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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
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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