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Lucky Block Market Prediction: January 25
The Lucky Block market prediction is for buyers to take advantage of the price oscillation above $0.0000360 to push the market back up.
LBLOCK/USD Long-Term Trend: Bullish (1-Day Chart)
Key Levels:
Supply Zones: $0.0000880, $0.0001100, $0.0000600
Demand Zones: $0.0000470, $0.0000360, $0.0000260
Lucky Block is currently oscillating just above the $0.0000360 significant level in anticipation of a potential rally. The coin had earlier been trading above 0.0000470 but seeing there is no major progress, the market adopted a triangle structure to guide the price direction. However, the bears used the same formation to push the price downward towards $0.0000360. The bulls mounted a recovery to stop further dip and are also trying to revive the market. This has resulted in ongoing price fluctuations, creating the potential for an upcoming rally.
Lucky Block Market Prediction: LBLOCK/USD Anticipation
Lucky Block is currently hovering just above the significant level of $0.0000360, poised for a potential rally. Despite earlier trading above $0.0000470, and in the absence of significant progress, the market adopted a triangle structure to provide direction to the price.
However, bears exploited this formation, driving the price downward towards $0.0000360. In response, bulls initiated a recovery to prevent further decline and are actively working to revive the market.
This ongoing scenario has resulted in price fluctuations, setting the stage for a potential upcoming rally, as suggested by crypto signals.
LBLOCK/USD Medium-Term Trend: Bullish (4-hours chart)
The substantial price drop on January 10th has pushed the market to trade below the Moving Average period 50 (MA). Crypto signals, particularly from the Moving Average Convergence Divergence (MACD), indicate a downward trend, with the MACD crossing downward and trending sideways, accompanied by bearish histogram bars. Investors are seizing the opportunity to enter the market at a lower price point.
In the 4-hour timeframe chart, the market has dipped below the zero level, continuing its downward slide. However, there appears to be a stop of bearish pressure, indicated by the MACD ranging around the zero level on the 4-hour timeframe. This suggests a potential stabilization in the market, as revealed by crypto signals.
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How to buy Lucky Block
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