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Lucky Block Market Prediction: September 13
The Lucky Block market prediction is for the coin to attract investment back at the key support level of $0.0000880, which will help it finally push beyond its resistance levels.
LBLOCK/USD Long-Term Trend: Bullish (1-Day Chart)
Key Levels:
Supply Zones: $0.0001990, $0.0001420, $0.0001100
Demand Zones: $0.0000880, $0.0000720, $0.0000650
LBLOCKUSD has yet to drop back again in price to the $0.00001880 level. The coin has been trying to invalidate the strong resistance levels, especially at $0.0001250, by directly testing it several times, but all to no avail. As a result, the market has dropped back to support gathering investment at a lower level, from which it will generate yet enough momentum to push through and defy the level.
Lucky Block Market Prediction: LBLOCK/USD Anticipation
LBLOCKUSD has once again retraced to the $0.00001880 mark. Despite multiple attempts to breach the formidable resistance levels, particularly at $0.0001250, the coin has faced continuous resistance, prompting a return to a support zone.
This strategic retreat aims to attract investments at a more favorable entry point, thereby accumulating the necessary momentum to ultimately surmount and overcome the resistance.
Analyzing the daily chart, the Stochastic Oscillator lines have dipped back into oversold territory, coinciding with the price’s retreat to the support level.
LBLOCK/USD Medium-Term Trend: Bullish (4-hour chart)
Simultaneously, the RSI (Relative Strength Index) line on the daily chart has descended into the bearish segment of its chart in response to the price correction. Both the 4-hour chart Stochastic Oscillator and RSI indicators suggest that the market is currently oversold, as both indicator lines hover around the oversold region.
While the $0.0000880 support serves as a barrier against further decline, the coin’s reduced price presents an attractive opportunity for investors, with the potential for a significant rally expected once investor interest increases.
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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