Lucky Block Market Prediction: April 13
The Lucky Block market prediction is for the buyers to keep pushing against the resistance level after it recovers from a bearish scare.
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 have maintained their grip on the market’s trajectory as they push to ensure the price rises beyond the weekly resistance at $0.0001990. This is very likely to occur given the trend of the market since the beginning of the year. It is expected that the coin will spike upward before settling at a higher price level.
Lucky Block Market Prediction: LBLOCK/USD Anticipation
The Lucky Block market is on the rise. The price has been observed to maintain its upward trajectory by first spiking each time before settling at a higher price level.
The coin is about to make use of the same pattern of upward movement from the $0.0001690 significant level. Like in previous times, there is a resistance that needs to be breached at $0.0001990.
The coin has thus been putting pressure on the resistance level using a rising trendline. The middle line of the Bollinger Band is below the daily candles and acts as further support.
LBLOCK/USD Medium-Term Trend: Bullish (4-hour chart)
The EFI (Elders Force Index) on the daily chart demonstrates the dominance of the buy-side in the market. Despite the coin still being limited below the $0.0001990 resistance, the EFI maintains its positive value in its daily chart. However, in the 4-hour timeframe, the power line has dropped to an equilibrium level as the price seeks to force its way upward.
The Bollinger Bands have squeezed in between the rising trendline and the $0.0001990 resistance level as the price keeps accumulating therein. The bulls maintain their grip on the market’s trajectory, and it is anticipated that sooner or later, the coin will spike beyond the weekly resistance level toward $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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