Lucky Block Recovers Above an Important Support Level


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Price movements in the LBLOCK/USDT market are recovering above major support of $0.0001450. And, going by this move we may be in for more upside price gyrations in this market.

BLOCK: November 25th, 2022
LBLOCK Value: $0.0001453
Market Capitalization for Lucky Block: $0.514 million
LBLOCK Flowing Supply: —-
Lucky Block Total Supply: 3.65 billion
Lucky Block Ranking on Coinmarketcap: #4568

Important Price Levels:
Resistance: $0.0001453, $0.0001483, $0.0001530
Support: $0.0001433, $0.0001413, $0.0001387

LBLOCK Price Prediction: Lucky Block Is Actively Rising Upwards

On the four hours market, Lucky Block’s price has remained consistent with upward gains from the previous session till now. More Interestingly, price movements have reached beyond the MA line of the Bollinger band. As a result, this has further increased the chances of price action going higher. At the same time, the moving average convergence divergence indicator is now taking an upside bearing. By implication this indicates that the current market trend is gaining upward momentum. As a result, price action in this market may go higher.

Lucky Block Price Prediction: Lucky Block Recovers Above an Important Support Level

LBLOCK Price Prediction: Lucky Block Upward Price Move Remains Consistent

Coming the hourly market price action in the LBLOCK/USDT market stays consistent with gains. The price candle for this session still stands in favor of buyers. Also, with that price action move closer to finding support at higher price levels. Furthermore, the MACD indicator lines are now about to deliver more upside hopes, as they come together for a bullish crossover. Eventually, when this occurs, we may see LBLOCK price rising past $0.0001500 price level shortly.

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