Lucky Block Price Forecast: Lucky Block Embarks on Bullish Advance

Lucky Block Price Forecast: May 17

The Lucky Block price forecast is for an imminent challenge to the $0.0000360 resistance level as the market maintains its bullish trajectory.

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

Key Levels:
Zones of Supply: $0.0000360, $0.0000470
Zones of Demand: $0.0000260, $0.0000300

Lucky Block proceeds with its bullish foray toward violating the $0.0000360 resistance level. The price rose off the support level at $0.0000260 enthusiastically, throwing up many spikes as it moved closer to the resistance. However, the first test led to a rebuff. This led to a drop in the market, albeit to a higher low at $0.0000300. The coin has taken its time to gather much impetus and is now on its way for another test at the resistance level.

Lucky Block Price Forecast: LBLOCK/USD Outlook

Lucky Block persists in its bullish advance towards breaking the $0.0000360 resistance level.

Following a spirited rise from the $0.0000260 support level, the price has exhibited considerable spikes as it approaches the resistance.

Despite an initial setback upon the first test, the market retreated to a higher low at $0.0000300, indicating sustained bullish sentiment. With renewed momentum, the coin is now poised for another attempt at breaching the resistance level.

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

The MA period 40 (Moving Average) has emerged as a crucial support, aligning with the $0.0000300 level below the daily candlesticks. Meanwhile, the MACD (Moving Average Convergence Divergence) lines reflect a shift from bearish sentiment to equilibrium, positioning for a clean break above the zero level.

On the 4-hour chart, the MA, having previously risen above the candles, has now descended below to provide support for upward price movement. The MACD lines have undergone multiple upward crosses, maintaining consistent higher lows until surpassing the equilibrium level. Accompanied by miniature histogram bars, this ascent indicates a forthcoming test of the resistance level. Crypto signals suggest an imminent challenge to the resistance level as Lucky Block maintains its bullish trajectory.

How To Buy Lucky Block

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