Lucky Block Price Prediction: LBLOCK/USD Increases the Buying Pressure
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The last few hours have been tremendous for the Lucky Block price prediction as the coin gets ready for a cross above the $0.0040 level.
LBLOCK/USD Long-term Trend: Ranging (4H Chart)
Key Levels:
Resistance levels: $0.0045, $0.0050, $0.0055
Support levels: $0.0020 $0.0015, $0.0010
LBLOCK/USD market keeps moving above the 9-day and 21-day moving averages, following a bullish scenario that reveals that the Lucky Block price is trading above the crucial levels that will function as the support zones if a reversal occurs.
Lucky Block Price Prediction: LBLOCK Focuses on The Upside
The 4-hour chart above shows that the Lucky Block’s price hovers well in an upward movement as the coin gets ready for a cross above the upper boundary of the channel. Any further bullish move could hit the resistance levels of $0.0045, $0.0050, and $0.0055.
Moreover, the Lucky Block price may slide below the 9-day and 21-day moving averages to touch the supports at $0.0020, $0.0015, and $0.0010, as this may be necessary for the new buyers to come into the market while the existing buyers are to buy the dips.
LBLOCK/USD Medium-term Trend: Ranging (2H Chart)
At the 2-hour chart, the Lucky Block is moving conveniently above the 9-day and 21-day moving averages, marking a new high for the coin at $0.0033. However, it is now possible for the coin to gain more upwards in other to reach the resistance level of $0.0045 and above as the buyers are expected to come into the market.
Moreover, LBLOCK/USD may slide below the moving averages to locate the support at $0.0020 and below. However, the Lucky Block price may retreat to give more investors a chance to re-invest and accrue more gains as the technical indicator Relative Strength Index (14) moves above the 60-level.
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