Lucky Block Price Prediction: LBLOCK/USD Hovers Around $0.00075 Level
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The Lucky Block price prediction consolidates around $0.00075 as the buying pressure is ready to push the market to the north.
LBLOCK/USD Long-term Trend: Ranging (1D Chart)
Key Levels:
Resistance levels: $0.0020, $0.0022, $0.0024
Support levels: $0.0003, $0.0002, $0.0001
LBLOCK/USD is ranging with the aim of pushing the price above the 9-day moving average. According to the chart, the current movement suggests a growth momentum in the following 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 May 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 enter the market with more downs so that new investors can enter. Meanwhile, if the selling pressure increases, it could reach the support levels at $0.0003, $0.0002, and $0.0001.
Looking at the daily chart, the coin will begin to move bullishly as the technical indicator Relative Strength Index (14) is ready to spike above the 30-level. Meanwhile, the potential resistance levels at $0.0020, $0.0022, and $0.0024 will come to play as soon as the coin faces the upside.
LBLOCK/USD Medium-term Trend: Ranging (4H Chart)
According to the 4-hour chart, the Lucky Block price is hovering above 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 $0.0014 and above.
On the contrary, the Lucky Block price may retreat and cross below the moving averages to hit the support at $0.0004 and below for more buyers to come into the market. However, the technical indicator Relative Strength Index (14) is moving to cross above the 60-level, getting ready for a movement to the positive side.
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