Lucky Block Price Forecast: LBLOCK/USD Gyrates Within Its Symmetrical Triangle

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Lucky Block Price Forecast – May 26

The Lucky Block price forecast is for the ascension of the market to $0.002460. The market is currently rising from the oversold region as seen from the Williams Percent Range.

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

Key Levels:
Supply Zones: $0.002650, $0.002520, $0.002380
Demand Zones: $0.002250, $0.002330, $0.002380
Lucky Block bounced on the demand level at $0.002250 on the 24th of May. The market was already oversold on the Stochastic and the Williams Percent Range. This led to a rise in market prices.

Lucky Block Price Forecast: LBLOCK/USD Outlook

LBLOCK/USD rallied from the demand level at $0.002250. The market ascended to meet resistance at $0.002520. The bulls were unable to surpass the previous high of $0.002650.

The previous highs and lows were not broken. The market has narrowed down to form a symmetrical triangle.

The market consolidated between $0.002460 and $0.002380. The Bollinger Bands trapped the price action within the demand and supply levels. A bullish breakout is currently anticipated on the Lucky Block as the market just tapped into the demand level at $0.002330.

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

An ascending triangle has formed in the lower time frame. A bullish breakout is anticipated in the lower time frame (5-minute chart) as well as the higher time frame (30-minute chart).
A retest of the anticipated bullish breakout on the 5-minute chart is expected to eventually lead to a breakout in the higher time frame. The bulls are likely going to strike the next major level at $0.002460.

How To Buy Lucky Block 

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