Lucky Block Price Forecast: Lucky Block Shows Strong Bullish Momentum
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Lucky Block Price Forecast: Lucky Block Shows Strong Bullish Momentum

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Azeez Mustapha

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Lucky Block Price Forecast: April 23

The Lucky Block price forecast is for the market to sustain its upward trajectory, supported by ongoing bullish activities.

LBLOCK/USD Long-Term Trend: Bullish (1-Day Chart)

Key Levels:
Supply Zones: $0.0000470, $0.0000600
Demand Zones:$0.0000360, $0.0000260

Lucky Block Price Forecast: Lucky Block Shows Strong Bullish Momentum

Lucky Block has finally risen off the $0.0000260 support level and keeps gradually making headway. The activities of the buyers which have been taking place in the background are finally beginning to push the market in an upward direction. Just before the price rose from the support, we can see random spikes from the daily candles. The price is now halfway to reaching the $0.0000360 resistance level.

Lucky Block Price Forecast: LBLOCK/USD Outlook

Lucky Block has significantly progressed by rising above the $0.0000260 support level, signaling bullish momentum.

The background activities of buyers are now evident as the market gradually shifts upward.

Before this rise, sporadic spikes were observed in the daily candles, indicating increased buying pressure. Currently, the price is halfway towards challenging the $0.0000360 resistance level.

LBLOCK/USD Medium-Term Trend: Bullish (4-hours chart)

On the daily timeframe, observations reveal that the daily candles had been trading below the middle line of the Bollinger Bands during the period of consolidation around the $0.0000260 support level. However, as the coin climbs from this support, it has breached the middle line and is poised to extend towards the upper Bollinger Band. Furthermore, the EFI (Elders Force Index) power line, which previously dipped below the zero level, has now rebounded above it, aligning with the price rise.

Lucky Block Price Forecast: Lucky Block Shows Strong Bullish Momentum

Crypto signals indicate that on the 4-hour timeframe, the candlesticks are visibly stretching the upper Bollinger Bands, with some spikes even piercing through. Similarly, the EFI line has transitioned from negative values below the zero line to positive values above it, mirroring the bullish sentiment seen on the daily chart. With such strong bullish indications, the Lucky Block market is anticipated to sustain its upward trajectory, supported by ongoing bullish activities.

How To Buy Lucky Block

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