Lucky Block Price Forecast: LBLOCK Nears $0.0001100 Resistance Level

Azeez Mustapha

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Lucky Block Price Forecast: July 4

The Lucky Block price forecast is for the market to keep pushing against the $0.0001100 resistance level till it makes the big breakthrough

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 Price Forecast: LBLOCK Nears $0.0001100 Resistance Level

The Lucky Block market is trapped between key levels. Furthermore, the $0.0001100 level continues to block the price from rising. Nevertheless, LBLOCK is persistent in pushing against the $0.0001100 blockage and has formed an ambush right below the resistance level, ready to strike through.

Lucky Block Price Forecast: LBLOCK/USD Outlook

Lucky Block remains within the range zone. However, buyers are determined to evade this consolidation and push the price back to its previous level.

The $0.0001100 key level has contributed to keeping the price at bay. However, the market has now formed something of an amusement below the level to strike through at any weak point.

The last spike of the market to $0.0001990 ensures that the Parabolic SAR (Stop and Reverse) dots remain above the candlesticks. But it is only a matter of time before the price rises to the dots’ position.

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

The MACD (Moving Average Convergence Divergence) lines on the daily chart are driving upward from below the zero level. The presence of persistent bullish histogram bars is another indication of this.

Lucky Block Price Forecast: LBLOCK Nears $0.0001100 Resistance Level

The movement of the MACD lines on the 4-hour chart shows the market trajectory as wavy-like. The lines are undulating around the zero level, but currently, they are moving upward toward the zero level as the price seeks to break the limitations to reach $0.0001990.

 

How To Buy Lucky Block

NoteLearn2.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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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.

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