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Lucky Block Price Prediction: LBLOCK/USD Could Attempt an Upside Retracement

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Lucky Block Price Prediction: LBLOCK/USD Could Attempt an Upside Retracement

Lucky Block Price Prediction – January 28

The Lucky Block price will recover to the upside as the coin could attempt to cross above the 9-day and 21-day moving averages.

LBLOCK/USD Medium-term Trend: Bearish (1D Chart)

Key Levels:

Resistance levels: $0.000250, $0.000270, $0.000290

Support levels: $0.000045, $0.000025, $0.000005

Lucky Block Price Prediction: LBLOCK/USD Could Attempt an Upside Retracement
LBLOCKUSD – Daily Chart

LBLOCK/USD is sliding below the 9-day and the 21-day moving averages, aiming to retrace the lost resistance. However, the market is likely to slightly a little if it crosses below the lower boundary of the channel so that new buyers could enter the market. If the bulls fail to push the price above the moving averages, the Lucky block price may create an additional low.

Lucky Block Price Prediction: LBLOCK/USD Will Spike Higher

The Lucky Block price will begin to break higher as the coin prepares for a bullish movement that could hit the nearest resistance level of $0.000200. However, any further bullish movement will locate the potential resistance levels at $0.000250, $0.000270, and $0.000290.

Meanwhile, the upward movement could be delayed if the sellers bring the market price below the lower boundary of the channel and it could touch the support levels at $0.000045, $0.000025, and $0.000005. Meanwhile, the technical indicator Relative Strength Index (14) remains below the 35-level preparing the coin for upward movement.

LBLOCK/USD Medium-term Trend: Bearish (4H Chart)

When compares to the 4-hour chart, the Lucky Block price keeps hovering below the 9-day and 21-day moving averages, as buyers are expected in the market. However, once the coin heads to the upside, a higher resistance level could be located at $0.000180 and above.

LBLOCKUSD – 4 Hour Chart

On the other hand, the technical indicator Relative Strength Index (14) is moving below the 40-level, suggesting that buyers are gaining momentum. Therefore, should bulls fail to push the current market value above, the bears could step back into the market, and the nearest support level could be found at $0.000120 and below.

You can purchase Lucky Block here. Buy LBLOCK

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