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Lucky Block Market Prediction: August 31
The Lucky Block market prediction is for the market to remain persistent in making strides through the resistance levels.
LBLOCK/USD Long-Term Trend: Bullish (1-Day Chart)
Key Levels:
Supply Zones: $0.0001990, $0.0001420, $0.0001250
Demand Zones: $0.0000880, $0.0000720, $0.0000360
LBLOCK is still upward-bound and is now making a frantic effort to progress through the resistance blocks. The $0.0001100 key level is the first supply level on the line, but the price has now marginally risen above it. The goal of the buyers now will be to maintain a stand above this level and use it as a launching pad to spring beyond the next resistance, which lies at $0.0001250.
Lucky Block Market Prediction: LBLOCK/USD Anticipation
LBLOCK continues its upward trajectory with determination, actively striving to overcome the resistance barriers in its path.
The initial challenge lies at the $0.0001100 pivotal level, and the price has recently managed a slight breakthrough. The objective for the buyers now centers on maintaining a position above this level.
Afterward, the coin uses the level as a launching point for surmounting the subsequent obstacle at $0.0001250. Evident on the daily chart, the Momentum indicator consistently ascends, indicative of the ongoing upward momentum as the market ascends to higher echelons.
Market Expectations
Concurrently, the EFI (Elders Force Index) power line follows an ascending trajectory above the zero level, underscoring the market’s increasingly bullish sentiment. The 4-hour chart reveals a hint of sideways movement reflected in the Momentum indicator as the candlesticks confront the $0.0001100 resistance.
In parallel, the EFI repeatedly tests the equilibrium level from an elevated position. As the market maneuvers beyond the $0.0001100 resistance, it stands poised for a substantial ascent, ready to seize the opportunity for greater growth.
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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