CryptoSignals News
Join our Telegram

Lucky Block Price Prediction: LBLOCK/USD Hovers Around $0.0010 Level

Lucky Block Price Prediction: LBLOCK/USD Hovers Around $0.0010 Level

Free Crypto Signals Channel

More than 50k members
Technical analysis
Up to 3 free signals weekly
Educational content
telegram Free Telegram Channel
Lucky Block Price Prediction – May 13

The Lucky Block price prediction consolidates around $0.0010 as the buying pressure is ready to push the market upward.

LBLOCK/USD Long-term Trend: Bearish (12H Chart)

Key Levels:

Resistance levels: $0.0017, $0.0019, $0.0021

Support levels: $0.0005, $0.0003, $0.0001

Lucky Block Price prediction
LBLOCKUSD – 12 Hour Chart

LBLOCK/USD consolidates around $0.0010 as the coin is ready to move to the upside by crossing above the 9-day and 21-day moving averages. However, the current trend suggests a growth momentum in the next positive direction. Meanwhile, buyers are expected to invest more as a bullish movement is expected in the market soon.

Lucky Block Price Prediction: LBLOCK/USD Bulls Ready for The Upside

The Lucky Block price would 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 become severe with more downs for the new investors to enter. However, the next levels of support could lie at $0.0005, $0.0003, and $0.0001.

According to a 12-hour chart, the Lucky Block price would move bullishly as the technical indicator Relative Strength Index (14) moves to cross above the 40-level. Meanwhile, the potential resistance levels at $0.0005, $0.0003, and $0.0001 will come to play as the bulls push the coin back to the upside.

LBLOCK/USD Medium-term Trend: Bearish (4H Chart)

The 4-hour chart revealed that the Lucky Block price is moving around the 21-day moving average as the coin gets ready for the bullish movement. Therefore, should the price break towards the upper boundary of the channel, the market may experience an upward trend and could touch the resistance level at $0.0014 and above.

LBLOCKUSD – 4 Hour Chart

However, LBLOCK/USD would cross above the upper boundary of the channel if the bulls put more pressure. On the contrary, the Lucky Block price may retreat and cross below the 9-day moving average 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) moves around 50-level, getting ready for a movement to the positive side.

You can purchase Lucky Block here. Buy LBlock

Recent News

October 10, 2022

The Bitcoin Price Drops Unexpectedly Due to Macroeconomic Factors

The Bitcoin price drops unexpectedly due to macroeconomic factors. The FOMC rate announcement, the Consumer Price Index, as well as job reports, have always been the major macroeconomic factors causing Bitcoin’s reluctance towards breaking the $20000 price level upward. According to Crypto Qu...
Read More
August 30, 2021

Chainlink (LINK) falls and Revisits $24 Low, an Upward Move Likely

Chainlink (LINK) Long-Term Analysis: BullishChainlink (LINK) price corrected upward to $26 high but was resisted. The bulls could not break above the $26 high because of selling pressure. However, after four days of downward correction, Chainlink is falling. Today, LINK/USD is falling and has reach...
Read More
February 02, 2022

Ripple Is in Range-Bound Move, Unable to Break above $0.63 High

Ripple (XRP) Long-Term Analysis: BearishRipple’s (XRP) price has resumed a sideways trend but unable to break above $0.63 high. Following the bearish trend of January 22, XRP has been fluctuating between $0.57 and 0.63 price levels. The bulls failed to break the recent high after several rete...
Read More

Join Our Free Telegram Group

We send 3 VIP signals a week in our free Telegram group, each signal comes with a full technical analysis on why we are taking the trade and how to place it through your broker.

Get a taste of what the VIP group is like by joining now for FREE!

arrow Join our free telegram