Lucky Block Market Prediction: LBLOCK to Break Consolidation with $0.0001990 Breach

Lucky Block Market Prediction: April 25

The Lucky Block market prediction is for the bulls to step out of the ranging movement by forcing themselves through the $0.0001990 resistance 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 is anticipated to round up its long-drawn consolidation by breaching the $0.0001990 resistance level. The bulls are becoming more and more aggressive, and this can be seen in the use of long wicks that pierce through the resistance levels. When the breakout succeeds, the coin is expected to surge upward toward the $0.0002600 key level.

Lucky Block Market Prediction: LBLOCK/USD Anticipation

The Lucky Block market is set to step out of a long-drawn consolidation by breaching the $0.0001990 string resistance level. The market has been trapped below this resistance, with $0.0001690 acting as support.

The agitation of the bulls to exit the consolidation is very palpable. Even though the price has thus far been defended at the resistance level, the price keeps testing the level even more than the support line.

Notable are the long wicks with which the candles have repeatedly pierced the resistance level. The MA period 25 (Moving Average) is aligned more to support the candles from below until they break out.

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

The MACD (Moving Average Convergence Divergence) indicator depicts a bullish market on the 1-day chart. The MACD lines are flowing in the positive region above the zero line. Meanwhile, there are bearish histogram bars on display. The divergence is a result of the current price accumulation.

The market consolidation shows the bulls having the upper hand on the daily chart. However, the bears seem to dominate in the 4-hour time frame. The MA period 25 is lying above its candlesticks, while the MACD lines are flowing in the negative half but are accompanied by small bullish histogram bars. These are signs of consolidation, but the momentum is with the bulls for a breakout toward $0.0002600.

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.