Lucky Block Price Forecast: Lucky Block Is on the Rise From Demand Level

Updated:

Lucky Block Price Forecast: June 29

The Lucky Block price forecast is for the market to follow its trend of a steady rise in price after recovering from the $0.0018210 significant level.

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

Key Levels:
Zones of supply: $0.0024830, $0.0022630
Zones of Demand: $0.0019580, $0.0018210
Lucky Block Price Forecast: Lucky Block Is on the Rise From DepressionLucky Block commenced an uptrend after it was released from the influence of the sellers. The price is now set to finally kick off its bullishness again. The price will adopt the strategic trend of pulling back before breaking through the resistance levels that it confronts. And so, from $0.0018210, the price will rise to as high as $0.0024830 in the market.

Lucky Block Price Forecast: LBLOCK/USD Outlook

The market can be seen initially situated above the $0.0024830 significant level. However, a bearish strain caused the price to slide below that key level. As soon as this happens, the buyers become too weak to retaliate.

Lucky Block eventually finds its feet and tries to stabilize at $0.0019580. The sellers didn’t hold back till the coin dropped to an almost impermeable level at $0.008210. It is from here that the price is making its recovery.

A surge is initially seen in the lines of the MACD (Moving Average Convergence Divergence) as the price lifts. However, the lines have dropped back below the zero level due to retracement, but the market is recovering again.

LBLOCK/USD Medium-Term Trend: Bullish (5-minute chart)

On the 5-mins chart, the price is seen to lift off from the $0.0018210 strong support level. The Bollinger Bands seemed to squeeze around the price while it lay low upon the support level, but immediately the market began driving upward, the candles pushing against the lower and upper Bollinger Bands.
Lucky Block Price Forecast: Lucky Block Is on the Rise From DepressionA soft resistance at $0.0022630 has forced the price into retracing to $0.0019580. LBLOCK is expected to continue its upward mobility from this key level. The aim will be firstly, to reinstate the market back above the $0.0024830 price level. Then the coin can rise higher to claim more territories.

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.