Lucky Block Market Prediction: LBLOCK Price Rises Steadily as Major Rally Approaches

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Lucky Block Market Prediction: December 9

The Lucky Block market prediction is that as the LBLOCKUSD market looks to resume its rally, the price continues to accumulate momentum to set up the lift-off.

LBLOCK/USD Long-Term Trend: Bullish (4-hour Chart)

Key Levels:
Zones of supply: $0.00015550 $0.0001670, $0.00017830
Zones of Demand: $0.00016670, $0.0001570, $0.0001990, $0.00013320

Lucky Block Market Prediction: LBLOCK Price Continues to Rise as Rally Approaches

LBLOCKUSD has been rising along the Parallel Channel since the 23rd of November, after the major breakout. The price range has been suspended on a steeply rising bullish trendline. This shows a largely rising LBLOCK market, despite recent instability in the crypto markets.

Lucky Block Market Prediction: LBLOCK/USD Anticipation

The market is currently trapped in a consolidation zone, but slight uptrend motions can still be seen. The SuperTrend indicator has turned green since the market returned from the short breakout from the consolidation zone.

The Parabolic SAR (Stop and Reverse) indicator has also placed its dots beneath the upward candles, signaling a return of the market’s bullish run. This only goes to confirm the consistently rising condition of the LBLOCKUSD price in the crypto market lately.

The Moving Average indicator agrees with the previous indicators as well. The 9-period MA currently underlines the bullish activity captured by the candlesticks.

LBLOCK/USD Medium-Term Trend: Bullish (1-hour chart)

On a lower time frame (1 hour), the consolidation of the LBLOCKUSD price is only more emphasized. The price remains caught up amidst a draw between buyers and sellers. The SuperTrend indications remain positive, however.

Lucky Block Market Prediction: LBLOCK Price Continues to Rise as Rally Approaches

Alternatively, it is expected that the price will likely have to return to retest the nearest major demand level to catch the trigger needed to resume the bullish market. It is expected to return the price to the midline zone of the Parallel Channel.

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.