Lucky Block Price Prediction: LBLOCK/USD Could Break Above $0.000100 Level
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Lucky Block Price Prediction – August 14
The Lucky Block price prediction shows that LBLOCK is hovering around $0.000094 as the buying pressure gathers for the upside.
LBLOCK/USD Long-term Trend: Ranging (1D Chart)
Key Levels:
Resistance levels: $0.000130, $0.000140, $0.000150
Support levels: $0.000060, $0.000050, $0.000040
LBLOCK/USD is trading around $0.000164 as the coin prepares for an upward movement. However, the current trend suggests that a bearish movement is likely to come to play if the coin crosses above the 9-day and 21-day moving averages. Therefore, the bulls may need to step back into the market to push the coin toward the upper boundary of the channel.
Lucky Block Price Prediction: LBLOCK/USD May Move Sideways
Looking at the daily chart, the Lucky Block price could begin to experience an increasing volume coupled with a bullish regroup in the positive direction. However, should the coin delay its bullish movement, the bears could become severe with more downs for the new investors to enter. However, the next support level could lie at $0.000060, $0.000050, and $0.000040.
Nevertheless, the Lucky Block price can move bullishly if the technical indicator Relative Strength Index (14) breaks above the 50-level. Meanwhile, the potential resistance levels at $0.000130, $0.000140, and $0.000150 will come to play as soon as the coin trades bullishly.
LBLOCK/USD Medium-term Trend: Ranging (4H Chart)
The 4-hour chart shows that the Lucky Block price is moving below the 9-day and 21-day moving averages as the coin gets ready for the bullish movement. However, should the price break above the moving averages; the coin will experience an upward trend and could touch the resistance level at $0.000105 and above.
Moreover, if the bulls increase more pressure, LBLOCK/USD may cross above the upper boundary of the channel. On the contrary, the Lucky Block price can retreat and head toward the lower boundary of the channel to hit the support at $0.000085 and below. However, the technical indicator Relative Strength Index (14) trades below the 50-level, suggesting sideways movement.
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