Lucky Block Market Prediction: LBLOCK Pushes Against the Resistance at $0.0001990

Azeez Mustapha

Updated:

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Lucky Block Market Prediction: April 17

The Lucky Block market prediction is for the price to keep pushing against the $0.0001990 resistance till it finds a way through it.

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 Market Prediction: LBLOCK Pushes Against the $0.0001990 Resistance 

Lucky Block is looking to make the next jump from the current level, as it has done in previous times. The $0.0001990 level is the resistance above the market. The candlesticks can be seen to be continuously pushing against this resistance with the hope of making another jump that will establish the price above $0.0002210.

Lucky Block Market Prediction: LBLOCK/USD Anticipation

The Lucky Block market is on the rise. The price is seen to jump and then settle at a higher low. Each time the coin pushes against the resistance level and violates it, it rises to the next level.

The first occurrence of this was on March 19, when the price rose to settle at $0.0001420. The second occurrence on April 1 pushed the price above the $0.0001690 key level.

The coin is now in another position to push upward from $0.0001690, having spent about two weeks at this level. All odds are in the buyers’ favor as the EFI (Elders Force Index) power line remains above zero.

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

On the daily chart, since the first occurrence of the price jump happened in mid-March, the MA Cross (Moving Average) has since crossed upward, and the market has been obedient to the signal. The lines are about to cross upward once more to give assurance of the continuous uptrend.

Lucky Block Market Prediction: LBLOCK Pushes Against the $0.0001990 Resistance 

The 4-hour chart gives a closer view of what is happening close to the resistance level. The candles can be seen continually haggling over the resistance level, trying to find a way out. As a result, the EFI power line is rising and dropping below the zero level, and the MA Cross is unable to give specific directions. Hence, we will lean on the bullish direction of the daily chart. A breakout will take the price above $0.002210.

How To Buy Lucky Block

NoteLearn2.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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Azeez Mustapha

Azeez Mustapha is a trading professional, currency analyst, signals strategist, and funds manager with over ten years of experience within the financial field. As a blogger and finance author, he helps investors understand complex financial concepts, improve their investing skills, and learn how to manage their money.

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