Lucky Block Market Prediction: LBLOCK Buyers to Regroup With Price Accumulation

Azeez Mustapha

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Lucky Block Market Prediction – December 21

The Lucky Block market prediction is for the buyers to use the current price accumulation to regroup for another potential bullish drive.

LBLOCK/USD Long-Term Trend: Bullish (1-Day Chart)

Key Levels-
Supply Zones: $0.0000880, $0.0001100
Demand Zones: $0.0000600, $0.0000360
Lucky Block Market Prediction: LBLOCK Buyers to regroup with price accumulationLucky Block remains strongly bullish despite the recent pullback. The coin has surged strongly out of consolidation and surpassed several key levels to reach the $0.0000880 resistance level. At this point, the buyers were exhausted leaving the market to drop back below $0.0000600.

LBLOCK has now immediately jumped beyond the $0.0000600 level as expected, instead for the past three days it has been ranging just below $0.0000600. This is a pointer that the buyers want to accumulate to regain its full strength.

Lucky Block Market Prediction: LBLOCK/USD Anticipation

LBLOCK exhibits resilience as buyers strategize through price accumulation after a recent pullback.

Despite a robust surge out of consolidation, the coin reached the $0.0000880 resistance level, where buyer exhaustion triggered a retreat below $0.0000600.

Rather than an immediate move beyond $0.0000600, LBLOCK has maintained a range just below this level for the past three days, signaling a deliberate accumulation phase by buyers to restore full strength.

Market Expectations

On the daily chart, the Parabolic SAR hovers above daily candlesticks, indicating the ongoing price pullback. The EFI has undergone a sharp descent to the equilibrium level and currently fluctuates around zero.
Lucky Block Market Prediction: LBLOCK Buyers to regroup with price accumulationThe 4-hour timeframe reveals Parabolic SAR dots alternating around the candles, illustrating the process of price accumulation. The EFI indicator moves laterally slightly below the zero level. Buyers are anticipated to leverage this opportunity to regroup for a renewed bullish drive.

How To Buy Lucky Block

NoteLearn2.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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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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