Lucky Block Market Prediction: Lucky Block Inches Towards the $0.0000470 Support Level
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Lucky Block Market Prediction: Lucky Block Inches Towards the $0.0000470 Support Level

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Azeez Mustapha

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Lucky Block Market Prediction: March 27

The Lucky Block market prediction is for the price to keep pushing gradually towards the $0.0000470 resistance level till it breaks the lingering bearish pressure.

LBLOCK/USD Long-Term Trend: Bullish (1-Day Chart)

Key Levels:
Supply Zones: $0.0000600, $0.0000470
Demand Zones: $0.0000360, $0.0000260

GATEIO:LBLOCKUSDT Chart Image by michaelfaniyi42

Lucky Block is making gradual progress towards the $0.0000470 resistance level. Since falling to the $0.0000360 demand level, the coin has attempted rebounding. Nevertheless, bearish pressure lingers in the market. As a result, the upward progress made by the price is not very conspicuous. However, the crypto signals suggest bullish progress is being made in the background.

Lucky Block Market Prediction: LBLOCK/USD Anticipation

Lucky Block is gradually advancing towards the key resistance level of $0.0000470 after reversing at the demand level of $0.0000360.

Despite lingering bearish pressure in the market, the coin has made subtle attempts to rebound.

Although the upward movement of the price may not be prominently evident, underlying crypto signals indicate bullish developments are occurring.

LBLOCK/USD Medium-Term Trend: Bullish (4-hours chart)

Analysis of the daily timeframe reveals the candlesticks have ascended above one of the Moving Average (MA) Cross lines and are testing the second with a long wick candle. The decline to $0.0000360 led the Momentum indicator to dip into negative territory; however, it has since reversed course and is trending upward, signaling ongoing bullish progress.

GATEIO:LBLOCKUSDT Chart Image by michaelfaniyi42

On the 4-hour timeframe, the candlesticks have largely surpassed the MA Cross lines, indicating continued bullish momentum building in the background. Despite exhibiting lateral fluctuations, the Momentum indicator has a slight upward inclination and is currently positioned in positive territory. It is anticipated that the weakening bearish pressure will become more evident in the coming days, paving the way for the price to reach the $0.0000470 resistance level.

How to buy Lucky Block

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