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Lucky Block Price Forecast: July 6
The Lucky Block price forecast is for the buyers to patiently wait for the right time to strike through to the $0.0001990 resistance level.
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, $0.0000360
The Lucky Block market has dropped into a consolidation zone after it could not impart the $0.0001990 resistance from a close range. The price has been limited to trade below the $0.0001100 key level. This market system has stretched over several weeks from last month into this month. Nevertheless, bulls are waiting for the right time to strike the market.
Lucky Block Price Forecast: LBLOCK/USD Outlook
LBLOCKUSD is looking for a way to end its price accumulation, which is now stretching to two months. The consolidation resistance lies at $0.0001420, and the consolidation support is at $0.0000880.
There are occasional spikes through the resistance, but the price mostly ends below the $0.0001100 significant level.
The market is somewhat silent, with the bulls waiting for the right turn for an upsurge. The Momentum indicator can be seen moving in a lateral direction, showing the silence in the market.
LBLOCK/USD Medium-Term Trend: Bullish (4-hour chart)
The Stochastic Oscillator lines on the daily chart have dropped into the oversold region. It is closer to the oversold region on the 4-hour chart. This is a sign of an imminent price rise.
The Momentum indicator, meanwhile, on the daily chart is also in a lateral movement like that of the daily chart. The bulls are gradually building impetus and waiting for the right time to strike upward through the resistance level back toward $0.0001990.
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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