Lucky Block Price Prediction: LBLOCK/USD Could Break to the Upside
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Lucky Block Price Prediction – February 27
The Lucky Block price prediction shows that LBLOCK could gain pace as soon as it clears the $0.000160 resistance zone.
LBLOCK/USD Medium-term Trend: Ranging (1D Chart)
Key Levels:
Resistance levels: $0.000210, $0.000220, $0.000230
Support levels: $0.000100, $0.000090, $0.000080
LBLOCK/USD is moving towards an upward formation after having a bullish session a few hours ago. The LBLOCK price is currently moving to cross above the 9-day and 21-day moving averages while the signal line of the technical indicator Relative Strength Index (14) moves above the 40-level.
Lucky Block Price Prediction: LBLOCK Bulls Will Pump Above $0.000200
The Lucky Block price is preparing for the bullish movement as the buyers regroup to increase the buying pressure. However, if the coin maintains the bullish movement, it will head toward the upper boundary of the channel where it can hit the resistance levels of $0.000210, $0.000220, and $0.000230. On the downside, if the Lucky Block price drops below the lower boundary of the channel, it could reach the support levels at $0.000100, $0.000090, and $0.000080.
LBLOCK/USD Medium-term Trend: Ranging (4H Chart)
LBLOCK/USD is trading within the 9-day and 21-day moving averages as the technical indicator Relative Strength Index (14) moves to cross above the 50-level. However, a possible bearish drop could surface and any further bearish movement below the lower boundary of the channel could bring the coin to the support level of $0.000130 and below.
However, if the bulls push the coin higher, the LBLOCK price can cross above the upper boundary of the channel. Once it crosses this barrier, the market price would hit the resistance level of $0.000180 and above. Moreover, the trading volume is coming up slowly and will begin to climb higher if the technical indicator moves to the positive side.
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