Lucky Block Price Forecast: April 21
The Lucky Block price forecast expects the price to keep attempting to crack the resistance level as consolidation continues.
LBLOCK/USD Long-Term Trend: Bullish (1-Day Chart)
Key Levels:
Supply Zones: $0.0002980, $0.0001990, $0.0001880
Demand Zones: $0.0001570, $0.0001420, $0.0001250
The LBLOCK market remains focused on breaching the resistance level. The latest effort to achieve that did not yield the desired result, and the coin has dropped back to support to receive more impulse. The odds are still in the buyers’ favor, and we expect an immediate reaction from the buy traders.
Lucky Block Price Forecast: LBLOCK/USD Outlook
The Lucky Block market is still on the verge of violating the $0.0001990 resistance level. The resistance level is a major one whose influence extends to $0.0002040.
As seen on the chart, the candlesticks have pierced through the zone several times with long wicks, but the coin has been unable to establish itself above the zone. The latest attempt sees the candles drop back to support.
Nevertheless, the buyers are not relenting, and another effort at cracking through the resistance is coming shortly. To this end, the Parabolic SAR (Stop and Reverse) dots remain below the candles to show optimism.
LBLOCK/USD Medium-Term Trend: Bullish (4-hour chart)
Still, on the daily chart, the ATR (Average True Range) shows a sharp increase in volatility, as with previous times. The buyers could leverage this sharp increase in momentum to immediately strike back at the resistance level and violate it.
The Parabolic SAR (Stop and Reverse) dots are also lined up below the 4-hour candlesticks to show that the impetus to rise is still much stronger. The ATR line has also risen high on the 4-hour chart. The expectation is that LBLOCKUSD will make another attempt to violate the resistance level, and this is likely to happen sooner than expected.
How To Buy Lucky Block
Note: Learn2.trade is not a financial advisor. Do your research before investing your funds in any financial asset or presented product or event. We are not responsible for your investing results.
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