Lucky Block Market Expectation: LBLOCK Expected to Surge Following Consolidation Period

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RESULTS

Lucky Block Market Expectation: April 24

The Lucky Block market expectation is a price surge after prolonged accumulation.

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 still seeking to bypass the $0.0001990 resistance level. The candlesticks have been pushing against the level for a while, without much success. This resulted in more accumulation for the market. This will allow buyers to store enough Momentum by which they can then have a strong upsurge that will break the barriers.

Lucky Block Price Expectation: LBLOCK/USD Outlook

The buyers still have the upper hand in the market. Recently, the price scaled through some resistance levels and is set to bypass the $0.0001990 supply line.

However, the coin could not make a timely breakout beyond $0.0001990. This has inevitably led to a prolonged accumulation, with the buyers able to store more momentum.

A strong price surge is expected when the coin eventually breaks out. On the RSI (Relative Strength Index) indicator chart, its line is right above the 50 mark, waiting for more freedom to explore higher by the breakout of the coin.

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

The MA period 35 (Moving Average) is still stationed below the daily candlesticks as price accumulation is prolonged but the line is already edging towards the middle of the daily candlesticks. This is already the situation in the 4-hour timeframe.

The RSI, likewise on the daily chart has dropped slightly from sitting above the 50 mark. Instead, the line can be seen fluctuating around that middle line in anticipation of the defined and definite direction, most likely to be upward. LBLOCKUSD is expected to rise strongly towards $0.0002980.

How To Buy Lucky Block

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