Lucky Block Price Prediction: LBLOCK/USD Gets Ready for a Break Above $0.0021
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The Lucky Block price prediction shows that LBLOCK stays below the 9-day and 21-day moving averages as the price prepares for the upside.
LBLOCK/USD Medium-term Trend: Ranging (12 Hour Chart)
Key Levels:
Resistance levels: $0.0030, $0.0032, $0.0034
Support levels: $0.0014, $0.0012, $0.0010
LBLOCK/USD is trading around $0.0021 as the coin may give room for the buyers to buy the dip. However, if the sellers continue to push the market further lower, sellers can expect immediate support around the $0.0018 level for the new buyers to come into the market.
Lucky Block Price Prediction: LBLOCK Prepares for the Upside
According to the 12-hour chart, the Lucky Block price stays below the 9-day and 21-day moving averages as the coin may prepare to fall slightly if the technical indicator Relative Strength Index (14) stays below the 50-level. Any further bearish movement could locate the supports at $0.0014, $0.0010, and $0.0008.
On the other hand, the buyers will hold the current market value and push the coin above the moving averages; traders can then expect immediate resistance at $0.0025. However, any further bullish movement above the upper boundary of the channel may locate higher resistance levels at $0.0030, $0.0032, and $0.0034.
LBLOCK/USD Medium-term Trend: Bullish (4 Hour Chart)
On the 4-hour chart, the Lucky Block price is moving below the 9-day and 21-day moving averages as buyers are coming into the market. However, the current bullish movement will push the coin to cross above the moving averages. LBLOCK/USD is trading at $0.0024.
Looking at the upside, any further bullish movement will spike towards the upper boundary of the channel, higher resistance could lie at $0.0026 and above, but any bearish cross below the lower boundary of the channel could hit the support at $0.0017 and below as the technical indicator Relative Strength Index (14) stays below 40-level.
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