Lucky Block Price Forecast: LBLOCK/USD Seeks Price Reversal at $0.00189390

Updated:

Lucky Block Price Forecast – April 14

The Lucky Block price forecast is for the market to finally make its reversal at $0.00189390 after breaking through several strong key levels.

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

Key Levels:

Supply Zones: $0.00378260, $0.00304100

Demand Zones: $0.00222220, $0.00189390

Lucky Block Price Forecast: LBLOCK/USD Seeks Price Reversal at $0.00189390

LBLOCK/USD may be finally set for a reversal after the price dipped strongly past several key levels to land at $0.00189390. The price has been sliding downwards since it suffered rejection at $0.00378260. It was suggested yesterday that the price may reverse from $0.00222220, but it has now dropped further to $0.00189390. This is a significant support zone where bulls are expected to rally the market strongly.

Lucky Block Price Forecast: LBLOCK/USD Anticipation

LBLOCK bulls are adopting the strategy of dropping the market to lower price levels before making a surge up to break the existing barrier level.

As a result, the price has been on a decline to seek a price rallying point. The $0.00222220 was prospective, but a substantial drop has helped breakthrough to a lower level.

Price is therefore poised to launch an assault against the key levels above it to reach back to $0.00378260. The Moving Average Convergence Divergence (MACD) signifies market bearishness. However, the Relative Strength Index (RSI) suggests that prices will reverse imminently.

 

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

The 5-minute chart shows that significant bullish activity is already taking place. The price drops to the critical level of $0.00189390. The 5-minute candles can be seen bouncing off the price line. However, no significant upwards progress has been made.

Lucky Block Price Forecast: LBLOCK/USD Seeks Price Reversal at $0.00189390

In response to this reaction at the $0.00189390 support level, the MACD lines have risen below zero, accompanied by bullish bars. The RSI, meanwhile, is approaching the oversold border. Bulls could start a rally from here to take them to the $0.00378260 resistance level.

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.