Lucky Block Market Prediction: Lucky Block is Making a Swift Bullish Recovery
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Lucky Block Market Prediction: Lucky Block is Making a Swift Bullish Recovery

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Azeez Mustapha

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Lucky Block Market Prediction – May 21

The Lucky Block market prediction is for the swift recovery of the market to lead to the direct violation of the $0.0000360 resistance level.

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

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

Lucky Block Market Prediction: Lucky Block is Making a Swift Bullish Recovery

Lucky Block is making a swift bullish recovery from the $0.0000260 support level after it dropped to the level just over the weekend. The market had previously taken off from the support level trying to violate the $0.0000360 resistance level. However, bearish began mounting, therefore the price resets back to the $0.0000260 level to gather momentum again. Right now there is a swift recovery back above $0.0000300 and the bulls will want to break the $0.0000360 resistance before pressure starts mounting again.

Lucky Block Market Prediction: LBLOCK/USD Anticipation

Lucky Block is making a swift bullish recovery from the $0.0000260 support level, which it dropped to over the weekend.

Previously, the market had rallied from this support level, attempting to breach the $0.0000360 resistance level. However, mounting bearish pressure caused the price to reset to $0.0000260 to gather momentum.

Currently, there is a rapid recovery above $0.0000300, and the bulls aim to break through the $0.0000360 resistance before bearish pressure intensifies again.

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

Crypto signals show a surge above the $0.0000300 key level, with the MA Cross (Moving Average) on the verge of crossing upward, confirming the uptrend. Additionally, the RSI (Relative Strength Index) has rebounded from a dip back to the 50 mark. Further upward movement will confirm the price surge.

Lucky Block Market Prediction: Lucky Block is Making a Swift Bullish Recovery

On the 4-hour timeframe, buyers are in a more advanced position. The MA Cross indicator has already made a definitive upward cross, and the 4-hour RSI indicator has surged from deep in the oversold region to the overbought border. The market has built strong bullish momentum and is poised to breach the $0.0000360 resistance level.

How To Buy Lucky Block

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