Lucky Block Price Forecast: LBLOCKUSD is Ranging at the Moment

Azeez Mustapha


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Lucky Block Price Forecast: December 25

The Lucky Block price forecast is for the bulls to take advantage of the present market accumulation to regroup for a rally.

LBLOCK/USD Long-Term Trend: Bullish (1-Day Chart)

Key Levels-
Supply Zones: $0.0000880, $0.0001100
Demand Zones: $0.0000600, $0.0000360
Lucky Block Price Forecast: LBLOCKUSD is ranging at the momentThe Lucky Block market is currently ranging as buyers hold back in forcing an upward move. This comes after the market faced rejection consistently from the $0.0000880 resistance level. Hence the bulls are seeing out the market in a ranging movement, hoping to gather momentum probably in the new year.

Lucky Block Price Forecast: LBLOCK/USD Outlook

LBLOCKUSD is presently in a ranging phase, marked by a restrained upward push as buyers exercise caution.

This cautious approach follows consistent rejections encountered at the $0.0000880 resistance level.

This promoted the bulls to navigate the market through a ranging movement with the expectation of building momentum, possibly in the new year.

LBLOCK/USD Medium-Term Trend: Bullish (4-hour chart)

The consequence of this ranging movement manifests in a dwindling market momentum, evident in the downward trajectory of the Momentum indicator. The Parabolic SAR dots are positioned above the daily candlesticks, signaling a somewhat downward trend.
Lucky Block Price Forecast: LBLOCKUSD is ranging at the momentOn the 4-hour chart, market momentum maintains a sideways trend as the price engages in ranging near the significant $0.0000600 level. The 4-hour candlesticks also exhibit a continuous alignment of Parabolic SAR dots above, indicating a cautious stance. Bulls are utilizing this period to regroup, preparing for a potential rally in the early part of the upcoming year.

How To Buy Lucky Block 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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Azeez Mustapha

Azeez Mustapha is a trading professional, currency analyst, signals strategist, and funds manager with over ten years of experience within the financial field. As a blogger and finance author, he helps investors understand complex financial concepts, improve their investing skills, and learn how to manage their money.

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