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Lucky Block Price Forecast: May 3
The Lucky Block price forecast is for the market to push through beyond the $0.0000360 significant level.
LBLOCK/USD Long-Term Trend: Bullish (1-Day Chart)
Key Levels:
Supply Zones: $0.0000600, $0.0000470
Demand Zones: $0.0000360, $0.0000260
The LBLOCK market has already started the process of rallying to higher price levels. Halfway from $0.0000260 to $0.0000360, the coin has been throwing a barrage of upward spikes beyond the resistance level. This shows how much the buyers are eager to push the market to higher price levels. This will also help to weaken the resolve of the resistance level before the coin reaches it at all.
Lucky Block Price Forecast: LBLOCK/USD Outlook
LBLOCKUSD exhibits promising signs of a potential rally, characterized by a series of upward spikes in its market trajectory.
Progressing from $0.0000260 towards $0.0000360, the coin demonstrates a robust bullish sentiment, evident in the barrage of upward spikes beyond the resistance level.
This proactive approach by buyers indicates a strong desire to propel the LBLOCK/USD market towards higher price levels, thereby weakening resistance barriers along the way.
LBLOCK/USD Medium-Term Trend: Bullish (4-hour chart)
Crypto signals indicators further support this upward momentum. On the daily chart, the Parabolic SAR (Stop and Reverse) dots have switched below the daily candles, reflecting a temporary pullback in price. Additionally, the MACD (Moving Average Convergence Divergence) line has crossed upward, with both lines approaching the equilibrium level, signaling positive progress in favor of buyers.
Examining the 4-hour chart reveals alternating Parabolic SAR dots around the candlesticks, with a noticeable prevalence of dots above the candles due to continuous upward market spikes. Meanwhile, the MACD lines fluctuate around the zero line, albeit showing a recent upward cross as they aim to ascend beyond the zero level. These indicators collectively suggest a favorable outlook for LBLOCKUSD’s potential rally.
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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