Lucky Block Price Prediction: LBLOCK/USD Bounces off Resistance Level of $0.00025
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Lucky Block Price Prediction – November 30
The Lucky Block price prediction moves above the 9-day and 21-day moving averages to cross the upper boundary of the channel.
LBLOCK/USD Medium-term Trend: Ranging (4-Hour Chart)
Key Levels:
Resistance levels: $0.00029, $0.00031, $0.00033
Support levels: $0.00016, $0.00014, $0.00012
Looking at the 4-hour chart, LBLOCK/USD is heading to the north as the coin stays strong above the 9-day and 21-day moving averages. The lucky Block price would stable above this barrier for it to gain additional uptrends. Meanwhile, the 9-day moving average is already above the 21-day moving average, and traders are anticipating that the current price movement is an indication of the upcoming price rally in the market.
Lucky Block Price Prediction: LBLOCK/USD Begins Upward Movement
According to the 4-hour chart, the Lucky Block price begins to move to the north, the new buyers are to come into the market as LBLOCK/USD will cross above the upper boundary of the channel, and once this is done, the coin would now face the resistance levels of $0.00029, $0.00031, and $0.00033 respectively.
However, as the technical indicator Relative Strength Index (14) stays within the overbought region, LBLOCK/USD would sustain the bullish movement. On the contrary, if the coin retreats a little bit to the south, the support levels of $0.00016, $0.00014, and $0.00012 could be visited, and it can be the best opportunity for the new investors to enter the market.
LBLOCK/USD Medium-term Trend: Ranging (2-Hour Chart)
On the 2-hour chart, the Lucky Block price is also facing the upside, and it is currently crossing above the 9-day and 21-day moving averages. At the moment, the buyers are pushing the coin to the north while the technical indicator Relative Strength Index (14) moves into the overbought region.
However, if the bulls succeed in pushing the price to the upside, the Lucky Block would rise to touch the resistance level of $0.00030 and above but this could be delayed a little bit if the 9-day MA slides below the 21-day MA. Therefore, if the market gains a few more negative moves and falls from the current value, this could bring the price to the support level of $0.00018 and below.
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