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Lucky Block Market Prediction: April 22
The Lucky Block market prediction is for the price to keep up an upward trajectory after the coin finally ascends from the $0.0000260 Support Level
LBLOCK/USD Long-Term Trend: Bullish (1-Day Chart)
Key Levels:
Supply Zones: $0.0000470, $0.0000600
Demand Zones: $0.0000360, $0.0000260
Lucky Block has taken the first steps off the $0.0000260 support level. The long periods of sideways movement have finally ended. The price had touched down at the support level on the 13th of April. Afterward, it began moving laterally as more bulls came into the market. A few spikes were thrown upward before the coin eventually takes off on the 20th of April and with consecutive bullish candles, it is now gravitating towards the $0.0000360 resistance level.
Lucky Block Market Prediction: LBLOCK/USD Anticipation
Lucky Block (LBLOCKUSD) has embarked on an upward trajectory, marking a notable departure from the $0.0000260 support level.
The market dropped to this critical support level on April 13th and then exhibited sideways movement along this support, attracting increased bullish interest.
Sporadic upward spikes happened before witnessing a more sustained rally on April 20th, with successive bullish candles propelling the coin toward the $0.0000360 resistance level.
LBLOCK/USD Medium-Term Trend: Bullish (4-hours chart)
Crypto signals from the daily chart reveal several bullish indicators corroborating this upward movement. The Parabolic SAR (Stop and Reverse) dots have swiftly transitioned below the ascending candlesticks, signaling the onset of a potential rally. Similarly, the Relative Strength Index (RSI) line has broken free from its previous lateral movement along the oversold threshold, trending upwards and approaching the midpoint of its chart. This suggests a strong likelihood of further upward momentum.
Upon closer examination of the 4-hour timeframe, the picture remains predominantly bullish, albeit with intermittent bearish candles interspersed amid the upward movement. Despite these occasional setbacks, the Parabolic SAR dots have aligned below the candlesticks, reinforcing the bullish sentiment. Additionally, the RSI line hovers just below overbought territory, indicating ample room for further price appreciation.
How To Buy Lucky Block
Note: Learn2.trade is not a financial advisor. Do your research before investing your funds in any financial asset, product, or event. We are not responsible for your investment results.
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