Lucky Block Market Prediction: LBLOCK Remains Resolute in Bouncing Back from Demand Slump
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Lucky Block Market Prediction: LBLOCK Remains Resolute in Bouncing Back from Demand Slump

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Azeez Mustapha

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Lucky Block Market Prediction: September 20

The Lucky Block market prediction is for the price to remain steadfast in its resolve to push upward from the $0.0000880 demand level.

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

Lucky Block Market Prediction: LBLOCK Remains Resolute in Bouncing Back from Demand Slump

The Lucky Block market has dropped back to the $0.0000880 demand line but has actively begun reacting against the level. As expected, the demand line is offering rigid support to prevent further drops, and the persistence of the buyers is set to see the coin rally from this level. An intermittent display of spiking candlesticks shows the bulls’ intention as it keeps bobbling and reacting off the support level.

Lucky Block Market Prediction: LBLOCK/USD Anticipation

LBLOCK remains steadfast in its determination to rebound from the $0.0000880 demand level. The Lucky Block market has retraced to this crucial support line, actively demonstrating resilience against further declines.

As anticipated, the demand level serves as unwavering support, effectively preventing deeper drops, and the persistent efforts of the buyers are poised to propel the coin into a rally from this level.

Intermittent surges in candlestick patterns signify the bullish intent, evident in the continual interaction and reaction off the support level. On the daily chart, the MA Cross (Moving Average) lines have primarily maintained lateral movement but hint at a potential upward crossover.

LBLOCK/USD Market Expectations

Still, on the daily chart, the EFI (Elders Force Index), which had previously exhibited a downward bias, is steadily ascending, approaching the zero level with the prospect of transitioning into positive territory. The 4-hour MA Cross indicator closely mirrors the daily pattern, characterized by lateral movement and multiple crosses, signaling openness to an upward shift.

Lucky Block Market Prediction: LBLOCK Remains Resolute in Bouncing Back from Demand Slump

The EFI has reached an equilibrium level and is currently oscillating around it. These indications collectively suggest an imminent price rally towards the $0.0001100 resistance level, underscoring the resilience of LBLOCK in its bid for recovery. Investors are to closely monitor these developments for potential entry points and bullish momentum.

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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