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Lucky Block Market Prediction: August 28
The Lucky Block market prediction is for the bulls to rely on the momentum gained from consolidation to breach the $0.0001100 resistance.
LBLOCK/USD Long-Term Trend: Bullish (1-Day Chart)
Key Levels
Supply Zones: $0.0001990, $0.0001420, $0.0001100
Demand Zones: $0.0000880, $0.0000720, $0.0000360
LBLOCK has risen to the $0.0001100 resistance level and is on the verge of pushing beyond it. The persistence of the bulls at this point will determine how far the coin will rise. However, the bulls can rely on the momentum gained from the prolonged period of consolidation in their asymmetrical structure to breach the resistance level and push up to higher levels.
Lucky Block Market Prediction: LBLOCK/USD Anticipation
LBLOCK’s bullish momentum is hinged on its ability to surpass the $0.0001100 resistance level. The coin has successfully risen to this crucial point and is poised to break through it.
The extent to which the bulls maintain persistence will determine the coin’s upward trajectory. Leverage is based on the momentum amassed during its prolonged consolidation within its asymmetrical structure.
The bulls, therefore, are looking to breach this resistance and achieve higher levels. As evidenced by the Momentum indicator, there has been a consistent and notable surge in market momentum since the price breakout.
LBLOCK/USD Medium-Term Trend: Bullish (4-hour Chart)
On the daily chart, the Stochastic Oscillator lines have experienced an upward turn from the oversold range. The upward rally of these lines, transitioning away from the oversold border, is indicative of the potential for the price to overcome the $0.0001100 resistance.
On the 4-hour chart, a minor hindrance is evident in the continuous upward movement of the market at the $0.0001100 resistance level. Consequently, the Stochastic lines have dipped, and the market’s momentum has experienced a downturn. Nonetheless, the price remains below the resistance level, and there is ample impetus to drive it above the $0.0001100 mark.
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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