Lucky Block Market Prediction: April 18
The Lucky Block market prediction is for the price to complete its breakout after pushing to the limits of the market’s resistance
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 on the brink of replicating its signature spike, as it has done since March. The market is strongly bullish, and there is high anticipation that the coin will spike upward again and violate the $0.0001990 resistance level.
Lucky Block Market Prediction: LBLOCK/USD Anticipation
The Lucky Block market is strongly bullish because it started the year ranging through a triangle structure. The coin has since been following a trend of upward movement.
The sellers are still present in the market, though, and they are trying to suppress the price increase. This is the reason the coin tends to spike upward at each point of increase.
The market is in a position to spike upward again after several days of accumulating below the $0.0001990 resistance. The MA period 20 (Moving Average) is underlining the daily candles and acting as a propelling force in the battle to break through.
LBLOCK/USD Medium-Term Trend: Bullish (4-hour chart)
The MACD (Moving Average Convergence Divergence) indicator shows a strongly bullish market on the daily chart. The lines are well above the zero line. We only have miniature bearish histogram bars currently due to the ranging of the price below the $0.0001990 resistance level.
The bullish nature of the market is also reflected in the short 4-hour time frame. The MA period 20 is still underlining the candlesticks and pushing them upward. The MACD chart is just like that of the daily timeframe, but this time the bullish histogram bars have reappeared to show that the price has pushed further upward and is on the brink of a breakout. The breakout should lead it toward $0.0002980.
How To Buy Lucky Block
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