Lucky Block Price Forecast – May 25
The Lucky Block price forecast is for a potential bullish breakout from the descending creek formed on the flag pattern.
LBLOCK/USD Long-Term Trend: Bullish (30-Minute Chart)
Key Levels:
Supply Zones: $0.002520, $0.002470.
Demand Zones: $0.002420, $0.002370
Lucky Block is currently uptrending without any significant fake-outs in the market. The market is seen to ascend steadily, with previous highs being swept.
Lucky Block Price Forecast: LBLOCK/USD Outlook
LBLOCK/USD has experienced multiple bullish breakouts within the overall ascending channel. A retracement is forming from the peak of the ascending trend. The resistance at $0.002520 has led to the current retracement in the market.
The market consolidated between $0.00250 and $0.002470. The bulls are expected to seek support at a discount price. As a result, a retracement below equilibrium at 50% Fibonacci is expected to fuel the bullish run.
The demand zone at $0.002370 is expected to prevent bearish moves. The zone is expected to form support for the price of Lucky Block to rise. The Stochastic is currently in the oversold region. This is an early sign of anticipating a reversal for the market to ascend.
Medium-Term Trend: Bullish (5-minute chart)
The 5-minute chart shows the bearish structural shift. The market has broken the previous resistance zone, which temporarily supported today’s price action.
The stochastic on the 5-minute chart correlates perfectly with the higher time on the 30-minute chart. The stochastic reveals the market is oversold. The market is expected to resume buying to rise back to $0.002520.
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.
- Broker
- Min Deposit
- Score
- Visit Broker
- Award-winning Cryptocurrency trading platform
- $100 minimum deposit,
- FCA & Cysec regulated
- 20% welcome bonus of upto $10,000
- Minimum deposit $100
- Verify your account before the bonus is credited
- Over 100 different financial products
- Invest from as little as $10
- Same-day withdrawal is possible
- Fund Moneta Markets account with a minimum of $250
- Opt in using the form to claim your 50% deposit bonus
Learn to Trade
Never Miss A Trade Again
Signal Notification
Real-time signal notifications whenever a signal is opened, closes or Updated
Get Alerts
Immediate alerts to your email and mobile phone.
Entry Price Levels
Entry price level for every signal Just choose one of our Top Brokers in the list above to get all this free.