Lucky Block Price Forecast: Lblock Retracement Will Push the Price Higher

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Lucky Block Price Forecast – April 21

The Lucky Block price forecast after the market has broken a significant high is bullish. The market cleared the high formed on the 20th of April, which signified the energy with which the bulls are pushing the price.

LBLOCK/USD Long-Term Trend: Bullish (30-Minute Chart)

Key Levels:
Major Zones
Zones of Demand: $0.7017990, $0.0019790
Zones of supply: $0.0020830, 0.0021720
LBLOCK/USD continued the previous trend, which was bearish on the 18th of April. The earlier part of the day retraced to the supply zone at $0.002083 and $0.00214200.This caused the market to purge violently. The market dipped rapidly from $0.0021420 to $0.00179900.

Lucky Block Price Forecast: LBLOCK/USD Market Outlook

The market broke an internal structure high to the upside on the 20th. This was further confirmation of the cross of the moving average during the late hours of the previous day. The market rallied to 0.0020830. It failed to clear the high at $0.00214200.

The market retraced to the order block at $0.00187800 on the 21st. The demand zone compelled more purchases of LBlock. This caused the market to rise, creating a new high slightly above $0.0020830.

The new high seemed to be a change of character for the trend. A new high and low were prominent on the chart.

LBLOCK/USD Medium-Term Trend: Bullish (5-minute chart)

The market created a retracement after forming the new high. The retracement had a change of character on the 22nd of April. The moving averages also switched positions to support the lower time frame change of direction. The market suddenly dipped once more for more mitigation. A long pole stretched immediately below 0.0018780.
The most recent low was cleared by the significant fall in price. The market is expected to correct after the impulse and rise to $0.0020830. The sudden fall in price is likely to face a retracement in the market’s style of gyration.

How To Buy Lucky Block 

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