Lucky Block Market Prediction: LBLOCK Reaches $0.0001990 Resistance Level: What’s Next?

Azeez Mustapha

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Lucky Block Market Prediction: April 20

The Lucky Block market prediction is for the bulls to start pumping the market higher after they breach the $0.0001990 level.

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 Reaches $0.0001990 Resistance Level: What's Next?

The Lucky Block market has managed to breach the $0.0001990 key level after some time below the resistance level. A long wick has formed, which pierces several levels upward. The coin is expected to stabilize itself above the level before pumping further higher.

Lucky Block Market Prediction: LBLOCK/USD Anticipation

Lucky Block is on the verge of a long-awaited breakthrough to bypass the $0.0001990 resistance level. The coin is on a definite uptrend and is set to continue in this direction.

The challenge that the coin is facing in rising above the $0.0001990 resistance level is a constant feature of its upward trend, having previously faced resistance at $0.0001620 and $0.0001250 on its way up.

After a period below $0.0001990, the coin has now breached the level and is looking to stabilize before pumping much more. On the daily chart, a single dot of the Parabolic SAR (Stop and Reverse) has appeared under the latest candle.

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

The MACD (Moving Average Convergence Divergence) chart on the 4-hour chart shows a strongly bullish market. The MACD lines are floating high and above the positive value. Miniature bearish histogram bars have formed due to the delay the market has been having in ranging below the $0.0001990 resistance level.

Lucky Block Market Prediction: LBLOCK Reaches $0.0001990 Resistance Level: What's Next?

On the 4-hour chart, more Parabolic SAR dots have piled below the candlesticks as a sign of a change in direction. The MACD lines on this time frame, which have dipped below the zero level, are already pushing to move into positive values, and some bullish histogram bars are now visible. The coin will be looking to stabilize above $0.0001990 before pushing toward $0.0002740.

How To Buy Lucky Block

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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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