Lucky Block Price Prediction: LBLOCK/USD Faces $0.0040 Level
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The Lucky Block price prediction would rise above the moving averages if the bulls increase their momentum.
LBLOCK/USD Medium-term Trend: Bearish (4H Chart)
Key Levels:
Resistance levels: $0.0050, $0.0055, $0.0060
Support levels: $0.0030, $0.0025, $0.0020
At the time of writing, LBLOCK/USD is rising above the 9-day moving averages as the coin gets ready to cross above the 21-day moving averages. Meanwhile, the bullish movement would push the coin towards the resistance level of $0.0040, and should the bulls fail to push the price upward, the Lucky block price may retreat.
Lucky Block Price Prediction: LBLOCK/USD May Consolidate
The Lucky Block price is hovering at $0.0039 where it prepares to cross above the moving averages. However, if the bulls more pressure, the coin may locate the potential resistance levels at $0.0050, $0.0055, and $0.0060, but any bearish movement could locate the support levels at $0.0030, $0.0025, and $0.0020. The technical indicator Relative Strength Index (14) moves to cross above 40-level to confirm the bullish movement.
LBLOCK/USD Medium-term Trend: Bearish (2H Chart)
Looking at the 2-hour chart, the Lucky Block price stays above the 9-day and 21-day moving averages with a bullish candle. However, the technical indicator Relative Strength Index (14) moves to cross above 60-level to push the coin to the upside. Meanwhile, any further bullish movement could hit the resistance level at $0.0045 and above.
In addition, LBLOCK/USD would experience more bullish signals, and once this happens, the market price will spike to the upside, so this would be the best opportunity for the new buyers to come into the market. If the price drops below the moving averages, it could hit the critical support at $0.0035 and below.
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