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Lucky Block Market Prediction: June 21
The Lucky Block market prediction is for the price to maintain a steady upward movement that will bypass the barriers.
LBLOCK/USD Long-Term Trend: Bullish (1-Day Chart)
Key Levels:
Supply Zones: $0.0001990, $0.0001420, $0.0001100
Demand Zones: $0.0000880, $0.0000720, $0.0000360
LBLOCKUSD is more or less locked in consolidation after it drops off the $0.0001990 resistance level. The market has stabilized at the $0.0000880 support level, allowing more bulls to enter the market. This is now helping the price create a channel through the barriers to reach a high price level.
Lucky Block Market Prediction: LBLOCK/USD Anticipation
The Lucky Block market is accumulating between key levels. The $0.0001420 level acts as resistance, while the market rests on the $0.0000880 significant level as support.
The price has been rejected at the resistance level and fallen to the support level. However, the price is about to build back up from the support level.
The first barrier to overcome is at the $0.0001100 key level. The EMA period 30 (Exponential Moving Average) is aligned with $0.0001100 and has to be broken for the market to rise.
Market Expectations
The Momentum line is going sideways, but we are seeing a bunch of bullish candlesticks around the $0.0000880 price. Plus, on the daily chart a sudden increase in upward movement for the Momentum indicator.
On the 4-hour chart, the EMA period 30 had descended low enough for the marginal rise of the market to bypass it. The market is now set for more upward movements from here, with only the $0.0001100 level to overcome. The Momentum line is also on the rise and has a positive value. The target is $0.0001990.
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.
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