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Lucky Block Market Prediction: March 13
The Lucky Block market prediction is for the price to stabilize above the $0.0000470 support level for a potential reversal towards $0.0000750.
LBLOCK/USD Long-Term Trend: Bullish (1-Day Chart)
Key Levels:
Supply Zones: $0.0000750, $0.0000600
Demand Zones: $0.0000470, $0.0000360
Lucky Block has now touched down at the $0.0000470 support level, which bulls will be utilizing for a price reversal. The market will first be expected to stabilize above the level to recover from the rejection suffered at $0.0000750 and the subsequent bearish pressure in the market. When the price eventually reverses, the first task will be to breach the $0.0000600 significant level before rising back to re-test $0.0000750.
Lucky Block Market Prediction: LBLOCK/USD Anticipation
Lucky Block has descended to the critical $0.0000470 support level, where bulls are poised to orchestrate a price reversal.
This pivotal level serves as a foundation for potential upward momentum, particularly after facing rejection at $0.0000750 and enduring bearish pressure.
The market’s immediate objective is to stabilize above $0.0000470 before aiming to breach the significant $0.0000600 level, subsequently retesting $0.0000750.
LBLOCK/USD Medium-Term Trend: Bullish (4-hours chart)
On the daily chart, the market’s descent to the $0.0000470 demand level coincides with trading below the middle line of the Bollinger Band. This indicates potential support from the lower Bollinger Band, enhancing the likelihood of price stabilization at $0.0000470. Furthermore, the daily Stochastic Oscillator lines continue the decline into oversold territory, signalling favourable conditions for a market reversal.
Analyzing the 4-hour timeframe, the price trajectory aligns with the Bollinger Band as it approaches the support level. While the candles predominantly slide above the lower Bollinger Band, the impending confluence with the $0.0000470 support suggests a robust foundation for halting the decline and initiating a reversal towards the significant $0.0000600 level. These crypto signals underscore the strategic importance of the $0.0000470 support level in Lucky Block’s current market dynamics.
How to buy Lucky Block
Note: Learn2.trade is not a financial advisor. Do your research before investing your funds in any financial asset, product, or event. We are not responsible for your investment results.
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