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Lucky Block Market Prediction: April 4
The Lucky Block market prediction is for a recovery above the $0.0000360 key level. This is set to happen on or before the price reaches the $0.0000260 support.
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 remains in active search for a means of rallying. To this end, it has dropped towards a lower price of $0.0000260. However, the coin has hardly dropped to the $0.0000260 support level before the bulls start jumping into the market. This has slowed down the pace at which the price drops and may even result in a reversal without reaching the $0.0000260 support.
Lucky Block Market Prediction: LBLOCK/USD Anticipation
Lucky Block continues its pursuit of a rallying point, gravitating towards a reduced price level of $0.0000260.
Interestingly, the coin has encountered strong buying interest from bulls before reaching the $0.0000260 support level.
This influx of bullish activity has decelerated the descent of the price, potentially setting the stage for a reversal before the critical support is tested.
LBLOCK/USD Medium-Term Trend: Bullish (4-hours chart)
On the daily chart, as the coin descends beneath the $0.0000360 pivotal level, it trades below the MA period 20 (Moving Average), causing the MA to persistently float above the daily candles. Concurrently, the Stochastic Oscillator lines have plummeted from overbought territory directly into the oversold zone, signalling the market’s readiness for a potential upswing.
Shifting to the 4-hour timeframe, underlying market dynamics suggest increasing investor interest and activity. The MA period 20 has progressively approached the candlesticks from the $0.0000360 level, with occasional upward spikes observed as the price continues to dip. The Stochastic Oscillator lines predominantly hover within the bearish spectrum, awaiting a catalyst to shift into bullish territory. Given these crypto signals, LBLOCKUSD appears poised to rebound above $0.0000360, potentially bypassing the $0.0000260 support level altogether.
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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