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Lucky Block Market Prediction: November 20
The Lucky Block market prediction is for the price to continue with its undulating upward movement through a parallel channel to the resistance level.
LBLOCK/USD Long-Term Trend: Bullish (1-Day Chart)
Key Levels::
Supply Zones: $0.0000880, $0.0000360
Demand Zones: $0.0000260, $0.0000200
Lucky Block is following and is seen cranking upward through a parallel channel. Since the price slipped below the current demand level of $0.0000260, the bulls have been making a concerted effort, not only to lift the market back upward but also to maintain a consistent bullish move. This has been done through the use of an up-trending parallel channel, and so far the price has been cranking upward through it.
Lucky Block Market Prediction: LBLOCK/USD Anticipation
LBLOCKUSD is exhibiting an upward trend within a parallel channel, with the Lucky Block market demonstrating a concerted effort to rebound after slipping below the current demand level of $0.0000260.
This bullish momentum is sustained through an up-trending parallel channel, contributing to a consistent upward movement in the price.
Observing the daily chart, the market’s trading level has ascended above the Moving Average period 24 (MA).
LBLOCK/USD Medium-Term Trend: Bullish (4-hours chart)
The price trading above the Moving Average period 25 indicates a potential further rise towards the upper half of the channel. The Relative Strength Index (RSI) aligns with this upward trend, showing a progression from an oversold position to reaching the middle line.
Examining the 4-hour chart, the price has marginally dropped below the MA period 25, while the RSI hovers around the 50 mark, signaling an inclination for further upward movement. Anticipated efforts in the Lucky Block market suggest a continued push towards entering the upper half of the parallel channel as the upward trend persists.
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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