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Lucky Block Market Prediction: July 20
The Lucky Block market prediction is for market investors to keep building impetus in silence as they opt for a subtle alternative to achieve the rally.
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
The Lucky Block market price accumulates between $0.0001420 and $0.0000880 levels. Investors are quietly building momentum after unsuccessful aggressive spikes. The strong support at $0.0000880 maintains a bullish outlook, with expectations of a breakout to $0.0001990.
Lucky Block Market Prediction: LBLOCK/USD Anticipation
The Lucky Block market is currently displaying an intriguing pattern of price accumulation within the key levels of $0.0001420 and $0.0000880.
Market investors are adopting a patient approach, building momentum through this silent accumulation phase as previous forceful attempts were unsuccessful.
One of the key factors bolstering bullish sentiment is the resilient support level at $0.0000880. The Moving Average (MA) Cross on the daily chart is moving laterally between the candlesticks, indicating potential short-term stability.
Market Expectations
The Moving Average Convergence Divergence (MACD) lines on the daily chart are currently exhibiting an uptrend and have reached equilibrium. This suggests that the momentum is strong with the possibility of the market’s continuation into positive territory.
Zooming into the 4-hour chart, the MACD and MA Cross lines show an upward trend. This suggests that the market is experiencing a resurgence from the significant support level of $0.0000880. As the price gains momentum, it will be looking to breach the several layers of resistance and aim for the target level of $0.0001990.
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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