Lucky Block Price Prediction: LBLOCK/USD Indicates Price Rally above $0.0025
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Looking at the 4-hour chart, the Lucky Block price prediction rides the bulls as traders are ready to have a great moment ahead.
LBLOCK/USD Long-term Trend: Bearish (4H Chart)
Key Levels:
Resistance levels: $0.0040, $0.0045, $0.0050
Support levels: $0.0015, $0.0010, $0.0005
If LBLOCK/USD trading volume increases, a bullish run will continue to play out. Following the recent price, LBLOCK/USD is currently facing a potential resistance at the $0.0030 level above the 9-day moving average. A break above the 21-day moving average would produce a huge green candle towards the upper boundary of the channel, marking resistance levels at $0.0040, $0.0045, and $0.0050.
Lucky Block Price Prediction: LBLOCK (Price) Moves to The Upside
The Lucky Block price moves bullishly as the coin begins a new upward movement. On the contrary, a bearish step back may roll the market back to the downside with a possible break down to $0.0015, $0.0010, and $0.0005 supports, and this could give room for more buyers to come into the market. The technical indicator Relative Strength Index (14) moves to cross above 50-level due to a little price increase.
LBLOCK/USD Medium-term Trend: Ranging (2H Chart)
According to the 2-hour chart, the Lucky Block price is attempting to cross above the 21-day moving average, but as it appeared, there’s a low amount of buying pressure in the market which is why the price is finding it difficult to gain more upsides.
Moreover, if bears try to break down the price, one would expect the market to touch the support level of $0.0020 and below. Meanwhile, a bullish continuation would push the price to the resistance levels of $0.0035 and above as the technical indicator Relative Strength Index (14) moves to cross above the 50-level.
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