Lucky Block Market Prediction: LBLOCK Buyers Accumulate Strength, Anticipating a Rally
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Lucky Block Market Prediction: LBLOCK Buyers Accumulate Strength, Anticipating a Rally

Estimated Reading Time: 3 minutes

Azeez Mustapha

Updated:

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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

GATEIO:LBLOCKUSDT Chart Image by michaelfaniyi42

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.

GATEIO:LBLOCKUSDT Chart Image by michaelfaniyi42

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

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