Lucky Block Market Prediction: LBLOCKUSD To Pull in More Investors From a Lower Level

Azeez Mustapha

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Lucky Block Market Prediction: January 24

The Lucky Block market prediction is for the price to slide down to a lower price level around $0.0000360 in order to pull in more investments for a potential rally.

LBLOCK/USD Long-Term Trend: Bullish (1-Day Chart)

Key Levels:
Supply Zones: $0.0000880, $0.0000600
Demand Zones: $0.0000470, $0.0000360

Lucky Block Market Prediction: LBLOCKUSD To Pull in More Investors From a Lower Level

LBLOCKUSD is approaching a major demand level at $0.0000360. Since the price hit the strong resistance level at $0.0000800, the market has generally been plunging. The coin is now looking to bring in more investors at a lower level. At the moment, LBLOCKUSD is approaching $0.0000360; this is looking likely to be the level where the market will gain more investors and embark on the potential rally.

Lucky Block Market Prediction: LBLOCK/USD Anticipation

LBLOCKUSD is approaching a significant demand level at $0.0000360, aiming to attract more investors from a lower point.

Following resistance encountered at $0.0000800, the market has experienced a general downward trend.

The current strategy involves luring investors in at the approaching level of $0.0000360, potentially paving the way for a subsequent rally.

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

On the daily chart, Parabolic SAR dots are consistently positioned above the candlesticks since the rejection at $0.0000800, indicating a sustained decline in price. The Elders Force Index (EFI) has notably descended from a higher position to below the zero level. Despite this, the power line continues to fluctuate just beneath the zero level.

Lucky Block Market Prediction: LBLOCKUSD To Pull in More Investors From a Lower Level

Examining the 4-hour chart, the majority of Parabolic SAR dots remain above the candlesticks, with occasional alternations below them. The EFI indicator illustrates a recovery from a substantial plunge but remains below the zero level, fluctuating just beneath it. The market appears poised to reach $0.0000360, providing an opportunity for increased investment in the market.

For more crypto news, updates, and signals, learn more here.

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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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