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Lucky Block Price Forecast: November 30
The Lucky Block price forecast is for the market to build on its upward intrusive move as it keeps oscillating upward in a channel.
LBLOCK/USD Long-Term Trend: Bullish (1-Day Chart)
Key Levels:
Supply Zones: $0.0000880, $0.0000360
Demand Zones: $0.0000260, $0.0000200
Lucky Block is expected to build on its upthrust from the lower border of its parallel channel. Essentially, the market is still ranging through an upward-incline parallel channel. A bearish cycle has just been concluded and is being followed by a market rise, which is spearheaded by a big bullish candlestick. This lifts the price into the upper half of the parallel channel, and the cycle continues as the price keeps rising.
Lucky Block Price Forecast: LBLOCK/USD Outlook
Lucky Block is poised to extend its upward momentum, originating from the lower border of the parallel channel.
The market continues to oscillate within an ascending parallel channel, with a recently concluded bearish cycle giving way to a prominent market rise led by a substantial bullish candlestick.
This surge elevates the price into the upper half of the parallel channel, perpetuating the ongoing upward cycle.
LBLOCK/USD Medium-Term Trend: Bullish (4-hour chart)
Daily candlesticks exhibit a sharp thrust, surpassing the upper Bollinger Band. The daily Relative Strength Index (RSI) line, maintaining a steady ascent, has surged beyond the 50 mark, signaling an expectation for sustained upward momentum.
On the 4-hour chart, candles have retraced within the confines of the Bollinger Bands, yet they retain a position above the middle line, indicating a tendency to rise further. The RSI indicator also upholds a bullish stance, residing in the upper half of its chart. The trajectory suggests that Lucky Block is anticipated to accumulate more bullish candles, propelling it higher in the 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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