Lucky Block Market Prediction: December 28
The Lucky Block market prediction is for a continuous upward surge after the price eventually breaks out of its symmetrical triangle.
LBLOCK/USD Long-Term Trend: Bullish (1-Day Chart)
Key Levels:
Zones of supply: $0002980, $0.0002150, $0.0001990
Zones of Demand: $0.0001570, $0.0001360, $0.00012000
LBLOCK is set to be propelled higher. The price has thus far been tapering in a symmetrical triangle structure. The buyers now await a breakout. This will help propel the market to a higher price level, above the $0.0001990 supply level. More investors are encouraged to climb into the market at the current price to partake in the gain in prices.
Lucky Block Market Prediction: LBLOCK/USD Anticipation
Lucky Block investors can expect a windfall, as the coin is poised to move above the $0.0001570 support level.
So far, the market has structured itself into a symmetrical triangle. A breakout of this triangle will send the price up, but with a lot of volatility.
The RSI line (Relative Strength Index) has stopped dropping and is moving sideways. Until investors decide otherwise, this is the current market trend.
LBLOCK/USD Medium-Term Trend: Bullish (4-hour chart)
On the daily chart, the MA Cross (Moving Average) is still on the downside. This is still the effect of the drop in the market to $0.0001570. However, as the price steadies itself for a breakout, multiple Moving Averages crosses have tilted to the top. Soon enough, we can expect the market to follow an upward direction.
The RSI line on the 4-hour chart shows the emerging trend in the market. Unlike the daily chart, the RSI line is drawn at a gentle elevation angle and gently undulates upwards. A breakout will propel the coin above the $0.0001990 level and beyond.
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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