Lucky Block Price Forecast: Lblock Bounces off of Supporting Trend Line
Login

Lucky Block Price Forecast: Lblock Bounces off of the Supporting Trend Line Within the Channel

Estimated Reading Time: 2 minutes
Article Rating:
Based on 1 vote
Login to rate this article.

Azeez Mustapha

Updated:

Lucky Block Price Forecast: May 12

The Lucky Block price forecast is positive for the bulls as the market creates an opportunity to ascend to $0.0030 with a supporting trend line.


LBLOCK/USD Long-Term Trend: Bullish (30-Minute Chart)

Key Levels:
Supply Zones: $0.00180, $0.00160, $0.00140.
Demand Zones: $0.00130, $0.0011000, $0.0011800
Lucky Block Price Forecast: Lblock Bounces off of the Supporting Trend Line Within the Channel LBLOCK/USD bounced off the demand zone on May 1st. The MACD (Moving Average Convergence Divergence) indicator crossed below point 0 to signify bullishness. The Parabolic Stop and reverse indicator were also early to confirm the bullish run. This caused DEFI’s price to rise to $0.00180.


Lucky Block Price Prediction: LBLOCK/USD Market Reversal Expected

On the 3rd of May, during the early hours of the day, Defi struck resistance at $0.00108. The MACD closed above the zero point. The effect was seen in the sell-off from the resistance zone.

The market retraced higher to hit the trend line at $0.00160. This caused a sell-off to $0.00100. The demand zone was utilized to go long. The MACD crossed beneath the midpoint on the 9th as the Parabolic SAR signified a bullish reversal.

The value of Lucky Block rose to $0.00140. There was a change in the state of delivery from bullish to bearish. The MACD crossed above equilibrium. The Parabolic SAR formed multiple points above the intraday candles to signify a sell-off.


LBLOCK/USD Medium-Term Trend: Bullish (5-minute chart)

LBlock formed lower highs and lower lows to the supporting trend line. The supporting trend line is expected to prevent lower pricing in the market.
Lucky Block Price Forecast: Lblock Bounces off of the Supporting Trend Line Within the Channel The market has leapt off the support trend line. The market is expected to rise to the upside of the parallel channel at $0.00140.

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.

  • Broker
  • Benefits
  • Min Deposit
  • Score
  • Visit Broker
  • Award-winning Cryptocurrency trading platform
  • $100 minimum deposit,
  • FCA & Cysec regulated
$100 Min Deposit
9.8
  • 20% welcome bonus of upto $10,000
  • Minimum deposit $100
  • Verify your account before the bonus is credited
$100 Min Deposit
9
  • Over 100 different financial products
  • Invest from as little as $10
  • Same-day withdrawal is possible
$250 Min Deposit
9.8
  • The Lowest Trading Costs
  • 50% Welcome Bonus
  • Award-winning 24 Hour Support
$50 Min Deposit
9
  • Fund Moneta Markets account with a minimum of $250
  • Opt in using the form to claim your 50% deposit bonus
$250 Min Deposit
9

Learn to Trade

Never Miss A Trade Again

step 1
Signal Notification

Real-time signal notifications whenever a signal is opened, closes or Updated

step 2
Get Alerts

Immediate alerts to your email and mobile phone.

step 3
Entry Price Levels

Entry price level for every signal Just choose one of our Top Brokers in the list above to get all this free.

Share with other traders!

telegram
Telegram
forex
Forex
crypto
Crypto
algo
Algo
news
News