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Lucky Block Market Prediction: November 23
The Lucky Block market prediction is for the price to keep building up from the $0.0000260 demand level until it breaches 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
The Lucky Block market is still forging ahead on its upward move. The latest turn by the buyers is to conduct the market upwards through the use of a parallel channel. So far, everything is going as planned as the channel restricts the bears and keeps a steady uptrend.
Lucky Block Market Prediction: LBLOCK/USD Anticipation
The Lucky Block market continues its upward trajectory, marked by a strategic move from buyers who are guiding the market through the utilization of a parallel channel.
This approach has proven effective in curbing bearish influences and maintaining a consistent uptrend.
Examining the Moving Average (MA) Cross on the daily chart, it is currently moving laterally, yet to confirm the upward movement due to its gradual pace.
LBLOCK/USD Medium-Term Trend: Bullish (4-hours chart)
In contrast to the MA Cross, the daily Moving Average Convergence Divergence (MACD) indicator has demonstrated a sustained upward flow since the initial price drop to the $0.0000260 level in early October. Notably, bullish histogram bars are aligning, indicating positive market sentiment.
In the 4-hour timeframe, the undulating nature of the market within the parallel channel becomes more pronounced. The MA Cross exhibits a wavering pattern as it navigates through the candles. Similarly, the MACD lines undulate around the zero level, with bullish and bearish histogram bars alternating. Overall, the coin is anticipated to continue its steady ascent as the parallel channel strategy remains effective in guiding the market upward.
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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