Lucky Block Price Prediction: LBLOCK/USD Could Retrace Above $0.000210
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Lucky Block Price Prediction – April 3
The Lucky Block price rebounds from the early dip at $0.000190 as the buying interest may increase on approach to $0.000200.
LBLOCK/USD Long-term Trend: Ranging (1D Chart)
Key levels:
Resistance Levels: $0.000280, $0.000300, $0.000320
Support Levels: $0.000130, $0.000110, $0.000090
LBLOCK/USD is retreating toward the 9-day and 21-day moving averages as the market touches the daily low at $0.000130 but currently rebounding to retain the previous level at $0.000197. The buyers may begin to look for some resistance levels if they retain the price above the moving averages.
Lucky Block Price Prediction: LBLOCK Price Will Cross Above $0.000210 Level
In the past few hours, after the Lucky Block price touches the daily low of $0.000190, the coin could now face the resistance level of $0.000200 and look forward to reclaiming the resistance level of $0.000220. 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 moment, the technical indicator Relative Strength Index (14) may likely cross above the 50-level to indicate a bullish movement. Therefore, if the Lucky Block price moves above the 9-day moving average, it could hit the resistance levels of $0.000290, $0.000310, and $0.000330, but any bearish movement below the lower boundary of the channel could hit the supports at $0.000100, $0.000080, and $0.000060.
LBLOCK/USD Medium-Term Trend: Ranging (4H Chart)
According to the 4-hour chart, the Lucky Block price is seen sliding toward the 9-day and 21-day moving averages as the technical indicator Relative Strength Index crosses below the 60-level. From above, if the Lucky Block price stays above the 9-day and 21-day moving averages, the bullish influence could spike, and the accrued gains toward the upper boundary of the channel.
However, the current candle could fail to cross below the moving averages, and the critical support could be located at $0.000130 and below but the best the bulls can do is to reclaim the resistance level of $0.000220 and keep their attention on breaking the potential resistance at $0.000280 and above.
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