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Lucky Block Price Forecast: January 15
The Lucky Block price forecast is for the market to put pressure on the $0.0000470 resistance level till it breaks through to the $0.0000600 key level.
LBLOCK/USD Long-Term Trend: Bullish (1-Day Chart)
Key Levels:
Supply Zones: $0.0000600, $0.0000880, $0.0001100
Demand Zones: $0.0000470, $0.0000360, $0.0000260
Lucky Block is now laying a siege below the $0.0000470 former support level. The sellers had taken advantage of the price consolidation to push the price lower. Nevertheless, the buyers became alert to prevent a free slide and upheld the price below the $0.0000470 resistance level. Momentum is building, and it is anticipated that a breakout will push the price directly to the $0.0000600 resistance level.
Lucky Block Price Forecast: LBLOCK/USD Outlook
Lucky Block is consolidating and laying a siege below the former support level of $0.0000470.
This comes after sellers capitalized on the triangle accumulation to drive prices lower. However, buyers intervened to prevent a significant slide, holding the price just beneath the $0.0000470 resistance level.
Now, momentum is building, and an anticipated breakout could propel the price toward the $0.0000600 resistance level.
LBLOCK/USD Medium-Term Trend: Bullish (4-hour chart)
The MA period 20 (Moving Average) on the daily chart positions itself directly above the candlesticks, signifying that the price needs to trade above it to demonstrate a bullish intent. Meanwhile, the MACD (Moving Average Convergence Divergence) lines have dipped below the zero level, accompanied by bearish histogram bars.
On the 4-hour chart, the MA period 20 has descended from the triangle structure, situating itself directly above the 4-hour candlesticks. The MACD lines, having dropped significantly below the zero level, are now showing signs of an upward cross, accompanied by bullish histogram bars. LBLOCKUSD appears to be consolidating below $0.0000470, preparing for a potential breakthrough of resistance levels towards higher prices.
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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