Lucky Block Market Prediction: LBLOCKUSD Continues Price Accumulation in Anticipation of a Rally

Lucky Block Market Prediction: October 24

The Lucky Block market prediction is for the market recovery to continue into a market pump toward the $0.0000880 level.

LBLOCK/USD Long-Term Trend: Bullish (1-Day Chart)

Key Levels:
Supply Zones: $0.0000880, $0.0000360
Demand Zones: $0.0000260, $0.0000200

The LBLOCK market is still accumulating prices ahead of a potential rally. At some point last week, the sellers suddenly gained momentum to plunge into the market, but their activity was thwarted as soon as it began. The process of price accumulation itself helps the coin gain control over its market. As a result, the market only dropped slightly below the $0.0000260 demand level. The price has since recovered and even risen higher with consecutive bullish candlesticks.

Lucky Block Market Prediction: LBLOCK/USD Anticipation

LBLOCKUSD’s market is diligently accumulating prices as it anticipates a potential rally. Last week, sellers momentarily gained momentum, attempting to push the market further downward.

However, bearish efforts were quickly quelled. The ongoing process of price accumulation contributes to the coin’s market stability, preventing any substantial drop.

Consecutive bullish candlesticks show a solid recovery from a slight dip below the $0.0000260 demand level.

LBLOCK/USD Medium-Term Trend: Bullish (4-hours chart)

The Parabolic SAR (Stop and Reverse) indicator remains unchanged, reflecting the limited range of the price drop. However, the Stochastic Oscillator lines are responding to the recovery, ascending above the middle line. On the 4-hour chart, the Parabolic SAR dots, which previously alternated around the candlesticks, have now positioned themselves below the candles.

The Stochastic Oscillator lines have reached overbought territory, applying pressure to break through this level. The market is expected to surge towards $0.0000360, aiming to breach this resistance before making further upward advances. This indicates a potential rally for LBLOCKUSD shortly.

How To Buy Lucky Block

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