Lucky Block Price Forecast: LBLOCK Poised for Imminent Rise After Retracing to $0.0001880

Lucky Block Price Forecast: April 5

The Lucky Block price forecast is an imminent price increase after retracing to the $0.0001880 demand level. More buyers are willing to invest in the market.

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

Key Levels:
Supply Zones: $0.0002980, $0.0001990
Demand Zones: $0.0001880, $0.0001570

The LBLOCK market has reverted to a pullback to a lower fundamental level to the end which adds more bullish firepower to its market. Before this retracement, the coin had surged upward, almost reaching the $0.0002980 fundamental level. The market has now pulled back to the demand level to recharge before trying again to push even higher. Currently, the bulls are trying to stabilize above $0.0001880.

Lucky Block Price Forecast: LBLOCK/USD Outlook

LBLOCK has been pushing hard upwards; however, that has not come without some difficulties, particularly with bypassing the $0.0001990 supply line. The pressure on the market also adds to that.

The buyers have, however, started to use the pullback and break strategy, where the market will retrace to a lower level before surging back upward with higher momentum.

The market is following this trend and has pulled back a second time. The $0.0001880 line has held the coin and is ready to push it upward. The EFI (Elders Force Index) line remains highly placed above the zero level despite the pullback.

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

The daily chart shows the candlesticks lining up at the $0.0001880 demand level. The candles on the 4-hour chart seem ready to shoot upward. The upper line of the Envelope indicator has been stretched, and the middle line is acting as support for the upward movement of the market when it snaps back upward.

On the 4-hour chart, the (EFI Elders Force Index) undulating around the zero level due to the market retracement. While the candles are pushing hard against the middle Envelope line. Once the price launches upward, it will seek to drive to the $0.0002980 key level immediately. This will allow for the scope to attack even higher price levels.

How To Buy Lucky Block

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