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Lucky Block Price Prediction: LBLOCK/USD Could Spike Above $0.000165

January 24, 2023

#LBLOCK#LBLOCKUSD#Lucky Block#Technical Analysis

Lucky Block Price Prediction – January 24

The Lucky Block price prediction shows that LBLOCK is heading to the upside for the confirmation of the bullish movement.

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

Key Levels:

Resistance levels: $0.000250, $0.000270, $0.000290

Support levels: $0.0000100, $0.000080, $0.0000060

According to the daily chart, LBLOCK/USD is heading to the upside as the coin moves to cross above the 9-day moving average. A break above the 21-day moving average could make the coin trade near the resistance of $0.000170. However, the Lucky Block price will rise to the upside if buyers successfully push the coin above the 21-day moving average.

Lucky Block Price Prediction: LBLOCK/USD Heads to the Upside

The Lucky Block price will reclaim the resistance level of $0.000165 and any further bullish movement toward the upper boundary of the channel could hit the potential resistance levels at $0.000250, $0.000270, and $0.000290. However, the technical indicator Relative Strength Index (14) moves to cross above the 40-level, if the coin decides to retreat a little bit, the support levels of $0.000100, $0.000080, and $0.000060 may be found, and this could be the best time for the investor to invest in the coin.

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

The Lucky Block price is hovering below the 9-day and 21-day moving averages, aiming to cross above the upper boundary of the channel. The technical indicator Relative Strength Index (14) is moving below the 50-level, therefore, this could be the best for buyers to re-invest and the new buyers to enter the market.

However, if the bulls push the market price above the upper boundary of the channel, the Lucky Block would hit the potential resistance level of $0.000190 and above. On the contrary, any bearish movement below the 9-day and 21-day moving averages may locate the support level of $0.000140 and below.

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