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Lucky Block Market Prediction: August 4
The Lucky Block market prediction is for the market to keep strengthening in consolidation, after which it is expected to breach the resistance levels.
LBLOCK/USD Long-Term Trend: Bullish (1-Day Chart)
Key Levels:
Supply Zones: $0.0001990, $0.0001420, $0.0001250
Demand Zones: $0.0000880, $0.0000720, $0.0000360
Lucky Block continues its persistent effort to surpass the $0.0001420 resistance level. The candlesticks have maintained a prolonged push against this barrier, albeit with limited success. Consequently, a process of increased accumulation is underway in the market. This accumulation serves to provide buyers with the necessary momentum, which, in turn, positions them to facilitate a robust upsurge capable of breaching existing barriers.
Lucky Block Market Prediction: LBLOCK/USD Anticipation
LBLOCK’s persistent effort to breach the $0.0001420 resistance level has yielded ongoing candlestick pressure, fostering heightened market accumulation.
This accumulation, in turn, is poised to empower buyers with the requisite momentum for a forceful breakthrough, surmounting existing barriers.
The RSI (Relative Strength Index) indicator line exhibits fluctuations around the pivotal 50 mark, poised for an upward exploration once the coin achieves a breakout.
LBLOCK/USD Medium-Term Trend: Bullish (4-hour chart)
The EMA period 35 (Exponential Moving Average) adeptly aligns itself amidst the candlesticks, mirroring the prolonged phase of price accumulation. On the 4-hour chart, the EMA period 35 line, like that daily chart also mirrors the lateral course of the market, sliding through it.
Meanwhile, the RSI continues to oscillate around the central line, anticipating a defined and affirmative trajectory, which notably appears to be upward. Forecasts for LBLOCKUSD indicate a potent ascent towards the $0.0001420 resistance, further reinforcing its upward trajectory.
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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