Lucky Block Market Prediction: LBLOCK Set to Surge Upward

Lucky Block Market Prediction: June 1

The Lucky Block market prediction is for the buyers to pump the market so that it surges towards the resistance level shortly.

LBLOCK/USD Long-Term Trend: Bullish (1-Day Chart)

Key Levels:

Supply Zones: $0.0002980, $0.0001990, $0.0001690

Demand Zones: $0.0001420, $0.0001250, $0.0000880

The Lucky Block market has bounced off the low level it dropped to at $0.0000880 and has now anchored itself around the $0.0001250 key level. The market seems somewhat silent currently, but the buyers are working in the background to ensure the price increases and maintain its upward movement.

Lucky Block Market Prediction: LBLOCK/USD Anticipation

The Lucky Block buyers are working to pump the market back to a higher price level. The inability of the coin to bypass the $0.0001990 resistance is what led to the drop in price.

The coin dropped to $0.0000880 but has pushed itself higher and anchored itself above the $0.0001250 demand zone. Despite the somewhat silent market, LBLOCK is anticipated to rally shortly.

Despite the somewhat lateral movement of the market, the MA Cross (Moving Average) has reacted to the market structure just before now, and an upward cross may yet release the price upward.

LBLOCK/USD Medium-Term Trend: Bullish (4-hour chart)

Though the Stochastic Oscillator lines on the daily chart have bounced off the oversold border, the lines are moving laterally at a mid-level just before the middle line and the oversold border.

Meanwhile, on the 4-hour chart, there has already been an upward cross on the MA Cross but the MA is forced to drop back down as the price trades just below the $0.0001250 zone. The Stochastic lines are still fluctuating below the midline. Buyers are working in the background, and we should see a price surge towards $0.0001990 shortly.

How To Buy Lucky Block

Note: Learn2.trade is not a financial advisor. Do your research before investing your funds in any financial asset or presented product or event. We are not responsible for your investing results.