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Lucky Block Market Prediction – May 1
The Lucky Block market prediction is for the price to keep putting upward pressure on the $0.0000360 resistance level till it breaks through.
LBLOCK/USD Long-Term Trend: Bullish (1-Day Chart)
Key Levels:
Supply Zones: $0.0000470, $0.0000600
Demand Zones: $0.0000260, $0.0000360
Lucky Block is poised to rise to the $0.0000360 resistance level and breach it. The buyers are agitated and eager to get the price as high as possible in the short term. The agitation of the buyers can be seen in the spikes from the candlesticks that are already piercing the $0.0000360 resistance level. The market will put more pressure on the resistance level until it weakens and the coin can surge past it.
Lucky Block Market Prediction: LBLOCK/USD Anticipation
Lucky Block is positioned to exert significant upward pressure on the $0.0000360 resistance level, signaling a potential breakthrough.
The fervor of buyers is palpable, evident in the heightened agitation and eagerness to drive prices higher in the short term. Notably, the market reflects this enthusiasm through candlestick spikes
The spikes have already pierced the $0.0000360 resistance, indicating a concerted effort to further intensify pressure until the resistance weakens and allows for a surge beyond.
LBLOCK/USD Medium-Term Trend: Bullish (4-hours chart)
Analysis of the daily chart reveals that the market has traded above the MA period 20 (Moving Average), establishing it as a pivotal support level crucial for maintaining upward momentum and facilitating the breach of resistance. Meanwhile, the Stochastic Oscillator lines, having initially risen to the overbought border, are now retracing towards the oversold region, reflecting ongoing transitional phases and resulting in some observed fluctuations.
On the 4-hour timeframe, candles exhibit fluctuations around the MA period 20, leveraging it as a stable platform to sustain upward momentum and advance the rally. Similarly, the Stochastic Oscillator indicator depicts sporadic fluctuations of lines oscillating between the overbought and oversold territories, with current indications suggesting a renewed attempt to rise from the oversold region. As Lucky Block continues to assert pressure on the resistance, crypto signals point towards sustained bullish momentum.
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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