Lucky Block Price Prediction: LBLOCK/USD Bounces off Resistance Level of $0.0028
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The Lucky Block price prediction moves above the 9-day moving average so that the coin can shoot to the upside.
LBLOCK/USD Medium-term Trend: Ranging (4 Hour Chart)
Key Levels:
Resistance levels: $0.0035, $0.0030, $0.0025
Support levels: $0.0020, $0.0015, $0.0010
Looking at the 4-hour chart, LBLOCK/USD is heading to the north as the coin crosses above the 9-day moving average. The lucky Block price would stable above this barrier before gaining additional uptrends. However, the 9-day moving average prepares to cross 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 as the new buyers are to come into the market. LBLOCK/USD will cross above the 21-day moving average, and once this is done, the coin would now face the resistance levels of $0.0035, $0.0040, and $0.0045 respectively.
However, as the technical indicator Relative Strength Index (14) stays above the 40-level, LBLOCK/USD would sustain the bullish movement. Meanwhile, if the coin retreats a little bit to the south, the support levels of $0.0020, $0.0015, and $0.0010 may be visited, and this would be the best opportunity for the new investors to invest.
LBLOCK/USD Medium-term Trend: Ranging (2 Hour Chart)
On the 2-hour chart, the Lucky Block price is in a range, 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 as the technical indicator Relative Strength Index (14) moves above 45-level.
However, if the bulls succeed in pushing the price towards the upside, the Lucky Block would rise to the resistance level of $0.0032 and above but this might be delayed a little bit if the 9-day MA remains below the 21-day MA. In the meantime, if the market gains a few more negative moves and falls from the current value, this could bring the price below the lower boundary of the channel, staying there may cause the coin to reach the support level of $0.0024 and below.
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