Lucky Block Market Prediction: LBLOCK Attempts to Break $0.0001990 Resistance Again

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Lucky Block Market Prediction: April 7

The Lucky Block market prediction is for the coin to have another go at the $0.0001990 resistance level to violate it and push higher.

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

Key Levels:

Zones of supply: $0.0002890, $0.0001880, $0.0001620

Zones of Demand: $0.0001420, $0.0001200, $0.0001250

Lucky Block is in the process of pushing high again like it has done two previous times. However, the $0.0001990 remains a key resistance to the upward flow of the market. The coin is having another go at breaching this key level and increasing the level of the market.

Lucky Block Market Prediction: LBLOCK/USD Anticipation

Lucky Block eventually rose very high on the 18th of March after it was confined for long periods. Nevertheless, the buyers weakened as the price rose more than 200% to reach $0.0003366.

We, therefore, see a retracement in the market to $0.0001420. Also, after a period of ranging, the price took off again, breaking barriers to rise 100% and almost reaching $0.0002980.

Again, a retracement has occurred to $0.0001690. The coin is trying to make another attempt to bypass $0.0001990 and rise higher. The MA period 20 (Moving Average) is acting as support for the candles.

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

The MACD (Moving Average Convergence Divergence) chart has its lines rising high into positive values. The Histogram bars accompanying it are strong and bullish on the daily chart. This shows that buyers are not deterred by the heavy retracement but are gunning to do more and more.

On the 4-hour chart, the MA above the candles will need to be breached if the price will get to $0.0001990 and also slide through it. Meanwhile, the MACD lines on the 4-hour chart have made a golden cross upward and are set to rise above the zero level to indicate bullishness. The price will attempt to break through $0.0001990 to reach $0.0002980.

How To Buy Lucky Block

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