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Lucky Block Price Forecast: December 26
The Lucky Block price forecast is for the market to remain in a short consolidation to attract investors for a potential rally beyond $0.0000880.
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 remains trapped below the $0.0000600 resistance level. The $0.0000490 resistance level is also acting as the support level for the market. The bulls are using the price accumulation opportunity to get more investors on board for a potential breakout and rally to the $0.0000880 resistance level.
Lucky Block Price Forecast: LBLOCK/USD Outlook
Lucky Block remains confined beneath the formidable $0.0000600 resistance level, with $0.0000490 serving as a crucial support level.
Utilizing the current phase of price accumulation, bullish forces are actively seeking to attract additional investors.
The addition of more investors is expected to lead to a breakthrough that could propel the market toward the $0.0000880 resistance level.
LBLOCK/USD Medium-Term Trend: Bullish (4-hour chart)
Examining the daily chart, the Bollinger Bands continue to envelop the entire market, spanning from the point of rejection at $0.0000880 down to the origin of the initial price rally. Simultaneously, the Elders Force Index (EFI) power line has descended below the zero level in response to the market’s descent towards the support level.
On the 4-hour timeframe chart, the Bollinger Bands tighten around the candlesticks, indicative of an ongoing period of price accumulation. The EFI power line has dipped significantly below zero, but a notable upward turn is currently underway. Bulls are actively enticing investors, aiming to propel the market beyond the $0.0000880 threshold in the near term.
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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