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Lucky Block Price Forecast: February 9
The Lucky Block price forecast is for the market to kickstart an intense upward surge after it breaks loose from the bearish trend and the triangle consolidation.
LBLOCK/USD Long-Term Trend: Bullish (1-Day Chart)
Key Levels:
Supply Zones: $0.0000600, $0.0000880, $0.00004700
Demand Zones: $0.0000200, $0.0000260, $0.0000360
Lucky Block has just broken through the triangle consolidation to the upside. Buyers and investors can use this to ride the market to a higher price level. This is because there is much potential for Lucky Block to drive very high due to the time it has been subjected to a descending market and the triangle consolidation.
Lucky Block Price Forecast: LBLOCK/USD Outlook
Lucky Block has recently breached the upside of the triangle consolidation, presenting a favorable opportunity.
Buyers and investors can now capitalize on potential upward movements to higher price levels.
The extended duration of its exposure to a descending market and the triangle consolidation suggest considerable upside potential for Lucky Block.
LBLOCK/USD Medium-Term Trend: Bullish (4-hour chart)
Examining the daily timeframe reveals candlesticks striving to ascend above the MA period 20 (Moving Average), confirming the initiation of a new bullish trend. Although the RSI (Relative Strength Index) indicator predominantly remains below the 50 mark, a pronounced upward turn brings it close to surpassing this threshold.
On the 4-hour timeframe, the market demonstrates solid trading above the MA period 20, utilizing it to support its upward trajectory. Additionally, the RSI line has surged beyond the 50 mark, entering the overbought zone. This confirmation of the lower timeframe signals a bullish trend. Crypto signals are now aligning, directing investors and buyers toward the opportunity to ride the price upwards, potentially reaching $0.0000600.
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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