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Lucky Block Price Anticipation: December 1
The Lucky Block price anticipation is for the market to get its anticipated rally in the coming weeks due to the bullish groundwork already in place.
LBLOCK/USD Long-Term Trend: Bullish (1-Day Chart)
Key Levels:
Zones of supply: $0.0002890, $0.0001880
Zones of Demand: $0.0001420, $0.0001200
Lucky Block could get the anticipated breakout in December due to the significant progress that has been made over the past few weeks. The bearish cycle has ended, and a bullish one is about to take place. The price is on the verge of rising to the upper half of the ascending channel, and the bulls are converging once more. It is expected that the Lucky Block may just get the anticipated rally.
Lucky Block Market Prediction: LBLOCK/USD Anticipation
Lucky Block anticipates a breakthrough in December following substantial progress in recent weeks. The conclusion of a bearish cycle signals an imminent bullish phase, positioning the price to ascend to the upper half of the ascending channel.
Bulls are converging once again, heightening expectations for the anticipated rally. The positive momentum, marked by the end of the bearish cycle, suggests a favorable outlook for LBLOCK.
This sets the stage for potential upward momentum and a breakthrough for Lucky Block within its ascending channel. Notable for the market is that it has traded above the MA period 30 (Moving Average) on the daily chart.
LBLOCK/USD Medium-Term Trend: Bullish (1-hour chart)
The MACD (Moving Average Convergence Divergence) indicator has a long line-up of bullish histogram bars accompanying the smooth and steady rise of its line. This shows that the market orientation is bullish despite the slow and sometimes ranging movement. In the 4-hour timeframe, the commencement of the bullish cycle has also lifted the market above the MA period 30.
Also, this upward movement of the market sees the MACD lines push above the zero level with big histogram bars in this timeframe. However, there is a pullback, which has resulted in bearish histogram bars, but the MACD lines remain above zero. Overall, the price is poised for its anticipated rally to $0.00006000 this December.
How To Buy Lucky Block
Note: Learn2.trade is not a financial advisor. Do your research before investing your funds in any financial asset, product, or event. We are not responsible for your investment results.
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