Lucky Block Price Forecast: LBLOCK Is Set to Skyrocket From a Demand Zone

Updated:

Checkmark

Invest at least $250 in D2T to gain lifetime access to our VIP Signals

Checkmark

Get early access to Dash 2 Trade’s Presale. Buy the D2T token now

Checkmark

Existing community of 70,000+ traders

Checkmark

Unlocks access to the leading crypto trading analysis, signals and trading tools

Checkmark

As featured in CryptoNews.com, FXEmpire.com, FXStreet.com and more

Checkmark

World class development team backed by Quant developers and VC investors


Lucky Block Price Forecast – August 4

The Lucky Block price forecast is for the coin to skyrocket after it pulls back to a familiar demand level. The price is making a double retest before it shoots upward.

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

Key Levels:
Supply Zones: $0.00083930, $0.00089540, $0.00111300
Demand Zones: $0.00076050, $0.00078000, $0.0007996
Lucky Block Price Forecast: LBLOCK Is Set to Skyrocket From a Demand ZoneAfter a long stretch of upward movement, the market was capped at the $0.00111300 resistance and prevented from moving further upward. A consolidation phrase followed with the $0.00096170 acting as the support level. Afterwards, the desire of the market to break the consolidation trend makes the coin slide below the support level. DEFCUSD would go on to bypass several key level to get to $0.00078000. The coin is set to pump from there.

Market Expectations for Lucky Block: LBLOCK/USD Restores Bullishness

The $0.00078000 critical level is a benchmark zone for the coin. It is at this point that DEFCUSD was strengthened to effect a reversal on the 14th of July after an extended bearish period.

Afterwards, a bearish regime took over, with the coin breaking through multiple key levels. The strength of the bulls have reduced allowing the coin to be capped at the $0.00111300 resistance zone.

As a result, the price has dropped back to the benchmark support level at $0.00078000 and the market is now set to skyrocket immediately. The MA period 30 (Moving Average) has risen above the candles to guide it to the benchmark zone.

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

The 5-minute chart shows the price touched down at the demand zone and immediately jerked up. However, the market is pulling back again towards the demand zone. A second retest is a confirmation for the upsurge. The Parabolic SAR (Stop and Reverse) alternates around the candles in sideways movement but above the candles as it drops to the demand zone.
Lucky Block Price Forecast: LBLOCK Is Set to Skyrocket From a Demand ZoneThe MA period 30 (Moving Average) is also closely guiding the market downwards for the second test of the demand zone. The price is expected to skyrocket immediately after. The DeFI Coin will be looking to immediately get back above the $0.00089540 resistance and then break further grounds.


You can purchase Lucky Block here. Buy LBLOCK


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
  • 20% welcome bonus of upto $10,000
  • Minimum deposit $100
  • Verify your account before the bonus is credited
$100 Min Deposit
9
  • Award-winning Cryptocurrency trading platform
  • 14 Cryptoassets available to invest in
  • FCA & Cysec regulated
$200 Min Deposit
9.8

Highly volatile unregulated investment products. No EU investor protection.

  • Over 100 different financial products
  • Invest from as little as $10
  • Same-day withdrawal is possible
$100 Min Deposit
9.8
  • The Lowest Trading Costs
  • 50% Welcome Bonus
  • Award-winning 24 Hour Support
$200 Min Deposit
9
  • Award-winning Cryptocurrency trading platform
  • $100 minimum deposit,
  • FCA & Cysec regulated
$100 Min Deposit
9.8
  • Trade top Cryptos such as Bitcoin, Litecoin and Ethereum plus more
  • Zero commissions and no bank fees on transactions
  • Around the clock service with support in 14 languages
$100 Min Deposit
8.5
  • Fund Moneta Markets account with a minimum of $250
  • Opt in using the form to claim your 50% deposit bonus
$250 Min Deposit
9
Share with other traders!

Azeez Mustapha

Azeez Mustapha is a trading professional, currency analyst, signals strategist, and funds manager with over ten years of experience within the financial field. As a blogger and finance author, he helps investors understand complex financial concepts, improve their investing skills, and learn how to manage their money.