Lucky Block Market Prediction: LBLOCK Continues to Undergo Price Accumulation

Lucky Block Market Prediction: October 4

The Lucky Block market prediction is for the coin to set itself for a breakout, as it gives more signals for a breakout

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 is readying for a rally after dropping into price accumulation since the 25th of September. Currently, the market is stuck between the $0.0000360 resistance and $0.0000200 as it tries to gather momentum. Successful execution of this will see the price surge back towards the $0.0000880 significant level

Lucky Block Market Prediction: LBLOCK/USD Anticipation

LBLOCK continues to engage in a phase of price accumulation, laying the groundwork for a potential rally since September 25th.

Presently, the market finds itself trapped within the confines of the $0.0000360 resistance and the $0.0000200 support levels, diligently striving to muster the necessary momentum.

Successful execution of this strategy would likely propel the price back towards the notable $0.0000880 level. The Parabolic SAR (Stop and Reverse) dots hover above the candlesticks.

LBLOCK/USD Medium-Term Trend: Bullish (4-hours chart)

Examining the Momentum indicator, it becomes evident that market momentum dipped with the price decline. However, the commencement of accumulation is signaled as the indicator begins to ascend.

Turning attention to the 4-hour chart, market momentum, as indicated by the Momentum indicator, has risen and maintains a steady, even trajectory, awaiting investor participation. Meanwhile, the Parabolic SAR dots remain positioned above the 4-hour candlesticks. This phase of price accumulation suggests the market’s readiness for potential upward movement shortly.

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.