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Lucky Block Market Prediction: July 17
The Lucky Block market prediction is that after a dip, the bulls are expected to swiftly regroup and strategize for another push beyond the $0.0001250 level.
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 remains bullish as buyers repeatedly attempt to drive up the coin’s value. Although there was a recent attempt to surpass $0.0001250, the price has retraced to the demand level. This presents an opportunity for LBLOCKUSD buyers to regroup and make another push towards their target of $0.0001990.
Lucky Block Market Prediction: LBLOCK/USD Anticipation
The Lucky Block coin has experienced a price drop but retains its bullish market tendency. Despite the temporary setback, the bulls continue to push the price higher.
In its recent attempt at the end of last week, the market pushed to surpass its resistance levels. However, the price has retraced back to the demand level.
This pullback will help buyers regroup and strategize for another push towards their desired target. The Bollinger Bands are wrapped around the daily candles. The upper band is below $0.0001250, a level the coin has struggled to surpass.
Market Expectations
Despite the price drop, the Momentum indicator on the daily chart still demonstrates a general gentle uptrend. This suggests that overall market sentiment remains positive. The 4-hour Momentum line shows an immediate rise after a drop, reflecting the coin’s resilience and its attempt to recover from the recent dip.
On the 4-hour time frame, the Bollinger Bands show a tighter squeeze, indicating increased price consolidation and the potential for a breakout. Overall, despite the current setback, LBLOCKUSD maintains a bullish market stance. Shortly, we expect the bulls to contend again for a higher price around $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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