Lucky Block Price Forecast: LBLOCK Shows Upward Spike, More Movement Expected

Azeez Mustapha

Updated:

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Lucky Block Price Forecast: June 28

The Lucky Block price is expected to see a significant impact from buyers after a sharp spike to $0.0001990.

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 Shows Upward Spike, More Movement Expected

The recent spike in the Lucky Block market, where the candlestick’s shadow reached the $0.0001990 resistance level, indicates the buyers’ intention to drive the market upward. Although the coin retraces, the spike lifts the market above the $0.0001100 resistance level, creating a volatile shakeup that is expected to push the price higher.

Lucky Block Price Forecast: LBLOCK/USD Outlook

The Lucky Block market has been confined.0001420 and $00000880 after failing to surpass the $0.0001990 resistance level.

The price has been fluctuating within these key levels, with the $0.0001100 resistance level also preventing significant upward movement.

However, Lucky Block has responded with an aggressive spike, reaching the $0.0001990 resistance level, which has resulted in a sharp increase in market volatility as indicated by the Average True Range (ATR) indicator.

LBLOCK/USD Medium-Term Trend:

On the 4-hour chart, the price initially pierced the upper Bollinger Band but retraced back to below it and the $0.0001250 resistance level. Buyers are expected to build on the market spike and aim to break through $0.0001250 and then $0.0001420.

Lucky Block Price Forecast: LBLOCK Shows Upward Spike, More Movement Expected

The ATR indicator on the 4-hour chart has shown a significant increase in volatility. The Bollinger Bands are adjusting to accommodate the bullish candlesticks. To further increase the price and overcome the current limitations, the buyers need to act quickly and push the price toward $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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