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Lucky Block Market Prediction: December 14
The Lucky Block market prediction is for the price to reach back towards the $0.0000880 supply after violating $0.0000600.
LBLOCK/USD Long-Term Trend: Bullish (1-Day Chart)
Key Levels:
Supply Zones: $0.0000880, $0.0001100
Demand Zones: $0.0000600, $0.0000360
Lucky Block has been able to break the $0.0000600 barrier with persistence and minimal effort. The coin surged strongly upward after several days of consolidation, but the price was rejected at the major $0.0000880 resistance level. This made the market spiral down below $0.0000600. The bulls are set to continue their push, and they have now evaded the $0.0000600 barrier with minimal effort.
Lucky Block Market Prediction: LBLOCK/USD Anticipation
LBLOCKUSD successfully breaches the $0.0000600 barrier, demonstrating resilience and minimal exertion.
Following a robust upward surge after a consolidation period, the coin encountered resistance at the significant $0.0000880 level, leading to a retracement below $0.0000600.
However, the bulls, displaying determination, have now overcome the $0.0000600 barrier with relative ease.
LBLOCK/USD Medium-Term Trend: Bullish (4-hours chart)
Current indicators favor a bullish scenario. Despite the pullback, the price maintains an overall upward trajectory in alignment with the ascending MA Cross (Moving Average). Swift recovery above $0.0000600 is poised to sustain this upward movement. The MACD (Moving Average Convergence Divergence) lines have surged significantly above the zero level, accompanied by bullish histogram bars.
On the 4-hour chart, the MA Cross initially trended downward, but with the breakthrough of the resistance level, a renewed upward cross signals a shift back in favor of the bulls. Additionally, the MACD lines, having previously dipped below the zero level, now exhibit an upward cross, with bullish histogram bars accumulating. The odds are in favor of the bulls, anticipating a rise toward the $0.0000880 resistance level.
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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