Lucky Block Price Forecast: LBLOCK/USD Fills up Prominent Market Inefficiency

Lucky Block Price Forecast – May 23

The Lucky Block price forecast is towards the close of major market inefficiency caused by aggressive price spikes on the 20th of May.

LBLOCK/USD Long-Term Trend: Bullish (30-Minute Chart)

Key Levels:
Supply Zones: $0.00280, $0.00230.
Demand Zones: $0.00180, $0.00130
LBLOCK/USD is bullish. The bulls have continued to ascend in the market. The market was silent at the $0.00130 demand level. Multiple small-sized candles revealed the reduced volatility in the zone.

Lucky Block Price Forecast: LBLOCK/USD Outlook

The Moving Averages period nine and twenty-one crossed sideways at $0.00130. This consolidation was an accumulation phase for the bulls to go long. The distribution was seen after the accumulation at the $0.00130 support level.

The Moving Averages rested beneath the candles as the market ascended. The bulls were in complete control of the market from the support level at $0.00130. There was only a single bearish candle, which was almost invisible from $0.00130 to $0.00230.

A bearish spike occurred as the market struck $0.00280. The spike struck at $0.00180 with only two candles on the 30-minute chart. An imbalance is currently spotted between $0.00280 and $0.00230. LBLOCK/USD market is currently rising from $0.00180.

Medium-Term Trend: Bullish (5-minute chart)

The 5-minute chart shows the ascension of the market to fill up the market inefficiency. The inefficiency of the bearish spike has currently been filled halfway.

The market is expected to reach the previous high at $0.00280. The pull of the market is above the current price of Lucky Block to fill up the market inefficiency.

How To Buy Lucky Block 

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