Lucky Block Market Prediction: LBLOCKUSD Re-Aligns with Rising Trendline

Lucky Block Market Prediction: November 16

The Lucky Block market prediction is for the market to follow the rising trendline through to reaching the $0.0000360 resistance and breaching it.

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 quickly overcame a blip that saw it dip slightly below its current $0.0000260 support level. Having ascended above the support level, the price began moving along a rising trendline, primed to reach the $0.0000360 resistance. However, after a while, the bulls could not sustain the gradual rise and resorted to a lateral movement along the support level. Nevertheless, the bulls have been triggered and have aligned again with the rising trendline, primed to reach $0.0000360.

Lucky Block Market Prediction: LBLOCK/USD Anticipation

LBLOCKUSD has successfully rebounded from a minor setback that briefly dipped below its established $0.0000260 support level. Following this recovery, the price trajectory has realigned with an upward-trending line.

Despite a temporary hiatus in the bullish momentum, leading to lateral movement along the support level, the current market sentiment indicates a renewed bullish surge.

Once again, the price is synchronizing with the ascending trendline, aiming for $0.0000360. Examining the daily chart, the Moving Average (MA Cross) maintains a lateral trajectory amid the daily candlesticks.

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

Notably, the Stochastic Oscillator lines have promptly responded to the recent realignment, surging towards the overbought zone. In a shorter timeframe, the MA Cross lines have dynamically adjusted to the emerging uptrend, crossing upward.

Concurrently, the Stochastic Oscillator lines in the shorter timeframe are poised to enter the overbought region. These indicators collectively suggest a positive outlook for LBLOCK, anticipating a rise that could breach the $0.0000360 resistance level in the near term.

How To Buy Lucky Block

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