Lucky Block Market Prediction: LBLOCK/USD Remains Optimistic for a Bullish Return

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Lucky Block Market Prediction – November 22

The Lucky Block market prediction is that the market will remain up-bound until it is mature for an aggressive bullish campaign.

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

Key Levels:
Zones of supply: $0.0001880, $0.0002040, $0.0004200
Zones of Demand: $0.0001570, $0.0001360, $0.0000880

Lucky Block Market Prediction: LBLOCK/USD Remains Optimistic for a Bullish ReturnTo exit its current ranging channel, LBLOCK/USD maintains a positive stance. More consumers are now interested in purchasing as a result of the price decrease. Thus, as the market continues to develop, it has transformed into a bullish triangular formation, which is anticipated to drive the price up.

Lucky Block Market Prediction: LBLOCK/USD Anticipation

Before entering the current consolidation zone, LBLOCKUSD was dependent on a significant resistance level at $0.0002040. The price fluctuated over that point before gaining momentum and surging upward.

The coin price direction was rejected at the $0.0002460 resistance zone, which caused a significant price decline. As a result, the market could no longer be supported by the $0.0002040 support, which caused it to fall to lower price levels.

After that, Lucky Block settles above a stronger support area at $0.0001570. This level has been maintained, and once it trades over the EMA (Exponential Moving Average) period 25, the price is poised to surge higher from there.

LBLOCK/USD Bullish medium-term trend (1-Hour chart)

The MACD (Moving Average Convergence Divergence) indicator shows that the market is already exhibiting signs of a bullish frenzy. This is demonstrated by a continuous line of bullish histogram bars. The MACD line, which is always rising and is poised to cross into positive values, moves in tandem with this.

Lucky Block Market Prediction: LBLOCK/USD Remains Optimistic for a Bullish ReturnOn the 1-hour chart, the EMA period 25 is swaying through the candles, but it is still slightly above the price at which the market is now trading. The MACD lines on the same timeframe were above the zero line at this point but have since drifted lower. It is anticipated that LBLOCKUSD will soon break through and climb toward $0.0004200.

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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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.