Lucky Block Price Prediction: LBLOCK/USD Faces the Upside as Price Touches $0.000122
March 17, 2023
#LBLOCK#LBLOCKUSD#Lucky Block#Technical Analysis
Lucky Block Price Prediction – March 17
The Lucky Block price prediction reveals that the bulls begin to increase their entries as the price heads to the north.
LBLOCK/USD Medium-term Trend: Bearish (1D Chart)
Resistance levels: $0.000160, $0.00170, $0.000180
Support levels: $0.000080, $0.000070, $0.000060
LBLOCK/USD is moving bullishly as the coin heads toward the 9-day and 21-day moving averages. The bullish momentum is coming to play in the market, and the bullish pressure could break the $0.000125 level. Meanwhile, if the bulls fail to drive the price higher, the Lucky Block price may continue to consolidate before gaining additional profit.
Lucky Block Price Prediction: LBLOCK/USD Heads to the Upside
The Lucky Block price is changing hands at $0.000115 where it will make a cross above the 9-day and 21-day moving averages. As soon as the coin crosses above this barrier, LBLOCK/USD will locate the potential resistance levels at $0.000160, $0.000170, and $0.000180 while the support levels could be found at $0.000080, $0.000070, and $0.000060 so that new buyers can come into the market while the technical indicator Relative Strength Index (14) moves to cross above the 40-level.
LBLOCK/USD Medium-term Trend: Ranging (4H Chart)
After staying above the 9-day moving average, the Lucky Block price is about to cross above the 21-day moving average. The technical indicator Relative Strength Index (14) will also cross above the 50-level to confirm the upward movement. Therefore, any possible cross above the upper boundary of the channel could reach the resistance level at $0.000140 and above.
However, LBLOCK/USD will begin to display some bullish signals as the bearish movement fades out, but if the price drops and slides below the lower boundary of the channel, it could touch the nearest support at $0.000090 and below.
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