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Lucky Block Market Prediction – October 11
The Lucky Block market prediction is for the market to gather enough momentum to surge upward, potentially revisiting the $0.0000880 level.
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 keeps accumulating into the new week. The price accumulation is a result of the volatile plunge in the market price. This resulted in the coin reaching its lowest point ever. The aim of the coin is now to allow more buyers into the market at the current price. This is expected to help the market regain the right momentum for a rally back toward the $0.0000880 significant level.
Lucky Block Market Prediction: LBLOCK/USD Anticipation
As the new week continues, the Lucky Block market continues to accumulate. This accumulation phase has been instigated by the considerable price volatility that led to the coin’s descent to its all-time low.
The primary objective now is to attract more buyers into the market at its current price point. This strategic move is expected to help the market regain the necessary momentum for a rally toward the significant level of $0.0000880.
The Parabolic SAR (Stop and Reverse) dots are currently positioned above the daily candlesticks, reflecting the impact of the market’s recent descent.
LBLOCK/USD Medium-Term Trend: Bullish (4-hours chart)
Meanwhile, the MACD (Moving Average Convergence Divergence) indicator shows its lines deeply in the negative range, although they have crossed upward. Upon examining the 4-hour chart, it becomes evident that the price is stabilizing around the $0.0000260 key level. As a result, the Parabolic SAR dots alternate near the 4-hour candles.
Concurrently, the MACD lines on the 4-hour timeframe have moved closer to the zero line, and although they come with accompanying bullish histogram bars, they are presently trending laterally. Anticipations point to LBLOCK surging upward, potentially revisiting the $0.0000880 level.
How To Buy Lucky Block
Note: Learn2.trade is not a financial advisor. Do your research before investing your funds in any financial asset or presented product or event. We are not responsible for your investing results.
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