Lucky Block Price Forecast: LBLOCKUSD Gains Momentum from Critical Support, Aims High

Azeez Mustapha

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Lucky Block Price Forecast: August 15

The Lucky Block price forecast is for the market to gather bullish momentum from $0.0000880 to break through and overcome the resistance levels.

LBLOCK/USD Long-Term Trend: Bullish (1-Day Chart)

Key Levels-
Supply Zones: $0.0001990, $0.0001420, $0.0001100
Demand Zones: $0.0000880, $0.0000720, $0.0000650

Lucky Block Price Forecast: LBLOCKUSD Gains Momentum from Critical Support, Aims High

LBLOCKUSD’s price has dipped slightly, and its attempts to surpass resistance at $0.0001420 have met obstacles from resilient supply lines. The coin has thus returned to gather support at the vital level of $0.0000880, intending to gather momentum for a breakthrough and overcome the resistance levels.

Lucky Block Price Forecast: LBLOCK/USD Outlook

LBLOCKUSD has undergone a minor price adjustment, prompting efforts to breach resistance barriers and ascend toward $0.0001420.

However, these endeavors have encountered resistance from robust supply lines. Consequently, the coin has reverted to gathering support at a significant level of $0.0000880.

Dropping back to $0.0000880 is a strategic move aimed at fostering a resurgence of bullish momentum. The RSI (Relative Strength Index) line has shifted to the bearish region on its chart, resting just below the 50 mark.

LBLOCK/USD Medium-Term Trend: Bullish (4-hour chart)

On the daily chart, momentum has diminished, evident in the subtle movements of the Momentum indicator. Over on the 4-hour charts, candlesticks appear subdued as they consolidate near the $0.0000880 support level.

Lucky Block Price Forecast: LBLOCKUSD Gains Momentum from Critical Support, Aims High

The 4-hour RSI line hovers around the 50 mark in a lateral manner, while the Momentum indicator oscillates within a confined range. The coin is poised to harness this foundation and cultivate the necessary strength to challenge resistance barriers up to $0.0001420.

 

How To Buy Lucky Block

NoteLearn2.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.

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