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Lucky Block Market Prediction: November 6
The Lucky Block market prediction is for the market to keep sustaining its price accumulation momentum until it leads to a breakout.
LBLOCK/USD Long-Term Trend: Bullish (1-Day Chart)
Key Levels:
Supply Zones: $0.0000880, $0.0000360
Demand Zones: $0.0000260, $0.0000200
The Lucky Block market is still in its accumulation phase as the second week of November starts. The goal remains the same. Firstly, for the market to prevent any further plunge in its price. Secondly, the coin has the objective of attracting a lot of investment, which will in turn spark the anticipated rally back to the $0.0000880 supply line. Lucky Block is currently on course to achieve that.
Lucky Block Market Prediction: LBLOCK/USD Anticipation
Lucky Block (LBLOCKUSD) continues its strategic journey in the accumulation phase as the second week of November unfolds.
The market maintains two primary objectives: to shield itself from further price declines and to magnetize increased investment, thereby igniting the much-anticipated rally toward the $0.0000880 supply line.
Lucky Block remains resolutely on course to realize these aspirations. Analyzing the daily chart, the candlesticks have encountered some resistance in challenging the 30-period Moving Average (MA) and persistently trading below it.
LBLOCK/USD Medium-Term Trend: Bullish (4-hours chart)
Concurrently, the Stochastic Oscillator lines have yet to ascend from the oversold territory, signifying the sustained nature of the price accumulation process. Transitioning to the 4-hour timeframe, the candlesticks have effectively transcended MA period 30.
Likewise, the Stochastic Oscillator lines have rebounded from the oversold threshold and advanced beyond the midpoint. These developments within the shorter timeframe indicate constructive progress within the accumulation phase.
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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