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Lucky Block Price Forecast: October 6
The Lucky Block price forecast is for the market to keep edging closer to the $0.0000360 significant level, from which there is potential for a rally.
LBLOCK/USD Long-Term Trend: Bullish (1-Day Chart)
Key Levels:
Supply Zones: $0.0001250, $0.0000880
Demand Zones: $0.0000360, $0.0000200
Though taking gradual steps, the Lucky Block market edges closer and closer to the $0.0000360 resistance level. This resistance level is pivotal to the next direction in the market and is most likely to the upside. Already, the gradual upward movement of the coin presupposes that the market is beginning to gain investments from that position.
Lucky Block Price Forecast: LBLOCK/USD Outlook
The LBLOCK price is steadily inching closer to the critical $0.0000360 resistance level, albeit with cautious steps.
This resistance level holds significant importance as it is expected to pave the way for an upward trajectory in the market.
The gradual upward movement of the coin suggests that it is accumulating investments from this position. On the daily chart, the 25-period Moving Average (MA) continues to hover above the candlesticks due to the price decline from $0.0000880.
LBLOCK/USD Medium-Term Trend: Bullish (4-hour chart)
However, the Momentum indicator on the daily chart exhibits a substantial upward surge, indicating underlying progress within the market. Transitioning to the shorter timeframe, the 25-period MA has descended and is currently providing support beneath the 4-hour candlesticks and the coin’s present trading level.
Simultaneously, the Momentum indicator has risen and maintains a lateral movement in the 4-hour timeframe. The market anticipates a move to breach the $0.0000360 level in the coming days, likely driving the price higher.
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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