Lucky Block Price Prediction: LBLOCK/USD Faces the Upside as Price Hovers at $0.000133
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Lucky Block Price Prediction – May 17
The Lucky Block price prediction shows that LBLOCK will cross above the moving averages to touch the resistance level of $0.000150.
LBLOCK/USD Medium-term Trend: Ranging (1D Chart)
Key Levels:
Resistance levels: $0.000220, $0.00240, $0.000260
Support levels: $0.000050, $0.000030, $0.000010
LBLOCK/USD is at the time of writing ranging below the 9-day and 21-day moving averages. The current movement is suggesting a sideways movement before moving in the next positive direction. Meanwhile, buyers are expected to invest more as a bullish movement will resume in the market soon.
Lucky Block Price Prediction: LBLOCK/USD Will Spike High
The Lucky Block price will begin to experience an increasing volume coupled with a bullish regroup as soon 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 pressure increases, it could reach the support levels at $0.000050, $0.000030, and $0.000010.
Meanwhile, the Lucky Block price can spike above the upper boundary of the channel if the technical indicator Relative Strength Index (14) crosses above the 40-level. Meanwhile, the potential resistance levels could be located at $0.000220, $0.000240, and $0.0000260 will come to play as soon as the coin faces the upside.
LBLOCK/USD Medium-term Trend: Bearish (4H Chart)
The Lucky Block price is hovering below the 9-day and 21-day moving averages as the coin prepares for a bullish movement. However, should the price break above the moving averages, the market may experience an upward trend, and crossing above the upper boundary of the channel could touch the resistance level at $0.000170 and above.
On the contrary, the Lucky Block price could retreat and cross below the lower boundary of the channel to hit the support at $0.000100 and below so that more buyers can come into the market. However, the technical indicator Relative Strength Index (14) is moving to cross below the 40-level, getting the coin ready for the upside.
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