Lucky Block Price Anticipation: Lucky Block Attempts to Establish Firm Footing Above $0.0000300

Lucky Block Price Anticipation – May 23

The Lucky Block price anticipation is for the market to establish a firm footing above the $0.0000300 key level from which it is expected to push against the $0.0000360 resistance level.

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

Key Levels:
Supply Zones: $0.0000360, $0.0000470
Demand Zones: $0.0000300, $0.000260

Lucky Block is striving to settle once again above the $0.0000300 key level to aid its quest to push beyond the $0.00003600 resistance level. There was pressure mounting on the market before it decided to relieve itself of the pressure by diving to the $0.0000260 support level. The coin immediately bounces back towards the $0.0000300 key level, but so far it has not been able to stabilize above the level.

Lucky Block Market Prediction: LBLOCK/USD Anticipation

Lucky Block is trying to surmount the challenge of reclaiming stability above the critical $0.0000300 level.

Reclaiming stability above $0.0000300 will facilitate its ascent beyond the formidable $0.0000360 resistance level.

A previous retreat to the $0.0000260 support level provided temporary relief from bearish pressure. The coin has now promptly rebounded towards $0.0000300, to achieve stability and more price increase.

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

On the daily chart, the convergence of the MA period 40 with the $0.0000300 level presents a significant juncture. A successful breach above this level would likely transform it into a supportive platform for further upward movement. Meanwhile, the MACD lines hover near the equilibrium, albeit with a slight downward bias, accompanied by visible bearish histogram bars.

Turning to the 4-hour timeframe, imminent candlestick movement above the MA period 40 signals a potential reinforcement of market resolve. Such a development could bolster efforts to consolidate above $0.0000300 and, subsequently, breach the $0.0000360 resistance level, paving the way for higher price levels.

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.