Lucky Block Price Forecast: LBLOCK Pushes Against $0.0001990 Supply Line

Lucky Block Price Forecast: April 14

The Lucky Block price forecast is for the bulls to keep up the pressure against the $0.0001990 resistance level until it gives way to a price surge.

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 is still under the influence of the bulls. The bulls are set to keep driving the market in an upward direction. The $0.0001990 supply level limits the price, while the bulls apply upward pressure. The coin is expected to find a point of weakness in the supply level to exploit.

Lucky Block Price Forecast: LBLOCK/USD Outlook 

The price accumulation in a triangle structure, which the market engaged in from the beginning of the year, has given the buyers so much impetus to keep driving the price upward.

As a result, we can see the coin make a jump consistently. The first time was on March 20, and the second was on April 1. At both times, there was a retracement to an earlier low.

LBLOCKUSD is on the verge of another jump, and it is applying pressure to the resistance level to enable it to leap. The RSI (Relative Strength Index) line remains above the 50 mark as it applies pressure against the supply line.

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

While putting pressure on the supply, the candles have dropped and are rising again toward the resistance level. The MACD (Moving Average Convergence Divergence) lines on the daily chart have risen highly above the zero level. The Histogram bars accompanying it are also bullish.

The slight drop in the candles ensures the 4-hour MACD lines drop below the zero level, but there is now a golden upward cross as a new bullish candle forms. Also, the RSI on the 4-hour chart is fluctuating around the middle line and is currently rising upward. The buyers will keep pushing against the supply line till they find a point of weakness to exploit to push the price to $0.0002980.

How To Buy Lucky Block

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