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Lucky Block Market Prediction: October 26
The Lucky Block market prediction is for the price to keep making steady progress towards breaking the $0.0000360 resistance level.
LBLOCK/USD Long-Term Trend: Bullish (1-Day Chart)
Key Levels:
Supply Zones: $0.0001250, $0.0000880
Demand Zones: $0.0000360, $0.0000200
The Lucky Block market is anticipated to end its prolonged consolidation soon enough as it takes some strides toward the $0.0000360 resistance level. Since the coin slipped slightly below the current $0.0000260 support level, the buyers have been more active, stringing together some upward moves with consecutive bullish candles toward the $0.0000360 consolidation resistance. It is a matter of time before the coin surges out of this consolidation.
Lucky Block Market Prediction: LBLOCK/USD Anticipation
Lucky Block’s market is showing signs of breaking out of its prolonged consolidation phase as it steadily advances toward the $0.0000360 resistance level.
Following a slight dip below the current support level of $0.0000260, active buyers have initiated a series of upward movements, forming consecutive bullish candles in their quest to breach the $0.0000360 consolidation resistance.
It’s only a matter of time before the coin breaks free from this consolidation. The consistent upward momentum in its price has also led the coin to trade above the 25-period Moving Average (MA), marking a significant bullish move.
Market Expectations
Furthermore, according to the Elder’s Force Index (EFI) on the daily chart, the power line has entered positive territory, reinforcing the bullish sentiment. A closer look at the 4-hour chart reveals additional positive indicators, with MA period 25 acting as strong support for the rising candlesticks.
The EFI power line has surged well above the zero level. These factors suggest that LBLOCKUSD is poised to continue its ascent until it successfully breaches the consolidation resistance and surges toward the $0.0000880 mark.
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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