Lucky Block Market Expectation: LBLOCK Approaching $0.0001990 Resistance Level

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Lucky Block Market Expectation: April 10

The Lucky Block market expectation is for the coin to keep knocking against the $0.0001990 resistance level till it finds a weak point to pass through.

LBLOCK/USD Long-Term Trend: Bullish (1-Day Chart)

Key Levels:

Supply Zones: $0.0002980, $0.0001990, $0.0001880

Demand Zones: $0.0001570, $0.0001420, $0.0001250

Lucky Block is expected to make more upward movements soon as it keeps knocking against the $0.0001990 resistance level. The market is seen to have a trend of surging up, retracing, accumulating, and then surging upward to retrace to a higher level, and so on. This is expected to help the coin rise above the current resistance of $0.0001990.

Lucky Block Price Expectation: LBLOCK/USD Outlook 

Lucky Block, thus far, has had a trend of accumulating at a key level before taking a strong leap. Afterward, the market retraces to a lower high point, where it accumulates for the next leap.

Currently, the price has held and retraces back to the $0.0001690 demand level. The market is now accumulating above the level and knocking continuously against the resistance above it.

The market is expected to find a point of weakness whereby it will drive past the resistance. The MA period 20 (Moving Average) is well aligned below the candles, showing a continuous uptrend.

LBLOCK/USD Medium-Term Trend: Bullish (4-hour chart) 

The RSI (Relative Strength Index) on the daily chart also shows the progression in the market. Since the days when the price pulled back from below its triangle structure and surged up, the RSI has been on the ascent, jumping from the oversold border to above the middle line.

The MA period 20 line is also stationed below the 4-hour candlesticks to aid it as it seeks to rise above the $0.0001990 resistance. Meanwhile, the RSI line on the 4-hour chart is hanging around the middle line. This shows that while bearish pressure persists, buyers are active and working in the background. They are expected to force through $0.0001990 and eventually reach up to $0.0002210.

How To Buy Lucky Block

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