Lucky Block Market Prediction: The LBLOCK Price Is Currently in an Upward Motion

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Lucky Block Market Prediction: December 26

The Lucky Block market prediction is for the price to keep making an upward movement after bouncing off a lower price level at $0.0001570.

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

Key Levels:
Zones of supply: $0002980, $0.0002460, $0.0002150
Zones of Demand: $0.0001880 $0.0001570 $0.0001360

Lucky Block Market Prediction: The LBLOCK Price Is Currently in an Upward Motion

LBLOCK dropped to a discount level to allow the intake of more investors. At the current time, the price is recoiling upward after having bounced off the offer support zone around $0.0001570. The immediate aim will be to re-establish the market above the $0.0001990 level and then surge at the $0.0002980 resistance level with newfound enthusiasm. There is still an opportunity for more buyers to join in as the price keeps rising.

Lucky Block Market Prediction: LBLOCK/USD Anticipation

LBLOCKUSD spent several days above the $0.0001990 support level, and because it did not easily breach the resistance level at $0.0002980, the market switched its method.

The price, therefore, slipped below the support level down to its former demand zone around $0.0001570. The bearish move was always likely to spark a bullish reaction, which it did.

The market is already on the rise, with consecutive bullish candles on the daily chart. The EFI (Elders Force Index) line on the daily chart has reacted to the upturn with a sharp upward bend of its line from below the zero level.

LBLOCK/USD Medium-Term Trend: Bullish (4-hour chart)

The Parabolic SAR (Stop and Reverse) dots on the daily chart are yet unaffected by the upturn in the market and still hang above the daily candlesticks. But this is quite different from the 4-hour chart; the 4-hour Parabolic SAR has quickly aligned below the market in response to the upturn in the market. This is expected to eventually affect the daily chart as well.

Lucky Block Market Prediction: The LBLOCK Price Is Currently in an Upward Motion

The EFI line has risen much higher on the 4-hour chart. Only it is still negative, oscillating just below the middle line. This, however, shows much progress being made in the market by the buyers. There is still an opportunity for more buyers to hop on the market as it keeps rising to get back above $0.0001990.

How To Buy Lucky Block

NoteLearn2.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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Azeez Mustapha

Azeez Mustapha is a trading professional, currency analyst, signals strategist, and funds manager with over ten years of experience within the financial field. As a blogger and finance author, he helps investors understand complex financial concepts, improve their investing skills, and learn how to manage their money.