Lucky Block Price Prediction: LBLOCK/USD Hovers Around $0.0010 Level
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The Lucky Block price prediction consolidates around $0.0010 while the buying pressure prepares to push the market to the upside.
LBLOCK/USD Long-term Trend: Bearish (12H Chart)
Key Levels:
Resistance levels: $0.0020, $0.0022, $0.0024
Support levels: $0.0004, $0.0003, $0.0002
LBLOCK/USD is getting ready for the upward movement as the coin range bounds above the 9-day and 21-day moving averages. The current trend suggests a growth momentum in the next couple of days. Therefore, buyers are expected to invest more as a bullish movement is expected in the market soon.
Lucky Block Price Prediction: LBLOCK/USD Bulls Would Spike to the Upside
The Lucky Block price would begin to experience an increasing volume coupled with a bullish regroup in the positive direction. The coin is seen heading to the north as the 9-day MA prepares to cross above the 21-day MA. On the contrary, should the coin delay its bullish movement, the bears may likely drop with a slight down for the new buyers to enter as the next level of support lie at $0.0004, $0.0003, and $0.0002.
According to the 12-hour chart, the Lucky Block price will move bullishly as the technical indicator Relative Strength Index (14) heads to the north. However, the potential resistance levels at $0.0020, $0.0022, and $0.0024 will come to play as soon as the signal line of RSI (14) breaks above 50-level.
LBLOCK/USD Medium-term Trend: Bearish (4H Chart)
As revealed on the 4-hour chart, the Lucky Block price is moving to cross above the upper boundary of the channel as the coin gets ready for the bullish movement. Therefore, should the price break above this barrier, the market may experience an upward trend which could touch the resistance level at $0.0013 and above.
However, LBLOCK/USD is already hovering above the 9-day and 21-day moving averages as the bulls put more pressure. On the contrary, the Lucky Block price may retreat and cross below the moving averages to hit the support at $0.0008 and below for more buyers to come into the market. However, the technical indicator Relative Strength Index (14) is likely to cross above the 60-level, suggesting more bullish signals.
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