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Lucky Block Market Prediction: December 7
The Lucky Block market prediction is for the coin to keep marching upward to higher levels after breaking through the $0.0000360 resistance level.
LBLOCK/USD Long-Term Trend: Bullish (1-Day Chart)
Key Levels:
Supply Zones: $0.0000880, $0.0000360
Demand Zones: $0.0000260, $0.0000200
Lucky Block keeps marching from strength to strength after it secures its breakout from a prolonged consolidation zone. The price rose beyond the consolidation resistance with a strong bullish candlestick and has risen further beyond the next key level at $0.0000490. At the momentum level, investors are looking to ride the market to $0.0000600 before weakness begins to set in.
Lucky Block Market Prediction: LBLOCK/USD Anticipation
Lucky Block continues its impressive ascent, showcasing strength, and resilience following a breakout from an extended consolidation phase.
The price surged above the consolidation resistance, propelled by a robust bullish candlestick, and has subsequently surpassed the pivotal level at $0.0000490.
Currently, investors are eyeing a potential rally to $0.0000600 before any signs of market weakness emerge.
LBLOCK/USD Medium-Term Trend: Bullish (4-hours chart)
The Stochastic Oscillator lines, previously fluctuating between extremes, have now decisively taken an upward trajectory into the overbought zone. The RSI (Relative Strength Index) line exhibited a steady upward gradient, and upon surpassing the 50 mark, both the market and the RSI line surged into the overbought region.
Examining the 4-hour timeframe, a brief hesitation occurred just below the $0.0000490 resistance level, yet the bulls demonstrated their strength by breaking through. The Stochastic Oscillator lines are stable around the overbought border, indicating sustained upward momentum. Simultaneously, the RSI line has entered the oversold region, reinforcing the bullish sentiment. The coin is anticipated to maintain its upward trajectory towards the $0.0000600 target.
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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