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Lucky Block Market Prediction: February 2
The Lucky Block market prediction is for the buyers to keep accumulating strength, which will be used for a strong rally to higher prices.
LBLOCK/USD Long-Term Trend: Bullish (1-Day Chart)
Key Levels:
Supply Zones: $0.0000470, $0.0000600
Demand Zones: $0.0000360, $0.0000260
Lucky Block buyers can be said to be accumulating strength for a potential rally. Having thrust through to the $0.0000800 resistance level, the price was rejected, and from there, it gradually slid back through the levels till it found a formidable support level at $0.0000360. Above this key level, the buyers are reviving and accumulating strength for a potential rally back to $0.0000800.
Lucky Block Market Prediction: LBLOCK/USD Anticipation
Buyers in the Lucky Block market are actively accumulating strength, signaling a potential rally.
After surging toward the $0.0000800 resistance level, the price faced rejection, gradually sliding back through various levels until finding robust support at $0.0000360.
Above this crucial level, buyers are regaining momentum and consolidating strength for a potential rally back to $0.0000800.
LBLOCK/USD Medium-Term Trend: Bullish (4-hours chart)
Examining the daily chart, the Moving Average period 20 (MA) is positioned above the candlesticks, guiding the downward slide toward the $0.0000360 support level. The Elders Force Index (EFI) indicator has dropped below zero but hovers close to the zero level, indicating ongoing accumulation within the market.
On the 4-hour timeframe, the MA period 20 is closely aligned with the candlesticks, allowing occasional candles to rise above the MA line, facilitating the potential for a rally. The 4-hour chart’s EFI further reveals signs of price accumulation, with the power line undulating around the zero level, anticipating a breakout first towards $0.0000600. These crypto signals suggest a favorable environment for an imminent 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, product, or event. We are not responsible for your investment results.
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