Lucky Block Market Prediction: Lucky Block Bulls are Looking Forward to Spring off

Azeez Mustapha


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Lucky Block Market Prediction – December 29th

The Lucky Block market prediction is for a price to spring off the $0.0000470 demand level as bulls remain alert.

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: Lucky Block Bulls are Looking Forward to Spring offLucky Block is currently trading close to the $0.0000470 demand level. At this point, the market buyers and sellers are locked in a tussle. This means there is no clear direction for the market. The coin is therefore inclined to range between the current demand level and the $0.0000600 resistance level till the market forces push the market potentially in an upward direction.

Lucky Block Market Prediction: LBLOCK/USD Anticipation

Lucky Block is currently positioned in proximity to the $0.0000470 demand level, engrossed in a competitive struggle between buyers and sellers.

This impasse indicates a lack of clear market direction, leading the coin to likely range between the existing demand level and the $0.0000600 resistance level.

This price accumulation is likely to persist until the prevailing market forces potentially drive an upward trajectory.

LBLOCK/USD Medium-Term Trend: Bullish (4-Hours Chart)

Examining the daily chart, the Momentum indicator underscores that since the market encountered rejection at the $0.0000880 supply level, momentum has markedly decreased into negative territory. Additionally, the Moving Average period 14 (MA) is situated above the daily candlesticks, a consequence of the rejection dynamics.
Lucky Block Market Prediction: Lucky Block Bulls are Looking Forward to Spring offIn the 4-hour timeframe, the price exhibits a lift-off from the demand level, accompanied by a noteworthy surge in the Momentum indicator into positive territory. The market is on the verge of trading above the MA period 14, striving to reach the $0.0000600 consolidation resistance level.

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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