Lucky Block Price Prediction: LBLOCK/USD Faces $0.0020 Level
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The Lucky Block price prediction would rise above the moving averages should the bulls increase their momentum.
LBLOCK/USD Medium-term Trend: Bearish (12H Chart)
Key Levels:
Resistance levels: $0.0030, $0.0035, $0.0040
Support levels: $0.0010, $0.0008, $0.0005
LBLOCK/USD is moving to cross above the 9-day and 21-day moving averages as the coin gets ready for the upside. Meanwhile, the bullish movement would push the coin towards the resistance level of $0.0020, and should the bulls fail to push the price upward, the Lucky block price may retreat.
Lucky Block Price Prediction: LBLOCK/USD Will Consolidate Before Moving Higher
The Lucky Block price is hovering at $0.0018 where it prepares to cross above the moving averages. However, if the bulls more pressure, the coin may cross above the upper boundary of the channel to locate the potential resistance levels at $0.0030, $0.0035, and $0.0040, but any bearish movement towards the lower boundary of the channel may locate the support levels at $0.0010, $0.0008, and $0.0005. The technical indicator Relative Strength Index (14) moves below 40-level to prepare for the upside.
LBLOCK/USD Medium-term Trend: Bearish (4H Chart)
Looking at the 4-hour chart, the Lucky Block price stays below the 9-day and 21-day moving averages with a bullish candle. However, the technical indicator Relative Strength Index (14) remains above 40-level to push the coin to the upside. Meanwhile, any further bullish movement could hit the resistance level at $0.0022 and above.
However, LBLOCK/USD would experience more bullish signals, and once this happens, the market price will spike to the upside. On the contrary, if the price drops and faces the lower boundary of the channel, it could hit the critical support at $0.0015 and below.
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