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LCID stock price has been consolidating after slipping from the $8.41 recovery level, and prepares for rebound.
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Lucid stock may surge to reach the $10 recovery level, says analysts from a crypto firm.
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Lucid Group Inc (NASDAQ: LCID) shares have gained 26.90% in a month.
LCID stock price may rebound from the consolidation phase to reach the $10 recovery level, according to analysts. Lucid share price must accumulate buyers during Tuesday’s trading session to surge towards the primary resistance level of $8.10 over the chart.
If LCID share price manages to rebound from the horizontal range-bound area, then Lucid stock must register its breakout from the $8.12 primary resistance level to reach the $10 mark. However, sellers may approach the trade to short Lucid shares in between.
LCID stock price was at $7.17 and has gained 4.37% of its market capitalization during Monday’s trading session. Trading volume was below average and n
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