Lucky Block Price Prediction: LBLOCK/USD Faces $0.00020 Level
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Lucky Block Price Prediction – October 14
The Lucky Block price prediction shows that LBLOCK may continue to move sideways under the moving averages before shooting to the upside.
LBLOCK/USD Medium-term Trend: Ranging (4H Chart)
Key Levels:
Resistance levels: $0.00028, $0.00030, $0.00032
Support levels: $0.00014, $0.00012, $0.00010
LBLOCK/USD is ranging within the 9-day and 21-day moving averages. The Lucky Block price is therefore getting ready to shoot to the upside, traders are anticipating that the current price movement is an indication of the upcoming price rally in the market.
Lucky Block Price Prediction: LBLOCK/USD Will Go Bullish
According to the daily chart, the next step for the Lucky Block price is to reclaim back the resistance level of $0.00020; once this is done, bulls will cross above the moving averages to face the resistance levels of $0.00028, $0.00030, and $0.00032. However, as the technical indicator Relative Strength Index (14) moves to cross above the 50-level, meanwhile, if the coin retreats a little bit to the south, the support levels of $0.00014, $0.00012, and $0.00010 may be visited and it could be the best opportunity for the new investors to come into the market.
LBLOCK/USD Medium-term Trend: Bearish (1H Chart)
The Lucky Block is trading above the 9-day and 21-day moving averages, and it could cross above the upper boundary of the channel. The technical indicator Relative Strength Index (14) is moving below the 60-level before heading to the north.
However, if the bulls push the price above the channel, the Lucky Block would rise to the resistance level of $0.00021 and above but this might not come to play if the 9-day MA crosses below the 21-day MA. However, this could bring the price towards the lower boundary of the channel, and staying there may cause the coin to reach the support level of $0.00019 and below while new buyers are expected to come into the market.
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