Lucky Block Market Prediction: LBLOCK Builds Pressure on Resistance Level

Lucky Block Market Prediction: April 12

The Lucky Block market prediction is for the buyers to keep applying pressure upward until they breach the 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

The Lucky Block market is on an uptrend, and the buyers are keen to keep the price rising. Therefore, the market is piling upward pressure against the $0.0001990 resistance level. This process is still ongoing, and the buyer traders remain very optimistic. 

Lucky Block Market Prediction: LBLOCK/USD Anticipation

Lucky Block started the year by accumulating its price through a triangle structure. The market has now broken out of that structure, which has given buyers momentum.

The price has since been on the increase, pushing back the pressure and systemically rising higher and higher above the key levels. The coin is currently above $0.0001690 and trying to push upward.

The $0.0001990 is the level at which the price is being limited. The coin is now applying upward pressure against it. The Stochastic lines are fluctuating below the 50 mark, waiting to push beyond it.

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

On the daily chart, the middle line of the Bollinger Bands is aiding the ascension of the daily candles and acts as an extra layer of support for the market. The 4-hour chart shows that the latest candle has fallen back to the trendline and also the lower Bollinger Band. Buyers are still in control nonetheless.

The fall of the latest candle back to the rising trendline has also caused the Stochastic Oscillator lines on the 4-hour chart to drop back below the 50 mark after struggling to rise above it. The market is still very much in the view of the buyers, and more pressure is expected to be placed against the resistance level until it breaks out toward $0.0002210.

How To Buy Lucky Block

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