Lucky Block Market Prediction: The LBLOCK Price Forms Bullish Asymmetric Pattern

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Lucky Block Market Prediction: December 8

The Lucky Block market prediction is that as consolidation continues, there is hope for a bullish reversal as the market forms a new asymmetric triangle pattern.

LBLOCK/USD Long-Term Trend: Bullish (4-hour Chart)

Key Levels:
Zones of supply: $0.00015550, $0.0001670, $0.00017830
Zones of Demand: $0.00016670, $0.0001570, $0.0001990, $0.00013320

From the $0.000150 price level, the price of LBLOCKUSD increased significantly to reach its current peak before descending into a range. The market has been fluctuating between $0.000178 and $0.000167 since the LBLOCK price reached a high of $0.0001780 early in the month.

Lucky Block Market Prediction: LBLOCK/USD Anticipation

Recently, the market moved beneath the range levels to force a return to a bullish order. This move is an effort to attract additional consumers who are looking to buy at a price dip.

A new bullish takeover is being signaled by the Stochastic Oscillator indicator, which reveals that LBLOCK is already moving in an oversold direction.

The Relative Strength Index’s indicator makes it clear that the market is moving toward an oversold point. Soon as the price returns to the consolidation zone, a bullish takeover should be expected.

On the other hand, the True Strength Index lines have crossed below the indicator’s signal line. This accurately depicts the activity of recent market sellers. The bulls must now reclaim their positions in the Lucky Block market because sellers have been forced into an oversold area as the indicator signal.

LBLOCK/USD Medium-Term Trend: Bullish (1-hour chart)

The LBLOCKUSD price continues to fluctuate along these upper-restriction price levels on the hourly chart. The Stochastic Oscillator lines, however, have crossed the midline, indicating that the bulls have returned to the market.

The RSI signal shows that the market is currently in an unfavorable position for more sales. It is expected that the market will soon return to significant price levels. At that point, the price will certainly reach the current price ceiling.

How To Buy Lucky Block

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