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Lucky Block Market Prediction: August 8
The Lucky Block market prediction is for the price to keep rising steadily upward after initiating a new bullish foray off the $0.0000880 demand level.
LBLOCK/USD Long-Term Trend: Bullish (1-Day Chart)
Key Levels:
Supply Zones: $0.0001880, $0.0001420, $0.0001100,
Demand Zones: $0.0000880, $0.0000720, $0.0000360
Lucky Block initiates a new bullish journey from the $0.0000880 demand zone. Despite substantial obstacles, buyers show resilience. For further upward momentum, the coin must surpass $0.0001100 and breach the critical $0.0001420 resistance before targeting $0.0001880.
Lucky Block Market Prediction: LBLOCK/USD Anticipation
Lucky Block is presently embarking on a renewed bullish expedition. This is emerging from the $0.0000880 demand zone, and this is despite the persistent constraints that have thus far encumbered the market’s progress.
To pave the way for an unhindered ascent, the coin must surmount the $0.0001100 price threshold, facilitating a breakthrough of the significant resistance at $0.0001420.
This would grant the coin the liberty to soar further, potentially reaching heights as lofty as $0.0001880. The lower band of the Envelope indicator has functioned as a support to help the resurgence from the $0.0000880 support level.
Market Expectations
Concurrently, the Moving Average Convergence Divergence (MACD) on the daily chart has sustained a position below the zero level, poised for an imminent upward shift. Transitioning to the 4-hour chart, notable developments emerge as the MACD lines intersect in an upward trajectory, paralleled by the emergence of bullish histogram bars.
A successful bullish venture mandates surpassing not only the $0.0001100 mark but also the upper band of the Envelope indicator, a pivotal endeavour for Lucky Block’s ongoing bullish pursuit. Afterwards, the price will ascend to breach the $0.0001420 resistance level. If successful, more progress will be made toward $0.0001880.
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.
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