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Lucky Block Price Forecast – January 31
Lucky Block price continues to solidify its bullish stance as buyers aim for a significant level of $0.00002000.
Lucky Block Long Term Trend: Bullish (Daily Chart) Key Levels
Support Levels: $0.00001500, $0.00001250, $0.00001340
Recent price movements indicate a major intention from buyers, particularly after a determined effort to hold above the $0.00001250 key level. Following this struggle, buyers successfully broke out of the previous range. There it came with a notable spike past the $0.00001560 resistance area.
Lucky Block Price Forecast – LBLOCKUSD Outlook
The Bollinger Band indicator reflects a strong bullish intention, suggesting that buyers are gearing up for further upward movement. The widening of the bands indicates increased volatility, a sign that the market may experience significant price action later.
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The short-term outlook shows increasing market volatility, with buyers gaining strength backed by the positive signals from the Momentum indicator. As the price recently hit the $0.00002000 key level, traders are optimistic about continuing their upward trajectory.
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Traders are closely monitoring the Bollinger Band for any reactions in the coming days. This could provide insights into whether the bullish momentum can be sustained. Should buyers manage to hold above the $0.00002000 level, it could pave the way for further gains.
Lucky Block Medium Term Trend: Bullish (4-hour Chart)
On the 4-hour chart, the bullish sentiment remains strong. The effort displayed by buyers has led to a clear breakout, and the current price action supports the notion of continued upward movement.
If buyers can maintain their position above the recent highs, they are likely to target the next resistance level. It could lead to an even more substantial rally as market sentiment shifts in favor of the bulls.
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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