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Lucky Block Price Forecast: October 25
The Lucky Block price forecast is for the market to keep edging upward until the buyers build the needed momentum for a surge.
LBLOCK/USD Long-Term Trend: Bullish (1-Day Chart)
Key Levels:
Supply Zones: $0.0000880, $0.0000360
Demand Zones: $0.0000260, $0.0000200
The Lucky Block market is presently recording another day of price consolidation. The coin retains high anticipation of a surge as the bulls continue to work in the background. A scare of bearish exploitation was put to bed with a swift recovery back above the $0.0000260 significant level. LBLOCK is expected to surge higher soon.
Lucky Block Price Forecast: LBLOCK/USD Outlook
The Lucky Block market continues to display consolidation in its price action. However, the market is filled with anticipation of an impending surge as the bulls actively operate behind the scenes.
Despite concerns of a potential bearish downturn, the market swiftly rebounded above the critical $0.0000260 level. This suggests that LBLOCK is poised for an upcoming price surge.
The Parabolic SAR (Stop and Reverse) is positioned above the candles, primarily due to the prior downward movement, but has now switched below it.
LBLOCK/USD Medium-Term Trend: Bullish (4-hour chart)
The MACD lines (Moving Average Convergence Divergence) have undergone a bullish crossover and are edging closer to the zero level. On the 4-hour chart, the MACD lines have advanced above the zero level, accompanied by prominent bullish histogram bars.
As for the Parabolic SAR dots, the dots are below the candlesticks rather than above them. This is because much bullish movement is being recorded in the short time frame.
The market continues its phase of price accumulation in eager anticipation of an imminent price surge. This reaffirms the positive sentiment within the LBLOCK market.
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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