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Lucky Block Price Forecast: March 26
The Lucky Block price forecast is for more progressive upward movement in the market from the $0.0000360 support level.
LBLOCK/USD Long-Term Trend: Bullish (1-Day Chart)
Key Levels:
Supply Zones: $0.0000470, $0.0000600
Demand Zones: $0.0000260, $0.0000360
The Lucky Block market is now making concerted moves towards regaining the $0.0000470 key level. The coin has dropped to the current support level of $0.0000360 since last week. While the market couldn’t avoid further drops below the support, it hasn’t made much progress in pushing the price upwards. However, today, the market has begun accumulating bullish candlesticks with long upward spikes to gravitate towards the $0.0000470 level.
Lucky Block Price Forecast: LBLOCK/USD Outlook
The Lucky Block market is currently demonstrating concerted efforts to reclaim the crucial $0.0000470 resistance level, after retreating to the support level of $0.0000360 last week.
While the market prevented further declines below this support, upward momentum has been limited.
However, recent developments indicate the emergence of bullish candlesticks with notable upward spikes, signaling a potential move towards the $0.0000470 level.
LBLOCK/USD Medium-Term Trend: Bullish (4-hour chart)
One particular candlestick has reached the 20-period Moving Average (MA) in its upward trajectory, reflecting growing bullish sentiment. Crypto signals from the Moving Average Convergence Divergence (MACD) show that following the drop to $0.0000360, the MACD dipped below the zero level, accompanied by prominent bearish histogram bars. Nevertheless, the MACD lines are on the verge of crossing upward, with the bearish histogram bars diminishing, indicating a possible shift in momentum.
On the 4-hour timeframe, the candles have settled above the $0.0000360 support level and have marginally surpassed the MA period 20. The MACD lines have exhibited multiple upward crossovers and are approaching the equilibrium level, underscoring the bullish progress being made. The immediate objective for the market is to challenge the $0.0000470 resistance level in the near term.
How to buy Lucky Block
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