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Lucky Block Market Prediction: October 27
The Lucky Block market prediction is for the coin to come to the end of its range-bound phase, leading to a price surge.
LBLOCK/USD Long-Term Trend: Bullish (1-Day Chart)
Key Levels:
Supply Zones: $0.0000880, $0.0000360
Demand Zones: $0.0000260, $0.0000200
LBLOCKUSD is forecast to reach the end of its range of people shorts as the market begins to make inviting thrusts upward towards $0.0000360. The first goal is to rise beyond the consolidation resistance level and then aim to regain its trading position at $0.0000880. This is coming, especially after the price slightly drops below the $0.0000260 demand level where the market is anchored. This shows more activity on the part of the buyers to prevent unexpected drops.
Lucky Block Market Prediction: LBLOCK/USD Anticipation
LBLOCKUSD is anticipated to exit its range-bound phase as the market shows upward momentum, targeting the $0.0000360 level.
The primary objective is to surpass the consolidation resistance to re-establish a trading position at $0.0000880.
This scenario is unfolding, especially following a slight price dip below the $0.0000260 demand level where the market currently finds support. There is increased buyer activity to avert unexpected downturns.
LBLOCK/USD Medium-Term Trend: Bullish (4-hours chart)
The 25-period Moving Average (MA) has dipped below the most recent candlestick patterns, acting as potential support for an upward market push. Meanwhile, the Momentum indicator remains relatively steady after an earlier ascent, suggesting that bullish forces are gearing up for a potential rally.
On the 4-hour chart, the 25-period MA is closely aligned with the candlesticks, directing them toward the $0.0000360 resistance level. Additionally, the Momentum indicator in this shorter timeframe has gained further momentum. In summary, all indications point towards a potential breakout beyond the $0.0000360 resistance, with an ultimate target of $0.0000880.
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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