Lucky Block Price Forecast: LBLOCKUSD Resumes Its Upward Trend

Azeez Mustapha

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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 Price Forecast: LBLOCKUSD Resumes Its Upward Trend

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.

Lucky Block Price Forecast: LBLOCKUSD Resumes Its Upward Trend

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

NoteLearn2.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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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.

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