Lucky Block Price Prediction: LBLOCK/USD Could Make a Bullish Cross Above $0.000040
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Lucky Block Price Prediction – April 29
The Lucky Block price prediction rebounds from the early dip at $0.000032 as the buying interest may increase on approach to $0.000040.
LBLOCK/USD Long-term Trend: Bearish (1D Chart)
Key levels:
Resistance Levels: $0.000053, $0.000055, $0.000057
Support Levels: $0.000016, $0.000014, $0.000012
LBLOCK/USD will create a bullish movement as the market establishes a cross above the 9-day and 21-day moving averages, currently rebounding to retain the previous resistance at $0.000040. The buyers may begin to look for some resistance levels if the coin heads toward the upper boundary of the channel.
Lucky Block Price Prediction: LBLOCK Price May Reclaim $0.000040 Resistance
After the Lucky Block price touches the daily low of $0.000032, the coin can now face the resistance level of $0.000045 and look forward to reclaiming the resistance level of $0.000050. However, the daily chart reveals that if the 9-day moving average remains above the 21-day moving average, it will confirm the next direction of the coin.
At the time of writing, the buyers are likely to increase the pressure if they can reclaim the previous resistance level of $0.000040. Therefore, if the Lucky Block price moves toward the upper boundary of the channel, it could hit the resistance levels of $0.000053, $0.000055, and $0.000057. Still, any bearish movement toward the lower boundary of the channel could hit the supports at $0.000016, $0.000014, and $0.000012.
LBLOCK/USD Medium-term Trend: Bullish (4H Chart)
Looking at the 4-hour chart, the Lucky Block price is seen hovering above the 9-day and 21-day moving averages as the coin embarks on a bullish movement. However, from above, if the Lucky Block price remains above the moving averages, the bullish influence could spike and accrue gains toward the upper boundary of the channel.
Nevertheless, the current candle could fail to move bullishly, and the target support remains at $0.000028 and below but the best the bulls can do is to hold above the resistance level of $0.000033 and keep their attention on breaking the potential resistance at $0.000038 and above.
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