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Lucky Block Price Anticipation – July 8
The Lucky Block price anticipation is for the market bulls to strengthen after dropping to a confluence zone. The coin is expected to spring up due to solid support at the confluence zone.
LBLOCK/USD Long-Term Trend: Bullish (30-Minute Chart)
Supply Zones: $0.00098000, $0.00095460, $0.00092110
Demand Zones: $0.00091220, $0.00090370, $0.00086860
Lblock has found its stride in an upward movement, and the price is seen bouncing up a trendline. The market has created another crest after hitting resistance at $0.00095460, so the price has been dipping. However, the price dip is towards a confluence zone where the $0.00091220 price level crosses the market’s ascending trendline. Lucky Block is expected to gain strength and spring back upward.
Lucky Block Market Prediction: LBLOCK/USD to Continues in an Uptrend
The market has finally found a route upwards after an extended period of being subdued in a descending channel. The uptrend commenced after the coin broke out on the 4th of July.
In addition to its breakout, the price received strong support at the $0.00086860 demand zone. And from there, the Lblock has been bouncing upward on a trendline. This is expected to continue as the price touches down at a confluence zone.
The confluence zone of the $0.00091220 significant level and the trendline is expected to push the price upward. The Stochastic Oscillator lines in the oversold region are set for an imminent rise.
LBLOCK/USD Medium-Term Trend: Bullish (5-minute chart)
The 5-minute chart shows that the market passed through a ranging phase in trying to break through the $0.0009546 supply level. This spanned from the 7th to the 8th of July, and a failure to violate the level led to a dip below the $0.00093270 demand level and further downward till it reached the confluence zone.
With the Stochastic Oscillator lines set for an imminent rise from the oversold region, the market is predicted to recover from the confluence zone and charge back towards the $0.0009546 supply level and break through it. The MA (Moving Average) period 50 is also expected to be violated in the process. Lucky Block is likely to reach for $0.00098000
How To Buy Lucky Block
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