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Lucky Block Price Forecast: April 29
The Lucky Block price forecast is for the coin to continue its ascent toward the $0.0000360 level, supported by favorable technical indicators and strong bullish sentiment in the market.
LBLOCK/USD Long-Term Trend: Bullish (1-Day Chart)
Key Levels:
Zones of Supply: $0.0000600, $0.0000470
Zones of Demand: $0.0000260, $0.0000360
Lucky Block resumes its upward ascent with bullish candlesticks and upward spikes. After some days of sideways trading, the Lucky Block market eventually took off from the $0.0000260 key level on the 19th of April. The LBLOCK market kept accumulating bullish candlesticks to maintain its upward momentum. There was, however, a slight pullback about a week after, but by the start of this new week, the market had resumed an upward trend.
Lucky Block Price Forecast: LBLOCK/USD Outlook
Lucky Block (LBLOCKUSD) signals a robust return to its upward trajectory, characterized by bullish candlesticks and upward spikes.
Following a period of sideways trading, the Lucky Block market surged from the key level of $0.0000260 on April 19th, accumulating bullish candlesticks to sustain its upward momentum.
Although a slight pullback occurred approximately a week later, the market has since resumed its upward trend at the beginning of this new week.
LBLOCK/USD Medium-Term Trend: Bullish (4-hour chart)
The Moving Average Cross (MA Cross) on the daily chart remained consistently upward-crossed, serving as a reliable support level from which the market rebounded. Despite the pullback, the Stochastic Oscillator lines, having dropped below the overbought border, have now reversed direction, crossing upward to signal a resumption of the ascent.
On the 4-hour timeframe chart, the MA Cross lines experienced downward and upward crosses. However, they ultimately acted as a buffer to mitigate the pullback and facilitate a return to bullishness. Although the Stochastic Oscillator lines dipped into the oversold region, they have since climbed above the border, indicating a potential continuation of the upward movement.
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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