Lucky Block Price Forecast: LBLOCKUSD is Ranging at the Moment

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
The 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.
On 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

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