Lucky Block Market Prediction: Lucky Block is on the Path to Recovery

Lucky Block Market Prediction: November 1

The Lucky Block market prediction is for the market to continue on its path of receiving by building up from the $0.0000260 resistance level.

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

Key Levels:
Supply Zones: $0.0000880, $0.0000360
Demand Zones: $0.0000260, $0.0000200

LBLOCK pulled back into the $0.0000260 demand level and is set to spring off toward its consolidation resistance level at $0.0000360 in order to violate it. The recovery process has begun presently and a bullish candlestick is already building for the day. The overall outcome of this prolonged price accumulation is a surge back towards the $0.0000880 level.

Lucky Block Market Prediction: LBLOCK/USD Anticipation

LBLOCK has undergone a retracement, settling at the $0.0000260 demand level, as it prepares to spring back towards its consolidation resistance at $0.0000360, aiming to break through it.

The recovery process is underway, evident in forming a bullish candlestick for the day. This extended period of price accumulation is expected to culminate in a market upsurge towards the $0.0000880 level.

Analyzing the daily chart, the Elders Force Index (EFI) power line has only slightly dipped below the zero level, signaling an imminent rise above it.

Market Expectations

Simultaneously, the Relative Strength Index (RSI) line briefly touched the border of the oversold region and is poised for an upward rebound. On the 4-hour chart, the RSI has mirrored its counterpart on the daily chart by rebounding from the oversold border.

The EFI power line has initiated a reversal, reaching the equilibrium line, with the potential for further upward movement. These developments underscore the ongoing recovery process in LBLOCKUSD as it endeavors to breach the $0.0000360 resistance level, indicating an optimistic outlook for the coin’s price trajectory.

How To Buy Lucky Block

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