Lucky Block Price Forecast- LBLOCK/USD Is Set for a Bullish Breakout

Azeez Mustapha


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Lucky Block Price Forecast- June 27

Lucky Block price forecast is bullish. The market is currently reacting to the bullish trend line above the demand level at $0.0009700.

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

Key Levels:
Zones of supply: $0.0011000, $0.0011800.
Zones of Demand: $0.0009700, $0.0008000
Lucky Block Price Forecast- Lblock/USD Is Set for a Bullish BreakoutLucky Block has gyrated between the resistance zone at $0.001180 and the support zone at $0.0008000. This has resulted in forming a symmetrical triangle on the 30-minute chart.

Lucky Block Price Forecast: LBLOCK/USD Outlook

Lucky Block bullish trend line has acted as support to the bullish run. The bullish trend line is anchored at the lows formed on the 13th and the 19th of June. The bearish trend line above the candles on the 30-minute chart has also resisted the upward push of price. The tussle has led to smaller ranges from the extreme demand and supply zones.

The Moving Average period nine crossed Moving Average period twenty-one to the lower side as the market rose above the resistance level at $0.0011000. This led to the move towards the demand levels for bullish support. The demand level at $0.0008000 was tested for the second time. The bulls utilized the opportunity to go long in the market.

The Moving Averages have crossed to signify bullishness just above the bullish trend line on the 30-minute chart. This will likely result in a bullish breakout of the symmetrical triangle.

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

LBLOCK/USD has experienced a bullish breakout of a descending channel within the larger symmetrical triangle. The Moving Averages are also resting below the 5-minute candles to support bullishness.
Lucky Block Price Forecast- Lblock/USD Is Set for a Bullish Breakout
Lucky Block market is expected to rise and push through the bearish trend line. The supply zone at $0.0011000 is likely to be the next target of the bullish rally.

How To Buy Lucky Block 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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