• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer

ForexSchoolOnline.com

Learn to Trade Forex Online

  • Compare Brokers
    • Broker Type
      • Paypal Brokers
      • Swap-Free Brokers
      • Low Spread Brokers
      • ECN / STP Brokers
      • Market Maker Brokers
      • Non Dealing Desk Brokers
      • Low Minimum Deposit Brokers
    • Country
      • Brokers for Australia
      • Brokers for South Africa
      • Brokers for the UK
      • Brokers for the US
      • Brokers for Nigeria
    • Regulation
      • FCA Regulated Brokers
      • ASIC Regulated Brokers
      • FSCA Regulated Brokers
      • CFTC Regulated Brokers
    • Platform
      • MT4 Brokers
      • MT5 Forex Brokers
    • Strategies
      • Hedging Forex Brokers
      • Scalping Forex Brokers
      • Carry Trade Forex Brokers
      • Brokers for Indicators and EA’s
  • Start Here
    • Start Trading Guide
    • Beginner Trading Lessons
  • Free Forex Course
    • Public Login
    • Register
    • Password recovery
  • Lessons
    • Strategies
    • Videos
    • MT4 Guides
    • Money Management
  • Trade Setups
  • Tools
    • Correct Free Demo Charts
    • Forex Journal Download
    • Position Size Calculator
    • FULL List of Tools
    • Forex Demo Accounts
  • Price Action Guide
  • Free Course

Lucky Block Price Prediction: LBLOCKUSD Price May Bounce off the Support Trend Level Soon

Johnathon Fox
06/27/2024 | UPDATED ON: 06/27/2024

Lucky Block Price Prediction – June 27
The LBLOCKUSD price may likely bounce off the support trend level and break up the resistance level at $0.0000745 soon. Thus, if the bulls could push harder and sustain the coin price above the previous high value at $0.0000745, a sharp breakout and closure by the bulls above the mentioned resistance value will invalidate any bearish thesis and the price might hit the high of $0.0001200 upper level and beyond.

Levels:
Resistance levels: $0.0000300, $0.0000400, $0.0000500
Support levels: $0.0000150, $0.0000100, $0.0000090

LBLOCKUSD Long-term Trend: Bearish (Daily Chart)
Lucky Block remains bearish on the higher time frames. However, the price may bounce off the support trend level as soon as we can see a bullish correction in place.
Lucky Block Price Prediction: LBLOCKUSD Price May Bounce off the Support Trend Level Soon
The coin price is facing a resistance level below the moving averages; this indicates that the price may bounce off the support level soon as the bulls are set to push us higher.

The high order flow of the bears to the $0.0000158 support value during yesterday’s session also added to its bearishness. However, the bulls are ready to swing the coin price to the upper resistance zone.

The market price of LBLOCKUSD, which rises to a high of $0.0000196 below the moving averages as the daily session begins today, signals a return of bulls to the market and an improvement in bullish market sentiment.

Thus, the crypto price may bounce off the support trend level by closing the daily session above the $0.0000745 supply level, shifting the trade more to the buy side.

Additionally, the coin price may bounce off the support trend level soon and push higher as the market is oversold already. This will compel the buy traders to continue with the new correction phase to reach a $0.0001200 supply level in the days ahead in its long-term outlook.

LBLOCKUSD Medium-term Trend: Bearish (4H Chart)
The Lucky Block pair also trades in a bearish trend market and may bounce off the support trend level soon in the medium-term outlook. The price bars are below the supply levels due to the high impact of the short-term traders on the price flow.
Lucky Block Price Prediction: LBLOCKUSD Price May Bounce off the Support Trend Level Soon
The sustained bearish pressure in the past few hours has made the cryptocurrency price remain below the supply trend levels in its recent price level.

Meanwhile, the current price at a $0.0000196 low value below the supply trend level has not stabilized the market condition of the coin. Further, investors may seize the opportunity to buy the coin at a lower price and look for more gains ahead.

Notably, further downsides are unlikely as the market price of LBLOCKUSD is in an uptrend on the daily signal. The coin will bounce off the support trend levels to resume an uptrend soon, so we can now grow in confidence that a potential buy is coming near.

The price jump could hit the 0.0001200 resistance level in the coming days, indicating a strong supply zone for a potential BUY in its medium-time frame.

You can purchase Lucky Block here. Buy LBLOCK

Recommended Broker

  • Broker
  • Min Deposit
  • Benefits
  • Score
  • Visit Broker

$200

T&Cs Apply
  • The Lowest Trading Costs
  • 50% Welcome Bonus
  • Award-winning 24 Hour Support
5
Trade Now FreeBets Reviews
Reviews

About Johnathon Fox

Johnathon is a Forex and Futures trader with over ten years trading experience who also acts as a mentor and coach to thousands and has written for some of the biggest finance and trading sites in the world.

View all posts by Johnathon Fox →
Previous Post: « SolarX (SXCHUSD) Price Showing More Jumps Ahead
Next Post: Tamadoge (TAMA/USD) Price Declines, Building Energy »

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

Forex School Online

High Probability Price Action Trading

How to make, manage and take profit from trades in the markets

Start Learning (It's Free!)

Turn Your Trades into Winners!

The Price action course is the in-depth advanced training on assessing, making and managing high probability price action trades.

Sign up for Free!

Recommended Broker

  • Broker
  • Min Deposit
  • Benefits
  • Score
  • Visit Broker

$200

T&Cs Apply
  • The Lowest Trading Costs
  • 50% Welcome Bonus
  • Award-winning 24 Hour Support
5
Trade Now FreeBets Reviews
Reviews

Footer

Get Our FREE Course, Bonus Strategies & Indicators!
X
Join Us Now!

Your capital is at risk.

X

CORNERSTONE LESSONS

Forex Trading for Beginners

Price Action Trading

How to Trade Forex

Technical Analysis

Forex Charts

Forex Trading Strategies

Money Management 

Compare Brokers

Best Forex Brokers

Forex Demo Accounts

Best Forex Trading Platforms

Forex Apps

Swap Fee Accounts

MT4 Brokers

CATEGORIES

Forex Videos

Trading Lessons

Weekly Trade Ideas

Start Here Guide

ForexSchoolOnline.com helps individual traders learn how to trade the Forex market

WARNING: The content on this site should not be considered investment advice and we are not authorised to provide investment advice. Nothing on this website is an endorsement or recommendation of a particular trading strategy or investment decision. The information on this website is general in nature so you must consider the information in light of your objectives, financial situation and needs.

Investing is speculative. When investing your capital is at risk. This site is not intended for use in jurisdictions in which the trading or investments described are prohibited and should only be used by such persons and in such ways as are legally permitted. Your investment may not qualify for investor protection in your country or state of residence, so please conduct your own due diligence or obtain advice where necessary. This website is free for you to use but we may receive a commission from the companies we feature on this site.

We Introduce people to the world of currency trading. and provide educational content to help them learn how to become profitable traders. we're also a community of traders that support each other on our daily trading journey

Forexschoolonline.com 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.

Copyright © Forex School Online Sitemap  - Privacy Policy - Disclaimers & Terms of Use - CONTACT US