Lucky Block Price Forecast: LBLOCK Weakens Resistance with Upward Thrusts

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Lucky Block Price Forecast: April 19

The Lucky Block price forecast is for the bulls to keep making more thrusts through the resistance till the price is free to rise beyond the $0.0001990 resistance.

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 thrusting through the $0.0001990 resistance level in a bid to weaken the resistance level and at the same time rally the bulls beyond the resistance. A similar scenario has already occurred as the price keeps climbing. It is expected that LBLOCKUSD will get a spike that will push the coin beyond the $0.0002740 level.

Lucky Block Price Forecast: LBLOCK/USD Outlook 

The Lucky Block market is very bullish at this point. This is despite the $0.0001990 resistance that has tried to limit the price rise. 

The market is on a general uptrend and has been able to breach similar levels that wanted to hinder the price increase. Firstly, the $0.0001250 level was broken, followed by the $0.0001620 level.

Based on these previous successes in slicing through the resistance level, LBLOCK is expected to bypass the $0.0001990 resistance as well. The coin has started thrusting through the resistance.

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

The latest thrust through the resistance level has made the Stochastic Oscillator lines rise sharply off the border of the oversold region. The continual thrusts will eventually lead to a spike that will push the price beyond the resistance. The previous spikes caused a sharp upward reaction in the ATR (Average True Range) line before corrections.

On the 4-hour chart, each thrust through the resistance level is causing significant reactions in the market’s volatility, preparing the bulls for the big spike. The undulation of the Stochastic Oscillator lines over the expanse of the chart shows much agitation in the market, chiefly from the buyers who are trying to break out toward the $0.0002740 significant level.

How To Buy Lucky Block

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