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Lucky Block Market Prediction – April 1
The Lucky Block market prediction is for the market to set the market back on a bullish theme as buyers plot another upsurge from a lower price level.
LBLOCK/USD Long-Term Trend: Bullish (30-Minute Chart)
Key Levels:
Supply Zones: $0.00474100, $0.00336565
Demand Zones: $0.00220000, $0.00134480
LBLOCK/USD is plotting to embark on another price upsurge from a low price level. The coin has been agitating below the lower border of its falling wedge pattern for up to four days without any success in breaking through. As the market slides down towards another support level, the price will taper off the upper border, resulting in a drop to a lower level where the price will shoot upwards again.
Lucky Block Market Prediction: LBLOCK/USD Anticipation
The Lucky Block has been constrained to slide down through a falling wedge pattern. As the market slides down, there is a repetitive pattern by which the coin is attempting a breakout.
The price often surges from the lower border of the wedge with the intent to violate it, but failure to break out usually leads to a drop back for another effort.
The market is plotting this pattern again after another failure to breakthrough. As a result, the MACD (Moving Average Convergence Divergence) lines have slid and are undulating below the zero point.
LBLOCK/USD Medium-Term Trend: Bullish (5-minute chart)
The price is sliding towards $0.00220000, which will give rise to a triangle pattern with the upper border of the wedge. This will lead to a tapering movement in the price. Bullish impetus could prevail to cause a price breakout; otherwise, the market would drop to around $0.00134480 before an upsurge.
The RSI (Relative Strength Index) line is now revolving around the midlevel as prices keep undulating. The histogram of the MACD has switched to bullish to accompany the rise of the MACD line above the zero level. Therefore a bullish drive could occur at either $0.00220000 or $0.00134480.
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.
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