Lucky Block Market Prediction: LBLOCKUSD Slightly Edges Above $0.0000600

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Lucky Block Market Prediction – December 22

The Lucky Block market prediction is for the price to build on its modest ascent above the $0.0000600 to restart a rally.

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 struggling to get above the $0.0000600 supply zone for a while and has now slightly edged above it with some steady bullish persistence. The market was supposedly in a price accumulation, but may be indicating an early breakout. If the buyers are able to maintain their level above the $0.0000600 key level into Christmas and beyond, then they can be said to have evaded the consolidation to start again towards the $0.0000880 resistance.

Lucky Block Market Prediction: LBLOCK/USD Anticipation

LBLOCKUSD has managed a modest ascent above the $0.0000600 supply zone, overcoming its prolonged struggle with persistent bullish efforts.

While initially perceived as a phase of price accumulation, there are indications of a potential early breakout.

Sustaining levels above the critical $0.0000600 mark through the Christmas period and beyond would signify a successful avoidance of consolidation, paving the way towards the $0.0000880 resistance.

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

The Moving Average period 24 (MA) on the daily chart acts as a reinforcing bullish support, facilitating the price’s advancement past the $0.0000600 resistance. The Moving Average Convergence Divergence (MACD) continues to reflect bullish influence, with its lines positioned notably above the zero level, albeit trending downward.
Examining the lower timeframe, the market has traded above the MA period 24, slightly surpassing the $0.0000600 resistance. Although the MACD lines have dipped below zero, their current upward trend, accompanied by bullish histogram bars, suggests a resurgence of bullish momentum.

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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