Lucky Block Market Expectation: LBLOCK Approaching $0.0001990 Resistance Level
Login

Lucky Block Market Expectation: LBLOCK Approaching $0.0001990 Resistance Level

Estimated Reading Time: 3 minutes
Article Rating:
Based on 1 vote
Login to rate this article.

Azeez Mustapha

Updated:

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 Market Expectation: LBLOCK Approaching $0.0001990 Resistance Level

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.

Lucky Block Market Expectation: LBLOCK Approaching $0.0001990 Resistance Level

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

NoteLearn2.trade is not a financial advisor. Do your research before investing your funds in any financial asset or presented product or event. We are not responsible for your investing results.

  • Broker
  • Benefits
  • Min Deposit
  • Score
  • Visit Broker
  • Award-winning Cryptocurrency trading platform
  • $100 minimum deposit,
  • FCA & Cysec regulated
$100 Min Deposit
9.8
  • 20% welcome bonus of upto $10,000
  • Minimum deposit $100
  • Verify your account before the bonus is credited
$100 Min Deposit
9
  • Over 100 different financial products
  • Invest from as little as $10
  • Same-day withdrawal is possible
$250 Min Deposit
9.8
  • The Lowest Trading Costs
  • 50% Welcome Bonus
  • Award-winning 24 Hour Support
$50 Min Deposit
9
  • Fund Moneta Markets account with a minimum of $250
  • Opt in using the form to claim your 50% deposit bonus
$250 Min Deposit
9

Learn to Trade

Never Miss A Trade Again

step 1
Signal Notification

Real-time signal notifications whenever a signal is opened, closes or Updated

step 2
Get Alerts

Immediate alerts to your email and mobile phone.

step 3
Entry Price Levels

Entry price level for every signal Just choose one of our Top Brokers in the list above to get all this free.

Share with other traders!

telegram
Telegram
forex
Forex
crypto
Crypto
algo
Algo
news
News