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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.
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