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Lucky Block Price Forecast: June 20
The Lucky Block price forecast is for the market to rebound off the $0.0000880 demand level while attempting to continue its bullish agenda.
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
The Lucky Block market is on the verge of converting from a bearish market into a bullish one. The coin has halted the drop at the $0.0000880 support level. All that is left to do is for the bulls to strengthen the market to push through the barriers above it, and this is currently on course.
Lucky Block Price Forecast: LBLOCK/USD Outlook
The Lucky Block was aggressive in its upward movement by mid-March, as the market was forcing its way through the barriers before it.
However, one level the price couldn’t easily bypass is the $0.0001990 resistance level. Despite several weeks of ambushes below this level to break it, all its attempts were rebuffed.
This led to the exhaustion of the bulls, leading the coin to slip back to the $0.0000880 support level. The Momentum indicator remains largely lateral and has made a sharp bend at the tip of its line.
LBLOCK/USD Medium-Term Trend: Bullish (4-hour chart)
The EFI (Elders Force Index) line has dropped much due to the price fall through the $0.0000880 demand zone. Nevertheless, the powerline has not dropped far from below the zero level before the market stabilized, and now the bulls can begin reviving the market.
The price seems to be rising off the $0.0000880 support level, lately, and the indicators are reacting to it. The Moment indicator on the 4-hour chart is receiving a lift. The EFI likewise has risen to equilibrium properly, and the bulls will be looking to build from there to break the barrier to reach $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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