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Lucky Block Market Prediction – September 27
The Lucky Block market prediction is for the market to gather inputs from investors for another bullish cycle that will breach the resistance levels.
LBLOCK/USD Long-Term Trend: Bullish (1-Day Chart)
Key Levels:
Supply Zones: $0.0001250, $0.0000880
Demand Zones: $0.0000360, $0.0000200
The Lucky Block market has dropped to an all-time low after it did not bypass the $0.0001250 resistance level in the projected time. The pullback of the coin to a lower price is to get investment from buyers at a lower price. The coin is then expected to gather bullish momentum from here and push strongly toward the resistance levels to break through.
Lucky Block Market Prediction: LBLOCK/USD Anticipation
LBLOCK currently finds itself at an all-time low following its inability to surpass the $0.0001250 resistance level within the expected timeframe.
This retracement in price is strategically aimed at attracting investment from buyers seeking favorable entry points.
Subsequently, the coin is anticipated to gather bullish momentum, propelling it toward the resistance levels with the intent to breach them.
LBLOCK/USD Medium-Term Trend: Bullish (4-hours chart)
Analyzing the daily chart, the 25-period Moving Average (MA) has established itself above the price, serving as a pivotal barrier that must be overcome for any significant price increase. Additionally, the Stochastic Oscillator lines, which were previously positioned above the oversold threshold, have descended further into the oversold region.
On the 4-hour timeframe, market indicators echo a similar sentiment, with the MA period 25 persistently positioned above the candlesticks, signifying a crucial hurdle that the price must surpass for upward movement. Concurrently, the Stochastic Oscillator lines indicate an oversold condition, suggesting an imminent rise may be on the horizon. This situation awaits the potential onboarding of investors, setting the stage for a prospective rally in the Lucky Block market.
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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