Lucky Block Price Prediction: LBLOCK/USD Could Touch the Resistance Level of $0.000200
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Lucky Block Price Prediction – February 14
The Lucky Block price prediction shows that LBLOCK will cross above the moving averages to touch the resistance level of $0.000200.
LBLOCK/USD Long-term Trend: Ranging (1D Chart)
Key Levels:
Resistance levels: $0.000230, $0.000250, $0.000270
Support levels: $0.000100, $0.000080, $0.000060
LBLOCK/USD is ranging below the 9-day and 21-day moving averages as the current movement is suggesting a sideways movement before moving in the next positive direction. Moreover, buyers are expected to invest more as a bullish movement is will resume in the market soon.
Lucky Block Price Prediction: LBLOCK/USD Will Head to the Upside
The Lucky Block price will begin to experience an increasing volume as the market follows a positive direction. However, should the coin delay its bullish movement, the bears could step into the market but new buyers are expected to come into the market. Meanwhile, if the selling resumes back, it could bring the coin to the support levels of $0.000100, $0.000080, and $0.000060.
On the same note, the Lucky Block price can spike above the upper boundary of the channel if the technical indicator Relative Strength Index (14) crosses above the 50-level. Nevertheless, the potential resistance levels could be located at $0.000230, $0.000250, and $0.000270 will come to play if the bulls increase the pressure.
LBLOCK/USD Medium-term Trend: Bearish (4H Chart)
The Lucky Block price is hovering below the 9-day and 21-day moving averages, the Lucky Block is preparing for a bullish movement. However, should the price break toward the upper boundary of the channel, the market may experience an upward trend and this could touch the resistance level at $0.000200 and above.
Conversely, the Lucky Block price could retreat and crosses below the lower boundary of the channel to hit the support at $0.000130 and below for more buyers to come into the market. However, the technical indicator Relative Strength Index (14) is likely to cross below the 50-level, suggesting sideways movement.
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