Lucky Block Price Forecast: LBLOCK/USD Is Set to Rise From an Order Block

Updated:

Lucky Block Price Forecast – May 30

The Lucky Block forecast is ascending. The market has moved from the $0.002140 demand level to the $0.002530 resistance level after the uptrend resumed.


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

Key Levels:
Supply Zones: $0.002830, $0.002530
Demand Zones: $0.002140, $0.001780
Lucky Block Price Forecast: LBLOCK/USD Is Set to Rise From an Order BlockLucky Block bullish trend is very energetic as the Average Directional Index (ADX) has revealed the strength of the Lucky Block during its ascension. The ADX peaked during the period of the bullish rally on the 19th and 20th of October.


Lucky Block Price Forecast: LBLOCK/USD Outlook

LBLOCK/USD bulls utilized the bullish trend line to gain support for a change in the direction of the market’s delivery. The bearish trend turned bullish, just below $0.002140.

The Average Directional Index has been trading below equilibrium on the indicator phase during the market’s retracement. Before the cross of the Moving Average Period nine and twenty-one, the ADX rose above 50 with the bullish surge.

Once again, the ADX has currently risen above the 50 mark, just like on the 20th of May. This ADX indicator reveals that the strength of the bearish trend is weak, and the strength of the bullish trend is very energetic.


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

On the 5 minute chart, the market fell due to the resistance at $0.002530. A minor demand zone lies between $0.002530 and $0.002140.
Lucky Block Price Forecast: LBLOCK/USD Is Set to Rise From an Order Block The minor demand zone on the current bullish swing will help the market push up above $0.002530.

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.

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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.