Lucky Block Market Prediction: LBLOCKUSD Nears Potential Breakout
Login

Lucky Block Market Prediction: LBLOCKUSD Nears Potential Breakout

Estimated Reading Time: 3 minutes
Article Rating:
Based on 1 vote
Login to rate this article.

Azeez Mustapha

Updated:

Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you are unlikely to be protected if something goes wrong. Take 2 minutes to learn more


Lucky Block Market Prediction – May 6

The Lucky Block market prediction is for a definite breakout beyond the $0.0000360 resistance level to higher prices.

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

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

Lucky Block Market Prediction: LBLOCKUSD Nears Potential Breakout

Lucky Block is closer to a breakout beyond the $0.0000360 resistance level than it has ever been. Even though the coin dropped to the $0.0000260 support level to attract more bullish investments, it has not been particularly straightforward to push the price continuously upward. Bearish pressure is lingering in the market and the coin has had to throw up many spikes randomly to weaken the resistance level. Nevertheless, at the point of writing, the coin has strung up consecutive bullish candlesticks to edge ever closer to a breakout.

Lucky Block Market Prediction: LBLOCK/USD Anticipation

Lucky Block (LBLOCKUSD) inches closer to a potential breakout above the resistance level of $0.0000360, marking a significant juncture for the coin’s trajectory.

While the coin experienced a dip to the support level of $0.0000260, aimed at attracting bullish investments, the path to sustained upward momentum hasn’t been without challenges.

Lingering bearish pressure persists in the market, prompting sporadic spikes aimed at weakening the resistance level. However, as of the time of writing, Lucky Block has demonstrated resilience, stringing together consecutive bullish candlesticks and edging ever closer to a breakout.

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

On the daily chart, the Moving Average Cross (MA Cross) has maintained an upward trajectory since its upward crossover, acting as a reliable support during minor pullbacks. Presently, the coin has rebounded off this support, advancing towards the resistance level. Concurrently, the Elders Force Index (EFI) power line has consistently formed higher lows, gradually ascending to a positive value above the zero line, indicating strengthening bullish momentum.

Lucky Block Market Prediction: LBLOCKUSD Nears Potential Breakout

Within the 4-hour timeframe, multiple crosses of the MA Cross occurred during the price pullback. However, the latest cross is upward, suggesting the market is preparing for a potential confrontation with the resistance level. Notably, on the EFI chart, the power line has surged decisively above the zero level, providing buyers with an advantageous position as they anticipate a breakout beyond $0.0000360.

How To Buy Lucky Block

NoteLearn2.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.

  • Broker
  • Benefits
  • Min Deposit
  • Score
  • Visit Broker
  • Award-winning Cryptocurrency trading platform
  • $100 minimum deposit,
  • FCA & Cysec regulated
$100 Min Deposit
9.8
  • 20% welcome bonus of upto $10,000
  • Minimum deposit $100
  • Verify your account before the bonus is credited
$100 Min Deposit
9
  • Over 100 different financial products
  • Invest from as little as $10
  • Same-day withdrawal is possible
$250 Min Deposit
9.8
  • The Lowest Trading Costs
  • 50% Welcome Bonus
  • Award-winning 24 Hour Support
$50 Min Deposit
9
  • Fund Moneta Markets account with a minimum of $250
  • Opt in using the form to claim your 50% deposit bonus
$250 Min Deposit
9

Learn to Trade

Never Miss A Trade Again

step 1
Signal Notification

Real-time signal notifications whenever a signal is opened, closes or Updated

step 2
Get Alerts

Immediate alerts to your email and mobile phone.

step 3
Entry Price Levels

Entry price level for every signal Just choose one of our Top Brokers in the list above to get all this free.

Share with other traders!

telegram
Telegram
forex
Forex
crypto
Crypto
algo
Algo
news
News