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LBLOCK Price Prediction: Lucky Block Is Regaining Traction

LBLOCK Price Prediction: Lucky Block Is Regaining Traction
LBLOCK Price Prediction: Lucky Block Is Regaining Traction

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LBLOCK has displayed an impressive performance for some time now which has been rewarding to buyers. Nevertheless, a headwind was triggered and this crypto had to fight it. At this point, it appears as if Lucky Block is gradually regaining its footing, and price movements seem prepared to rise.

LBLOCK: November 9th, 2022
LBLOCK’s Value: $0.0002013
Market Capitalization for Lucky Block: $0.80 million
LBLOCK Flowing Supply: —–
Total Supply of LBLOCK: 3.65 billion
Lucky Block Coinmarketcap Rank: #3912

Key Price Marks:
Ceiling Levels: $0.0002013, $0.0002033, $0.0002053
Base Levels: $0.0002000, $0.0001980, $0.0001960

LBLOCK Price Prediction: Lucky Block Is Regaining Traction

Lucky Block Price Prediction: LBLOCK Is Preparing Another Lucrative Market Move

The LBLOCK/USD four hours market chart displays that price action is triggering buy orders near a notable level. Looking at the Fibonacci retracement tool we can easily spot a hammer-candlesticks, appearing right off the 78.60 Fibonacci level most recently. Considering this, it seems traders have placed some buy orders at this level, and we may continue to witness more buying at this point. Consequently, this will result in the price going further upwards. Additionally, the Stochastic RSI lines are now converged for a bullish reversal in the oversold region. This further affirms that price action may correct upwards from the above-tested Fibonacci level.

LBLOCK Price Prediction: Lucky Block Is Regaining Traction

Lucky Block Price Prediction: Price Increase Strengthens in LBLOCK Market

On the LBLOCK 1-hour price candles here appears to be changing direction from their downward path to a gradual upward path. We can see here that the last few candles are more bullish, and with the help of the last candlestick, price is now moving toward the MA line. Furthermore, the RSI has taken to an upside direction to indicate the gradual return of strength to the LBLOCK market. From this activity displayed on the LBLOCK market, we can perceive that price action is already regaining strength. Consequently, buying now may bring significant gains.

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