Lucky Block Price Forecast: Lucky Block Witnesses Rising Buying Pressure

Lucky Block Price Forecast: April 9

The Lucky Block price forecast is for market buyers to ramp up the pressure to their advantage and push the price to $0.0000360

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 buying pressure is increasing gradually as the market tries to shake off the the bearish influence. A major evidence of the increase in buying pressure is that the sellers have been unable to push the price to reach $0.0000260. Therefore, as time passes, the strength of the sellers is continuously weakening while that of the buyers increases. It is anticipated that the bulls will push the market back above the $0.0000360 significant level.

Lucky Block Price Forecast: LBLOCK/USD Outlook

The buying pressure for Lucky Block is steadily increasing, as the market endeavours to shrug off the prevailing bearish sentiment.

A notable indication of this growing buying pressure is the sellers’ inability to drive the price down to the $0.0000260 level.

Over time, the waning strength of the sellers contrasts with the mounting momentum of the buyers. It is anticipated that the bullish momentum will propel the market back above the significant $0.0000360 level.

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

On the daily chart, the Parabolic SAR (Stop and Reverse) dots remain positioned above the daily candlesticks, reflecting the recent downward trend that led to the current price level. This positioning is likely to shift as the market gains upward momentum. Concurrently, the Relative Strength Index (RSI) line hovers just above the oversold border, poised for an upward movement in alignment with the market.

Switching to the 4-hour timeframe, the Parabolic SAR dots are oscillating around the market, reflecting the lateral trading phase and the buyers’ efforts to counteract the downward pressure. The RSI line fluctuates between the oversold border and the 50-mark. In essence, the buyers support the market, gradually intensifying their pressure to override the sellers and propel the price towards the $0.0000360 level.

How To Buy Lucky Block

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