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Lucky Block Market Prediction: December 13
The Lucky Block market prediction is for the coin to continue a gradual buildup to another forceful breakout to continue the bullish trend.
LBLOCK/USD Long-Term Trend: Bullish (1-Day Chart)
Key Levels:
Supply Zones: $0.0000880, $0.0000600
Demand Zones: $0.0000360, $0.0000260
LBLOCKUSD is gradually building for another breakout beyond the $0.0000600 resistance level. The market has decided to take a more measured approach after the strong bullish move to break out of its previous consolidation. Exhaustion on the path of the bulls may also contribute to stuttering movement towards another breakout.
Lucky Block Market Prediction: LBLOCK/USD Anticipation
LBLOCKUSD is gradually positioning for another breakout beyond the $0.0000600 resistance level.
The market, following a robust bullish move to escape its prior consolidation, now adopts a more measured approach.
Potential exhaustion among the bulls is contributing to a stuttering movement, hinting at an imminent breakout.
Market Expectations
Despite the hesitant ascent towards $0.0000600, the Parabolic SAR dots on the daily charts affirm the current bearish market sentiment, positioned above the candlesticks. Additionally, the Elders Force Index (EFI) has retraced below the zero level.
On the 4-hour timeframe chart, the Parabolic SAR dots remain aligned above the candlesticks. Encouragingly, the EFI line shows signs of recovery, approaching the zero level. Anticipated is the breach of the $0.0000600 resistance level, propelling LBLOCKUSD to a potential rise back to $0.0000880.
How To Buy Lucky Block
Note: Learn2.trade is not a financial advisor. Do your research before investing your funds in any financial asset, product, or event. We are not responsible for your investment results.
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