Lucky Block Market Prediction: The LBLOCK/USD Price Will Return Stronger After Acquiring More Support Level Entrants

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Lucky Block Market Prediction: November 30

The Lucky Block market prediction is that the price of the LBLOCK will return stronger, acquiring more entries at the $0.0001990 support level.

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

Key Levels:
Zones of supply: $0.0001670, $0.0001760, $0.0002500
Zones of Demand: $0.0001570, $0.0001990, $0.0001330

Lucky Block Market Prediction: The LBLOCK/USD Price Will Return Stronger After Acquiring More Support Level Entrants

The LBLOCKUSD market moved to retest the closest and strongest support for most of October and the early days of this month. This is, however, in a bid to get more buy entries that will fuel the bullish train LBLOCK recently initiated.

Lucky Block Market Prediction: LBLOCK/USD Anticipation

The Relative Strength Index indicator signals that the coin is currently in a range after returning from an overbought zone. The indicator’s lines remain above the signal line in the middle, confirming the bullish position of the market despite the market’s retest motive.

The Parabolic SAR (Stop and Reverse) indicators insinuate a bullish market, as the signal dots underline the LBLOCKUSD bullish candles. This shows the market’s strength in reversing back toward the initial uptrend.

The Moving Average period 9 line is also suspended below the LBLOCK candles. This implies that the market is robust enough to support the price’s upward motion.

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

The Relative Strength Index indicates that the market is currently at a consolidation point. Buyers and sellers are caught up in a bustle, but this scuffle remains within the bulls’ territory.

Lucky Block Market Prediction: The LBLOCK/USD Price Will Return Stronger After Acquiring More Support Level Entrants

The Moving Average and Parabolic SAR, however, remain lined up below the candles in line with the current uptrend. From the retest of the closest support, enough traction is expected to be generated with the entrance of more buyers, which will return the price to the upper-level restriction zone.

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.