Lucky Block Market Expectation: Lucky Block Market Shows Bullish Momentum

Azeez Mustapha

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Lucky Block Market Expectation: April 25

The Lucky Block market expectation is for the coin to keep amassing bullish candles to surpass the $0.0000360 significant level.

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

Key Levels:
Zones of Supply: $0.0000600, $0.0000470
Zones of Demand: $0.0000260, $0.0000360

Lucky Block Market Expectation: Lucky Block Market Shows Bullish Momentum

Lucky Block is all bullish at the moment. The price finally rose off the $0.0000260 demand zone on the 20th of April. Since then, there has been an accumulation of bullish candlesticks as the coin marches towards the next significant level. By yesterday, the 24th of April, the price even spiked beyond the next level at $0.0000360 before correcting itself back below it. The buyers are enthusiastic to reach higher but will have to maintain a gradual climb.

Lucky Block Price Anticipation: LBLOCK/USD Outlook

The Lucky Block market currently exhibits strong bullish sentiment. On April 20th, the price successfully rebounded from the $0.0000260 demand zone.

Since then, crypto signals have indicated an accumulation of bullish candlesticks, propelling the coin toward its next significant resistance level.

By April 24th, the price even surpassed the $0.0000360 mark momentarily before retracing slightly below it. While buyers are eager for further gains, a gradual ascent is crucial to sustaining the upward trajectory.

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

The daily chart’s Momentum indicator highlights a gentle yet consistent increase in momentum. Concurrently, the RSI (Relative Strength Index) has transitioned from sideways movement along the oversold boundary to a sharp upward trajectory, surpassing the 50-mark. This indicates a strengthening bullish sentiment.

Lucky Block Market Expectation: Lucky Block Market Shows Bullish Momentum

On the 4-hour timeframe, the bullish trend continues, albeit with some volatility. The Momentum indicator shows a wavering upward movement, while the RSI oscillates as it approaches the overbought territory. With the bullish momentum accumulated during consolidation, Lucky Block is anticipated to maintain its upward trajectory.

How To Buy Lucky Block

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

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Azeez Mustapha

Azeez Mustapha is a trading professional, currency analyst, signals strategist, and funds manager with over ten years of experience within the financial field. As a blogger and finance author, he helps investors understand complex financial concepts, improve their investing skills, and learn how to manage their money.

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