Lucky Block Market Prediction: Lucky Block Awaits Rally Trigger
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Lucky Block Market Prediction: Lucky Block Awaits Rally Trigger

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Azeez Mustapha

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Lucky Block Market Prediction – May 16

The Lucky Block market prediction is for the price to spring upward from the $0.0000300 key level by the slightest of triggers to violate the resistance level.

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

Key Levels:
Supply Zones: $0.0000470, $0.0000360
Demand Zones: $0.0000300, $0.0000260

Lucky Block Market Prediction: Lucky Block Awaits Rally Trigger

Lucky Block keeps sliding above the $0.0000300 critical level as it awaits a trigger that will pump the price beyond the $0.0000360 resistance level. The coin is on the verge of totally putting an end to the bearish sentiment that has pervaded the market since the beginning of March. LBLOCK price has moved up from the $0.0000260 resistance level in a bid to breach the $0.0000360 resistance. However, after a volatile session, the coin has decided to stabilize above $0.0000360 to gain more momentum before another rally.

Lucky Block Market Prediction: LBLOCK/USD Anticipation

Lucky Block maintains its position above the critical $0.0000300 level, poised for a potential breakout beyond the $0.0000360 resistance threshold.

The coin stands at the brink of dispelling the lingering bearish sentiment prevailing since March’s onset.

Having surged from the $0.0000260 support, Lucky Block now sets its sights on breaching the $0.0000360 barrier, pausing momentarily above this $0.0000300 level to gather momentum for its next bullish surge.

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

On the daily chart, the struggle persists as daily candlesticks endeavor to surpass the MA period 50 line, indicative of the coin’s resilience around $0.0000300. However, amidst this struggle, the Momentum indicator signals an upward momentum trend, evidenced by successive higher lows.

Lucky Block Market Prediction: Lucky Block Awaits Rally Trigger

Similarly, on the 4-hour timeframe, the market grapples with ascending cleanly above the MA period 50. Despite this challenge, the Momentum indicator oscillates around positive values, hinting at sustained upward momentum. Thus, while Lucky Block awaits a decisive trigger for its next rally, it remains buoyant above $0.0000300, poised for potential upward momentum accumulation.

How To Buy Lucky Block

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