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Lucky Block Price Forecast: September 15
The Lucky Block price forecast is for the buyers to continue their background endeavors of regrouping to influence the market proceedings.
LBLOCK/USD Long-Term Trend: Bullish (1-Day Chart)
Key Levels
Supply Zones: $0.0001990, $0.0001420, $0.0001100
Demand Zones: $0.0000880, $0.0000720, $0.0000650
Following its inability to breach the formidable $0.0001250 resistance level, the Lucky Block market retraced to the $0.0000880 mark. Subsequently, a sequence of notable activities has unfolded at this support level, primarily driven by buyer interest as the coin endeavors to stage a robust rebound, potentially signaling a renewed bullish sentiment in the market.
Lucky Block Price Forecast: LBLOCK/USD Outlook
Lucky Block’s recent market performance has seen it retract to the $0.0000880 level after encountering resistance at $0.0001250.
Subsequently, there has been notable activity at this support level, largely attributed to an upswing in buyer interest as the coin seeks to stage a rebound.
Examining the daily Elders Force Index (EFI) indicator, it illustrates a steady ascent towards the zero line, signaling the increased efforts of buyers behind the scenes.
LBLOCK/USD Medium-Term Trend: Bullish (4-hour chart)
Despite the uptick in buyer activity, the Relative Strength Index (RSI) line maintains its position within the bearish segment. This lateral movement underscores a neutral sentiment prevailing in the market, suggesting a balanced stance among participants.
On the 4-hour chart, the EFI line initially surged upward, dipped back below the zero line, and then surged above it again. A similar pattern is observed with the RSI line, which has now risen above the 50 mark. These developments suggest that buyers are regrouping, potentially preparing to exert their influence on the market once again.
How To Buy Lucky Block
Note: Learn2.trade is not a financial advisor. Do your research before investing your funds in any financial asset or presented product or event. We are not responsible for your investing results.
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