Lucky Block Market Prediction: LBLOCK Adjusts for Upcoming Rally

Azeez Mustapha

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Lucky Block Market Prediction: August 23

The Lucky Block market prediction is for the coin to keep adjusting itself for a rally that will take it as high as $0.0001620.

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, $0.0000650

Lucky Block Market Prediction: LBLOCK Adjusts for Upcoming Rally

The LBLOCKUSD market is adjusting nicely for a rally after breaching what seemed like a prolonged consolidation in a triangle. Spikes of varying heights have formed to highlight the coin’s potential. The price will have to push through multiple resistance levels to realize its potential of reaching the $0.0001620 significant level.

Lucky Block Market Prediction: LBLOCK/USD Anticipation

LBLOCKUSD is positioning itself strategically for an upcoming rally following a breakthrough from a prolonged consolidation period within a triangle formation.

Notable spikes of varying magnitudes have punctuated the landscape, underscoring the coin’s inherent potential.

To fully realize this potential and achieve the coveted $0.0001620 significant level, the price must successfully navigate through multiple resistance barriers.

Market Expectations

Examining the daily chart, the Stochastic Oscillator lines have descended into oversold territory but simultaneously executed an upward cross, signaling a bullish resurgence. Similarly, the MACD (Moving Average Convergence Divergence) lines have intersected upward, transitioning from a negative value.

Lucky Block Market Prediction: LBLOCK Adjusts for Upcoming Rally

Turning to the 4-hour timeframe, the MACD lines have already surpassed the equilibrium line, indicating a shift into positive territory. This positive momentum is reflected by the Stochastic Oscillator lines, which have ascended from the oversold zone toward the middle section of the chart. LBLOCK exhibits an ongoing pattern of progress, reinforcing expectations for an imminent substantial surge beyond the $0.0001420 threshold.

 

How To Buy Lucky Block

NoteLearn2.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.

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