Lucky Block Price Prediction: LBLOCK/USD Hovers Around $0.0015 Level
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The Lucky Block price prediction consolidates around $0.0015 as the buying pressure is ready to push the market to the upside.
LBLOCK/USD Long-term Trend: Ranging (12H Chart)
Key Levels:
Resistance levels: $0.0025, $0.0027, $0.0029
Support levels: $0.0007, $0.0005, $0.0003
LBLOCK/USD is consolidating around $0.0010 as the coin moves to the upside. According to the chart, the current movement is suggesting 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 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 become severe with more downs for the new investors to enter. However, the next levels of support would be located at $0.0007, $0.0005, and $0.0003.
Nevertheless, 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 $0.0025, $0.0027, and $0.0029 will come to play as soon as the bulls push the coin to the upside.
LBLOCK/USD Medium-term Trend: Ranging (4H Chart)
Looking at the 4-hour chart, the Lucky Block price is moving below the 9-day moving average as the coin prepares for a bullish movement. Therefore, should the price break above the 21-day moving average, the market may experience an upward trend which could touch the resistance level at $0.0025 and above.
On the contrary, the Lucky Block price may retreat and cross below the lower boundary of the channel to hit the support at $0.0007 and below for more buyers to come into the market. However, the technical indicator Relative Strength Index (14) moves within the oversold region, getting ready for a movement to the positive side.
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