Lucky Block Price Forecast: August 31
The Lucky Block price forecast is for the market to negotiate past the current resistance level at $0.0024720. There is more chance of achieving this as buyers have more momentum.
LBLOCK/USD Long-Term Trend: Bullish (30-Minute Chart)
Key Levels:
Zones of supply: $0.0032560, $0.0024720
Zones of Demand: $0.0020270, $0.0018460
LBLOCK is looking for a way to break out of consolidation. The price has a double level of resistance above it. The enablement to violate one will give the market more confidence to violate the second one and eventually rise beyond the $0.003256 significant level. As a result, after about two weeks of consolidation around the $0.0020270 support, the price has risen to the level required to break it.
Lucky Block Price Forecast: LBLOCK/USD Outlook
LBLOCK started making major moves in an upward direction in mid-August. It did this by bashing against the $0.0027750 significant level. However, the price was seriously repelled at that point, and this reduced the bullish resolve.
Afterwards, Lucky Block plummets through the key level to reach the $0.0018460 key level. It received support from buyers which it is using to overturn the market. Currently, the price is pushing upward once more.
As the result, the MACD (Moving Average Convergence Divergence) lines have risen upwards and are undulating above the zero level. Bullish history bars are also very visible on the chart.
LBLOCK/USD Medium-Term Trend: Bullish (5-minute chart)
The 5-minute chart shows that the price is moving directly upward after bouncing upward from the $0.0018460 support level. The EMA period 75 (Exponential Moving Average) is lining the 5-minute candlesticks from the bottom to further propel the price upward.
Similar to the 30 min chart, the MACD signal lines are above zero and are showing more propensity to rise higher. Bullish bars are also present to show the strong influence of the buy-traders on the market. The price is expected to break through the $0.0024720 barrier and continue its foray towards the $0.0032560
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.