Lucky Block Price Prediction: LBLOCK/USD is Extremely Low; Buyers Could Buy the Dip
Estimated Reading Time: 3 minutes
Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you are unlikely to be protected if something goes wrong. Take 2 minutes to learn more
Lucky Block Price Prediction – March 10
The Lucky Block price prediction nosedives below the moving averages as more buyers are expected to come into the market soon.
LBLOCK/USD Medium-term Trend: Bearish (1D Chart)
Key Levels:
Resistance levels: $0.000200, $0.000220, $0.000240
Support levels: $0.000070, $0.000050, $0.000030
LBLOCK/USD is trading under the 9-day and 21-day moving averages as this is for the market price to prepare for another bullish movement. However, the buyers are gathering momentum for new investors to come into the market.
Lucky Block Price Prediction: LBLOCK/USD Will Pump Up Furiously
The Lucky Block price could touch the support level of $0.000090 before heading to the upside. Moreover, as soon as the 9-day moving average crosses above the 21-day moving average, the Lucky Block price will begin the upward movement. Therefore, any further bullish movement above the channel could hit the resistance levels of $0.000200, $0.000220, and $0.000240.
Nevertheless, the market can become very low if the coin crosses below the support level of $0.000090, once this comes to focus, LBLOCK/USD can hit the critical supports at $0.000070, $0.000050, and $0.000030. At the moment, the technical indicator Relative Strength Index (14) is moving below the 40-level as a rebound will come to play but buyers can use this opportunity to invest more in the coin.
LBLOCK/USD Medium-term Trend: Bearish (4H Chart)
On the 4-hour chart, the Lucky Block price is hovering below the 9-day and 21-day moving averages near the trend-line of the channel. Meanwhile, if buyers can hold the current market value and push the coin up, the market could start a new trend in the next positive direction. Moreover, as soon as the Lucky Block price heads to the upside, a higher resistance level could be located at $0.000150 and above.
Meanwhile, the technical indicator Relative Strength Index (14) is moving within the oversold region, indicating that the coin could touch the support of $0.000100 before facing the north. Therefore, should bulls fail to move the coin higher; sellers could bring it to the support level of $0.000090 and below.
You can purchase Lucky Block here. Buy LBLOCK
