Lucky Block Price Prediction: LBLOCK/USD Keeps Hope Alive Trading Around $0.0020 Level
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The Lucky Block price prediction consolidates around $0.0020 as the buying pressure is gathering for the bullish movement.
LBLOCK/USD Long-term Trend: Ranging (1D Chart)
Key Levels:
Resistance levels: $0.0035, $0.0037, $0.0039
Support levels: $0.0010, $0.0008, $0.0006
LBLOCK/USD consolidates around $0.0020 as the coin prepares to move to cross above the 9-day and 21-day moving averages. However, the current trend suggests a bullish movement is likely to play out in the next positive direction. Therefore, buyers are expected to invest more in the market.
Lucky Block Price Prediction: LBLOCK/USD Will Head to the North
The Lucky Block price would begin to experience an increasing volume as the coin follows the positive direction soon. However, should the coin delay its bullish movement, the bears could become severe with more downs but this is for the new investors to enter as the next support levels could be at $0.0010, $0.0008, and $0.0006.
Looking at the daily chart, the Lucky Block price would move bullishly as the technical indicator Relative Strength Index (14) confirms the bullish movement by staying above the 50-level. Meanwhile, the potential resistance levels at $0.0035, $0.0037, and $0.0039 will play out as soon as the coin crosses into the positive side.
LBLOCK/USD Medium-term Trend: Ranging (4H Chart)
According to the 4-hour chart, the Lucky Block price is moving within the 9-day and 21-day moving averages as the coin gets ready for the bullish movement. If the price faces the upper boundary of the channel, the coin will experience an upward trend and could touch the resistance level at $0.0026 and above.
Moreover, if the bulls put more pressure, LBLOCK/USD would cross above the upper boundary of the channel. On the contrary, the Lucky Block price can retreat and fall towards the lower boundary of the channel which could hit the support at $0.0015 and below. This is for more buyers to come into the market as the technical indicator Relative Strength Index (14) moves to cross above 50-level, getting ready for a movement to the positive side.
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