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Lucky Block Price Forecast: April 3
The Lucky Block price forecast is for the market to rally from the lower support level of $0.0000260, where more investors are expected to buy into the market.
LBLOCK/USD Long-Term Trend: Bullish (1-Day Chart)
Key Levels:
Supply Zones: $0.0000470, $0.0000600
Demand Zones: $0.0000360, $0.0000260
The Lucky Block market is preparing for a price surge from the low level of $0.0000260. The market is still in decline towards this key level. The plan to take off at the former support level of $0.0000360 did not happen. Hence, the coin seeks to attract bulls at a lower support level. This is also beginning to pay off as more bulls join the market even before it reaches $0.0000260.
Lucky Block Price Forecast: LBLOCK/USD Outlook
The Lucky Block market is gearing up for a potential price surge, starting from the foundational level of $0.0000260.
As the market continues its descent towards this pivotal level, the initial plan to initiate a rally from the former support level of $0.0000360 did not materialize as anticipated.
Consequently, the coin aims to attract bullish momentum at this lower support threshold, a strategy that appears to be gaining traction as an increasing number of bulls enter the market even before it reaches $0.0000260.
LBLOCK/USD Medium-Term Trend: Bullish (4-hours chart)
On the daily chart, the 20-day Moving Average (MA) lies above the daily candlesticks, primarily due to the coin’s current downward trajectory towards the rally support level of $0.0000260. Additionally, the MACD (Moving Average Convergence Divergence) lines have dipped below the zero level, accompanied by bearish histogram bars.
Switching to the 4-hour chart, the MA line remains positioned above the candles but has come significantly close to them. This proximity suggests that trading above the MA could become feasible once the market embarks on a rally. The MACD lines have ceased their descent and are now moving laterally. The histogram bars show alternation, indicating that bullish momentum is building up in anticipation of a potential price surge.
How to buy Lucky Block
Note: Learn2.trade is not a financial advisor. Do your research before investing your funds in any financial asset, product, or event. We are not responsible for your investment results.
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