Lucky Block Price Forecast: LBLOCK Consolidation to Propel Breakthrough of $0.0001990 Order Block

Lucky Block Price Forecast: May 3

The Lucky Block price forecast is for the price to complete another cycle by testing the $0.0001990 resistance level.

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

Key Levels:
Supply Zones: $0.0002980, $0.0002740, $0.0001990
Demand Zones: $0.0001880, $0.0001570, $0.0001420

LBLOCKUSD is about to complete another cycle that will see the price test the resistance yet again. Every assault at the resistance level is weakening it, and we should witness a breakout soon enough. Momentum is rising, and the indications are positive for another test at the resistance, which could lead to the anticipated breakout toward $0.0002740.

Lucky Block Price Forecast: LBLOCK/USD Outlook

Lucky Block has been caught in consolidation since the beginning of April. The buyers have been trying to break the limitation, but the $0.0001990 resistance has been up to the task.

Several candle wicks are piercing through the resistance to bypass the level but to no avail. The price has bounced off the support again to complete another cycle.

A bullish candlestick is now growing toward the resistance again. Another test is aimed at the resistance level. The Bollinger Band has adjusted and shrunk around the daily candlesticks.

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

The Momentum indicator is in a negative range and fluctuates around a level. This is obviously due to the fluctuating nature of the market. The momentum is rising, as seen on the 4-hour chart. The price bounced off the support level and is rising to test the resistance again.

The lower Bollinger Band helped the price spring off the support level, and now the price has risen above the middle line. The candles will stretch the upper Band to test the resistance level. LBLOCK can make the anticipated breakout when the price reaches the $0.0001990 resistance, paving the way for the price to rise to $0.0002740.

How To Buy Lucky Block

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