Lucky Block Market Prediction: LBLOCK Poised to Exploit Weakness in Resistance Levels

Lucky Block Market Prediction: April 26

The Lucky Block market prediction is for the coin to find and exploit points of weakness in the resistance to an increase in price.

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

Key Levels:
Supply Zones: $0.0002980, $0.0001990
Demand Zones: $0.0001570, $0.0001420

Lucky Block is poised to find and exploit every area of weakness in the market’s resistance to drive the price higher. The bulls are agitated to break out of the consolidation to which the market is confined for several days throughout April. The latest move sees a long wick pierce through the resistance level.

Lucky Block Market Prediction: LBLOCK/USD Anticipation

Lucky Block remains confined within consolidation below the $0.0001990 supply level. The market, which has a consistent upward trend, is being held back by the equally strong supply level.

The buyers will be pushing their limits to ensure they violate the resistance level and maintain the rising trend of the market. The plan is to keep testing the resistance until they find a point of weakness to exploit.

The latest effort from the coin sees a long wick pierce through the resistance, but the market is rebuffed again. The alignment of the Parabolic SAR (Stop and Reverse) dots below the candles shows the bulls are still on course to achieve their aim.

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

The times the coin almost broke through the $0.0001990 resistance were when the market volatility rose high, as seen on the ATR (Average True Range) indicator. For this attempt, there was a slight increase in volatility, and further increases will be needed to exploit the resistance level.

On the 4-hour chart, the Parabolic SAR (Stop and Reverse) dots have appeared above the candlesticks due to the inability of the market to capitalize on its long wick to hold above the resistance. Like on the daily chart, there is a little jerk in the volatility, as shown by the ATR indicator. Bulls will look to exploit the resistance to get the price up to $0.0002740.

How To Buy Lucky Block

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