Lucky Block Price Forecast: LBLOCK/USD Is Reacting at a Major Level for a Bullish Move

Updated:

Lucky Block Price Forecast – April 15

The Lucky Block price forecast is for the market to build bullishness by reacting vigorously above the $0.00189390 significant level.


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

Key Levels:
Supply Zones: $0.00378260, $0.00272320
Demand Zones: $0.00189390, $0.00130535
Lucky Block Price Forecast: LBLOCK/USD Is Reacting at a Major Level for a Bullish MoveLBLOCK/USD remains intent on stirring up bullishness in its market. The price has slid down a descending trendline to allow more buy-traders to join the queue to shoot the price up eventually. On the 14th of April, the price broke its structure to make a shortcut to $0.00189390. After that, the coin reacts vigorously, intending to break out finally.


Lucky Block Price Forecast: LBLOCK/USD Anticipation

Since the beginning of March, the structure of Lucky Block shows an intense tussle between the market bulls and bears. The buyers flowed with the design to allow investors to enter the market at a low price.

This led to a breakout beyond the market’s descending channel. However, Lblock’s failure to rise past $0.00378260 led to weakness and a downward slide.

The price has short-circuited to the support level at $0.00189390, where it is now reacting to upward movement. The RSI (Relative Strength Index) has touched down at the oversold border and is poised for an imminent rise.


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

After dropping to the $0.00189390 critical support level, the price can be seen reacting and bouncing on the price level as the market keeps generating bullish momentum. Currently, the coin has risen towards the immediate resistance at $0.00222220.
Lucky Block Price Forecast: LBLOCK/USD Is Reacting at a Major Level for a Bullish MoveThe MACD (Moving Average Convergence Divergence) indicator on the 5-minute timeframe has remained below the zero line despite the bullish bars on display. After reacting, the price is likely to break the trendline and several key levels to rise to $0.00272320.

How To Buy Lucky Block 

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Azeez Mustapha

Azeez Mustapha is a trading professional, currency analyst, signals strategist, and funds manager with over ten years of experience within the financial field. As a blogger and finance author, he helps investors understand complex financial concepts, improve their investing skills, and learn how to manage their money.