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Lucky Block Price Forecast: April 15
The Lucky Block price forecast is for the market to leverage the support from the $0.0000260 demand level to push for a rally.
LBLOCK/USD Long-Term Trend: Bullish (1-Day Chart)
Key Levels:
Supply Zones: $0.0000600, $0.0000470
Demand Zones: $0.0000360, $0.0000260
Lucky Block has now touched down at the $0.0000260 resistance level. The price has been long coming to this level after its initial rejection at $0.0000750. There have been stops along the way, but the bearish pressure has often limited the price from rallying. As a result, the coin has had to drop lower and lower to get more investment until it reaches the $0.0000260 significant level, which gives it a chance of a rally.
Lucky Block Price Forecast: LBLOCK/USD Outlook
Lucky Block has recently approached the pivotal resistance level of $0.0000260.
Following its initial rejection at $0.0000750, the coin faced several setbacks due to persistent bearish pressure, limiting its upward momentum.
To attract further investment and bolster its market position, the coin has gradually descended to its current resistance level of $0.0000260, setting the stage for a potential rally.
LBLOCK/USD Medium-Term Trend: Bullish (4-hour chart)
On the daily timeframe, the MA period 20 (Moving Average) hovers slightly above the daily candlesticks. Notably, the EFI (Elders Force Index) indicates a positive shift, as the power line is trending towards the equilibrium level from below, suggesting strengthening bullish sentiment.
Diving into the 4-hour timeframe, the MA period 20 closely aligns with the candles, reflecting not only the coin’s descent to the $0.0000260 resistance level but also the ongoing attempt to push back upwards. Concurrently, the EFI has rebounded to the equilibrium level and is oscillating around this point. Crypto signals suggest that the Lucky Block market appears poised for an upward move, with a rally toward $0.0000470 being a likely scenario.
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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