Lucky Block Market Prediction: LBLOCK Drops to $0.0001570, Providing a Discount Buy Chance

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Lucky Block Market Prediction: December 23

The Lucky Block market prediction is for the coin to make an instantaneous recovery back above the $0.0001990 support level. It’s an opportunity for more investment at a lower price in the market.

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

Key Levels:
Zones of supply: $0002980, $0.0002460, $0.0002150
Zones of Demand: $0.0001880, $0.0001570, $0.0001360

Lucky Block Market Prediction: LBLOCK Drops to $0.0001570, Providing a Discount Buy Chance

LBLOCK/USD is switching its tactics after several trials to break the $0.0002980 resistance level. The market has dropped to a lower support level at $0.0001570 to bring in more market investors on board. This is expected to be done quickly as the buyers are eager to return the coin on its bullish adventure.

Lucky Block Market Prediction: LBLOCK/USD Anticipation

The Lucky Block market has been fluctuating above the $0.0001990 demand level in a bid to push higher and continue its bullish orientation.

However, after more than 3 weeks of fluctuation and not making headway, the coin has decided to switch its strategy. More buyers are being encouraged to come on board by bringing the price down.

The coin first dropped to $0.0001880 and has since dropped further to $0.0001570. At this point, the Stochastic Oscillator lines have crossed the borders into the oversold region. The price is now gearing up to rise again.

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

The market’s volatility has been on a steady decline up until now. With the plunge of the price to $0.0001570, there has been a sharp upturn in volatility. This is shown on the ATR (Average True Range) indicator, whose line has made a sharp upturn at its tip on the daily chart and a longer and clearer upturn on the 4-hour chart.

Lucky Block Market Prediction: LBLOCK Drops to $0.0001570, Providing a Discount Buy Chance

The Stochastic Oscillator lines are still plugged into the oversold region on the daily chart. The market is set for an instantaneous price increase. When this happens, the price will recover back above $0.0001990 and then rally more upward from there toward the $0.0002980 resistance level.

How To Buy Lucky Block

NoteLearn2.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.

 

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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.