Lucky Block Market Prediction: LBLOCK Is Moving Laterally; Ready to Surge

Lucky Block Market Prediction: April 8

The Lucky Block market prediction is for the price to take off towards the $0.0000360 significant level after a short period of lateral trading.

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

Key Levels:
Supply Zones: $0.0000470, $0.0000360
Demand Zones: $0.0000360, $0.0000260

Lucky Block is now moving laterally in preparation for a surge. The market sentiment remains bullish despite the seeming downtrend. The price failed to rally above the $0.0000360 support level and decided to attract buyers at a lower support level of $0.0000260. However, the market is already receiving loads of investment, so much so that it is now moving laterally before reaching $0.0000260, ready for the anticipated surge at this point.

Lucky Block Market Prediction: LBLOCK/USD Anticipation

Lucky Block is currently exhibiting a lateral movement, hinting at an imminent surge. Despite the apparent downtrend, the overall market sentiment remains bullish.

After failing to rally above the $0.0000360 support level, the coin shifted its strategy to attract buyers at the $0.0000260 support level.

Interestingly, the market has garnered significant investment, causing it to consolidate laterally even before reaching the $0.0000260 mark, signalling readiness for a potential surge.

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

Since its rejection from $0.0000750, the Parabolic SAR (Stop and Reverse) has consistently remained above the daily candlesticks. The only deviation occurred during an attempted rally from $0.0000360, which was short-lived, leading the dots to return above the candles. Meanwhile, the Relative Strength Index (RSI) has descended to the bearish half of its chart. Currently, it is moving laterally above the oversold border, poised to be triggered upward by bullish momentum.

On the 4-hour timeframe, with the price oscillating between the key levels of $0.0000360 and $0.0000260, the Parabolic SAR dots alternate around the candles, confirming the ongoing lateral movement. The RSI line, similarly, after descending into bearish territory, fluctuates robustly between the oversold border and the 50-mark. Crypto signals suggest that it is expected that the lateral phase will be short-lived before a potential price surge. Traders are advised to remain vigilant and ready to act.

How to buy Lucky Block

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