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Lucky Block Market Prediction: April 4
The Lucky Block market prediction is for the price to push above the $0.0001990 significant level, where the buyers will gain more traction.
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 currently under the control of the buy traders. However, due to the amount of strength expended in pushing the price high, a retracement has occurred. We are now at the end of the retracement, and the coin is seeing signs of establishing itself above the significant level of $0.0001990, where it will be able to gain more traction to push toward $0.0002980.
Lucky Block Market Prediction: LBLOCK/USD Outlook
The LBLOCK market is slowly carrying out the agenda of the bulls. The market has now managed to overturn the price in favor of the bulls using a triangle structure that led to a breakout.
The price rose highly the first time, and though it needed a pullback for buyers to regain their strength, the price stabilized at a higher level. From there, the bulls struck again to drive the price higher.
The MA period 25 (Moving Average) is firmly stationed below the daily candlesticks, showing the current bullish dominance in the market.
LBLOCK/USD Medium-Term Trend: Bullish (4-hour chart)
The MACD (Moving Average Convergence Divergence) lines of the daily chart have moved at a sharp angle to rise above the zero level. The histogram bars are all bullish and long on the daily chart. The retracement, however, has an impact on the lower time frame. While the MACD lines remain above equilibrium, the histogram bars are bearish.
The current retracement also sees the 4-hour candlesticks drop marginally below the Moving Average period 25. Nevertheless, the bulls are in control, and the aim is to push hard above the MA and above the $0.0001990 level, where bulls will gain even more traction. From there, we can expect LBLOCK to rise to $0.0002980.
How To Buy Lucky Block
Note: Learn2.trade is not a financial advisor. Do your research before investing your funds in any financial asset or presented product or event. We are not responsible for your investing results.
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