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Lucky Block Market Prediction – April 26
The Lucky Block market prediction is for the price to recover from the temporary pullback to continue its upward trend.
LBLOCK/USD Long-Term Trend: Bullish (1-Day Chart)
Key Levels:
Supply Zones: $0.0000470, $0.0000360
Demand Zones: $0.0000360, $0.0000260
The Lucky Block remains in an upward ascendency despite a slight setback. The market eventually rose from the $0.0000260 support level after several days of sideways trading. This is due to many bulls being able to buy much into the market at a low price. Random candlesticks’ spike characterized the market as it rose off the demand level with a particular spike piercing through the $0.0000360 level before correcting. There is, however, a bit of retracement with consecutive bearish candles for the first time since the price began its ascension. Nevertheless, the upward trend remains.
Lucky Block Market Prediction: LBLOCK/USD Anticipation
Despite a minor setback, Lucky Block continues its upward trajectory. The market recently rallied from the $0.0000260 support level after a period of sideways trading.
The influx of bullish activity at this lower price level led to sporadic candlestick spikes, with one notable spike piercing through the $0.0000360 resistance before a corrective pullback.
Although the market has seen consecutive bearish candles for the first time since the ascent began, the overall trend remains upward.
LBLOCK/USD Medium-Term Trend: Bullish (4-hours chart)
On the daily chart, the MA Cross (Moving Average) remains upward crossed, serving as a crucial support level in case of further price drops. Additionally, the EFI (Elders Force Index) power line has crossed above the equilibrium line, indicating bullish momentum despite the recent price dip.
On the 4-hour timeframe, candles have retraced to the level of the MA Cross, which is currently providing a buffer against further declines. Although the EFI line hovers around the equilibrium level in this timeframe, it shows a slight bias to the upside. Lucky Block is currently experiencing a pullback phase after its impressive rally from the $0.0000260 level, and the market is expected to recalibrate before resuming its upward 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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