Lucky Block Price Prediction: LBLOCK/USD Hovers Around $0.000201 Level
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The Lucky Block price prediction consolidates around $0.000201 as the buying pressure is ready to push the market to the north.
LBLOCK/USD Long-term Trend: Ranging (4H Chart)
Key Levels:
Resistance levels: $0.00036, $0.00040, $0.0044
Support levels: $0.00010, $0.00006, $0.00002
LBLOCK/USD is ranging to push the price above the 9-day and 21-day moving averages. According to the chart, the current movement is suggesting a growth momentum in the next positive direction, and buyers are expected to invest more as a bullish movement is expected in the market soon.
Lucky Block Price Prediction: LBLOCK/USD Could Retreat to Break More Upsides
The Lucky Block price will begin to experience an increasing volume coupled with a bullish regroup in the positive direction. However, should the coin delay its bullish movement, the bears could step into the market with more downs so that new investors can enter. Meanwhile, if the selling pressure increases, it could reach the support levels at $0.00010, $0.00006, and $0.00002.
Looking at the daily chart, the Lucky Block price will begin to move bullishly as the technical indicator Relative Strength Index (14) is ready to spike above the 40-level. Meanwhile, the potential resistance levels at $0.00036, $0.00040, and $0.00044 will come to play as soon as the coin faces the upside.
LBLOCK/USD Medium-term Trend: Ranging (1H Chart)
According to the 1-hour chart, the Lucky Block price is hovering within the 9-day and 21-day moving averages as the coin prepares for the bullish movement. However, should the price break above the upper boundary of the channel, the market may experience an upward trend which could touch the resistance level at $0.00024 and above.
On the contrary, the Lucky Block price may retreat and cross below the 9-day moving average to hit the support at $0.00018 and below so that more buyers will come into the market. However, the technical indicator Relative Strength Index (14) is moving to cross above the 50-level, getting ready for a movement to the positive side.
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