Lucky Block Market Prediction: LBLOCKUSD Slightly Edges Above $0.0000600

Azeez Mustapha


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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 Market Prediction: LBLOCKUSD Slightly Edges Above $0.0000600Lucky 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.
Lucky Block Market Prediction: LBLOCKUSD Slightly Edges Above $0.0000600Examining 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 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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Azeez Mustapha

Azeez Mustapha is a trading professional, currency analyst, signals strategist, and funds manager with over ten years of experience within the financial field. As a blogger and finance author, he helps investors understand complex financial concepts, improve their investing skills, and learn how to manage their money.

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