Lucky Block Price Anticipation: LBLOCKUSD Navigates Familiar Bullish Ground
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Lucky Block Price Anticipation: LBLOCKUSD Navigates Familiar Bullish Ground

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Azeez Mustapha

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Lucky Block Price Anticipation: April 12

The Lucky Block price anticipation is for the market to try to replicate a previous path, with BG rallying off the $0.0000260 significant level.

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

Key Levels:
Supply Zones: $0.0000600, $0.0000470
Demand Zones: $0.000360, $0.000260

Lucky Block Price Anticipation: LBLOCKUSD Navigates Familiar Bullish Ground

LBLOCKUSD is within the range of familiar bullish territory. The market has come within range of a familiar price-propelled level at $0.0000260. The coin similarly dropped to this level in late September last year. At this level, the market gained momentum, spending the whole of October into the early days of December before the price surged strongly. LBLOCKUSD is now back in this familiar territory with the intent to follow a similar path.

Lucky Block Market Prediction: LBLOCK/USD Anticipation

LBLOCKUSD is currently treading within a well-recognized bullish territory, approaching a pivotal price level at $0.0000260.

This price level mirrors a previous dip observed in late September of the previous year. During this earlier period, the market garnered momentum, sustaining this momentum throughout October and into early December before witnessing a robust surge.

LBLOCKUSD now finds itself back in this familiar territory, poised to potentially replicate its previous bullish trajectory.

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

On the daily chart, the Bollinger Bands are guiding the market towards the $0.0000260 support level. The lower band has already extended to this level, suggesting it could act as a springboard for an upward movement. Despite nearing this support level, the Momentum indicator indicates an uptick in buying momentum, which market participants may seek to capitalize on.

Lucky Block Price Anticipation: LBLOCKUSD Navigates Familiar Bullish Ground

Conversely, the 4-hour timeframe presents a different picture. Here, the Bollinger Bands constrict closely around the candlesticks, suggesting a more sideways trading pattern indicative of market consolidation. Despite this, the Momentum indicator on this timeframe reflects some upward movement, suggesting that bulls are gearing up for a potential rally, preceding or following the $0.0000260 support test.

How To Buy Lucky Block

NoteLearn2.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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