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Lucky Block Price Forecast – August 22
The Lucky Block price forecast is for the market to leap off the $0.0018350 significant support zone to break the $0.0030050 critical level.
LBLOCK/USD Long-Term Trend: Bullish (30-Minute Chart)
Supply Zones: $0.0030050, $0.0025050
Demand Zones: $0.0018350, $0.0016400
LBLOCK is very much stirred up to weather the storm and rise beyond the $0.0018350 resistance level, but the market seems to have been trapped below the $0.0025050 price level. The price will break beyond this level definitely because the buyers can depend on the significant demand level at $0.0018350 to drive upwards.
Lucky Block Market Expectation: LBLOCK/USD Revives Bullishness
Lucky Block entered this month on a bullish note. However, a moment of weakness allowed the sellers to plunder the market. Therefore, the price plummeted through several key levels to reach $0.0018350.
Buyers have begun to engineer a return of the coin from the level where it dropped. Lucky Block has properly situated itself on the $0.0018350 key level and breached the $0.0025050 level, but the price drops back.
Momentum is being gathered at the current level. And with a strong level as support, LBLOCK will spring upward. The RSI (Relative Strength Index) line has lifted off the oversold region line.
LBLOCK/USD Medium-Term Trend: Bullish (5-minute chart)
The 5-minute chart shows the MA period 40 largely moving through the candlesticks. The price has initially lifted off the support level but has pulled back to it again. Lucky Block is anticipated to spring upward from this support level at any moment from now.
The Relative Strength Index line has also dropped back to the borderline of the oversold region. This means there is an imminent rally expected from the bulls. LBLOCK is expected to spring up from the $0.0018350 support level and break the $0.0030050 resistance level.
You can purchase Lucky Block here. Buy LBLOCK
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