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Lucky Block Market Prediction: July 10
The Lucky Block market prediction is for the increased confidence of the buyers to pay off in overcoming the resistance levels to reach $0.0001990.
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, $0.0000650
The Lucky Block market is still accumulating between key levels. The structure within the price accumulation is that the major trading position is around $0.0001100, while the coin seems to spike upward at intervals toward the main consolidation resistance level at $0.0001420.
Lucky Block Market Prediction: LBLOCK/USD Anticipation
Although the sellers have been limited by the consolidation zone, there is still a struggle for control within the price accumulation.
The price is rising and falling as buyers try to strengthen themselves and take control of the market. Right now, under the limitation of $0.0001100, the market is throwing spikes upward.
The upward spikes are intended to further boost bullish confidence in the market with the expectation of a rally. The Stochastic is deep in the oversold region, which could catalyze a potential rally.
Market Expectations
The last spike upward was on June 29th when it rose to $0.0001990, which has kept the Parabolic SAR (Stop and Reverse) dots above the market. With the recent upward spikes, the dots are dropping and will likely switch below the candles to reflect the bullish progress.
On the 4-hour chart, the Parabolic SAR dots are aligned below the zero level. Only a few dots are above. The Stochastic is still close to its oversold border, with the bull’s progress in the background. An upsurge should help break the barriers to rising above the $0.0001420 resistance level.
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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