Lucky Block Market Prediction: LBLOCK/USD Bulls Are Strengthening Below $0.00336565

Updated:

Lucky Block Market Prediction – April 5

The Lucky Block market prediction is for the coin to accumulate strength to breach the $0.00336565 resistance level and reach higher heights.


LBLOCK/USD Long-Term Trend: Bullish (30-Minute Chart)

Key Levels:
Supply Zones: $0.00474100, $0.00336565
Demand Zones: $0.00264600, $0.00134480
Lucky Block Market Prediction: LBLOCK/USD Bulls Are Strengthening Below $0.00336565LBLOCK/USD has broken free of its prolonged trip through a bearish channel. As Lblock rose to the next resistance level at $0.00336565, the first reaction was a rejection. A second intense trial paved the way for the market. However, the coin fails to build on this breakthrough and slumps right back below $0.00336565. The market is now strengthening again to violate the resistance level.


Lucky Block Market Prediction: LBLOCK/USD Anticipation

As pointed out previously, though the market has been caged in a bearish conduit, the bulls are working actively behind the scenes. This was evident in the intermittent upsurge towards the upper border.

The market finally broke out on the 3rd of April and rose to the $0.00336565 resistance level, which also presents as a barrier. LBlock didn’t build on an initial violation and is not strengthening for another.

The 30-minute Stochastic Oscillator indicator has its lines dropped into oversold status, which means we can expect an imminent price rise.


LBLOCK/USD Medium-Term Trend: Bullish (5-minute chart)

The 5-minute chart shows the price embarking on a long sideways movement below the $0.00336565 resistance level. This instead points to a strengthening of the market’s investors as price consolidates to build momentum by which LBlock will break the resistance and climb further upwards.
Lucky Block Market Prediction: LBLOCK/USD Bulls Are Strengthening Below $0.00336565This stage in the market is crucial so that the price does not slump again as usual after exerting energy to break the first resistance level. The MACD (Moving Average Convergence Divergence) lines are undulating close to the zero level as the price currently remains in equilibrium. When the price breaks out, it will reach $0.00474100.

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.