Lucky Block Price Forecast: LBLOCK Market Lies Low Ahead of a Potential Rally

Lucky Block Price Forecast: July 19

The Lucky Block price forecast is for the buyers to maintain a silent profile as they gather momentum that will cause a huge surge that will violate the consolidation zone

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

Lucky Block buyers are accumulating momentum within the consolidation range of $0.0001420 to $0.0000880. Despite prior unsuccessful attempts at aggressive upward spikes, they now seek to gather momentum in a quiet market. This strategy aims to pave the way for a significant surge that will break the current consolidation zone and rise towards $0.0001990.

Lucky Block Price Forecast: LBLOCK/USD Outlook

The Lucky Block market is currently experiencing a period of consolidation between the significant levels of $0.0001420 and $0.0000880, as buyers gather momentum.

Despite previous attempts at aggressive upward spikes that proved unsuccessful, buyers are now opting for a quieter market phase to build up momentum, with the expectation of a substantial surge that will break the consolidation zone.

Analyzing the daily chart, the Elders Force Index (EFI) power line shows relatively stable fluctuations at an equilibrium level.

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

Meanwhile, the Stochastic Oscillator lines on the same timeframe indicate a lack of significant movement, hovering near the oversold border. On the 4-hour chart, the market’s quietness becomes more apparent. The 4-hour EFI indicator remains close to the equilibrium line, indicating a balance between buying and selling forces.

Similarly, the Stochastic Oscillator lines exhibit a consistent back-and-forth movement between the extreme zones. These observations suggest that the Lucky Block market is currently lying low, with buyers accumulating momentum in anticipation of a potential rally towards $0.0001990.

 

How To Buy Lucky Block

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