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Lucky Block Price Forecast: September 25
The Lucky Block price forecast is for the market to accumulate more investment at its record low price, by which point it will rise to breach supply levels
LBLOCK/USD Long-Term Trend: Bullish (1-Day Chart)
Key Levels:
Supply Zones: $0.0001250, $0.0000880
Demand Zones: $0.0000360, $0.0000200
LBLOCK launched a series of attempts to break through the several resistances above the market. The $0.0001250 in particular has been quite impervious. The market needing more firepower to push through these supply lines has dropped severally to the $0.0000880 demand level and has dropped further to a record low of around $0.0000360. This is to enable many more investors to enter the market at a low price. The bullish potential of the coin remains intact nonetheless.
Lucky Block Price Forecast: LBLOCK/USD Outlook
LBLOCK has made persistent efforts to break through multiple resistances in the market, notably the formidable $0.0001250 level.
In response to the need for increased buying power to overcome these supply barriers, the price has retraced multiple times to the $0.0000880 demand level, recently reaching a record low near $0.0000360.
This strategic drop aims to attract more investors with favorable entry points, while the coin’s bullish potential remains undiminished.
LBLOCK/USD Medium-Term Trend: Bullish (4-hour chart)
On the daily chart, the Stochastic oscillator has consistently hovered near the oversold boundary and has now dipped further into oversold territory. Additionally, the Elders Force Index (EFI) power line, previously balancing near equilibrium, has experienced a significant decline due to the price decrease.
The indicators on the 4-hour chart mirror those on the daily chart, with the Stochastic retracing near the oversold border and the EFI plummeting. The price is exhibiting potential reversal candlestick patterns, signaling an imminent upward movement, with expectations set on a robust recovery above $0.0000880 shortly.
How To Buy Lucky Block
Note: Learn2.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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