Lucky Block Market Prediction: LBLOCKUSD Inches Closer to a Breakout

Lucky Block Market Prediction – May 9

The Lucky Block market prediction is for the price to range upwards to the $0.0000360 resistance level where it is expected to violate the level

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

Key Levels:
Supply Zones: $0.0000470, $0.0000600
Demand Zones:$0.0000360, $0.0000260

Lucky Block is closer to a breakout as it ranges through the bullish triangle structure. The price assumes this structure in a bid to push up from the $0.0000260 demand level. The candles have just touched down to the longer side of the triangle after testing the $0.0000360 resistance. Lucky Block price is now closer to a breakout as the next move upward could result in the long-awaited violation of the $0.0000360 resistance level.

Lucky Block Market Prediction: LBLOCK/USD Anticipation

Lucky Block (LBLOCKUSD) edges closer to a breakout as it navigates within a bullish triangle structure.

The price assumes this formation to surge from the $0.0000260 demand level. After testing the $0.0000360 resistance, the candles now rest on the longer side of the triangle.

The price is now closer to a breakout, with the next upward move potentially resulting in the long-awaited breach of the $0.0000360 resistance level.

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

Across the daily candles, a notable trend emerges, with all candles positioned above the middle line of the Bollinger Band, consistently stretching towards the upper band. Some candles even exhibit spikes, piercing through the upper Bollinger Band and the $0.0000360 resistance level. Moreover, the Momentum indicator registers higher highs and lows, indicating a gradual increase in bullish momentum within the market.

Within the 4-hour timeframe, as the candles fluctuate within the triangle structure, they intermittently rise to challenge the upper Bollinger Band before retracting towards the lower band. Presently, the candles have descended to the lower band, fueling anticipation for another rise that could potentially lead to a breakout. The Momentum indicator continues to fluctuate around the zero point, poised for an impending rise, further reinforcing the potential breakout scenario.

How To Buy Lucky Block

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