Lucky Block Market Prediction: April 11
The Lucky Block market prediction is for the coin to push upward given the structure being put in place by the buy-traders.
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 buyers are already orchestrating how the market can be pushed higher to continue its current uptrend. The market has a clear trend, and the coin will keep rising in that trend. The price is expected to spike upward soon and break the resistance on its way to making another higher low.
Lucky Block Market Prediction: LBLOCK/USD Anticipation
Despite the current and previous retracements in the market, Lucky Block is still on an upward trend. This is because the coin keeps making higher lows.
What can be noticed each time the price pulls back is that it first settles at a key level, and then from there, it begins to punch its weight. Most times, when it does this, it sets up a trendline along which it pushes upward.
This time around, the price is ascending with the aid of a rising trendline and putting pressure on the $0.0001990 resistance. The MA Cross (Moving Average) is still following its upward cross from March 21st.
LBLOCK/USD Medium-Term Trend: Bullish (4-hour chart)
The ATR (Average True Range) indicator shows there have been wild swings of volatility in the market. When the volatility surged suddenly, the price broke through the resistance levels and rose very high. The volatility then dropped during the retracement periods. The pattern suggests it is time for another volatility spike.
The ATR indicator on the 4-hour chart shows that the steep dive in volatility has come to an end as the volatility is now almost moving laterally. This also confirms that we can expect a surge in volatility soon. Meanwhile, the MA Cross is about to make another upward cross to assure us of the continued upward trend. When the price breaks out, it will immediately target $0.0002210.
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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