Lucky Block Price Prediction: LBLOCK/USD Keeps Hovering Around $0.00094; Time to Buy More
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Lucky Block Price Prediction – May 21
The Lucky Block price prediction shows that LBLOCK retreats as the market price gets ready for a breakout.
LBLOCK/USD Medium-term Trend: Ranging (1D Chart)
Key Levels:
Resistance levels: $0.00170, $0.000190, $0.000210
Support levels: $0.000023, $0.000013, $0.000003
LBLOCK/USD is trading at $0.000094 as the coin remains below the 9-day and 21-day moving averages. Meanwhile, the buyers are getting ready to grab the Lucky Block (LBLOCK) and push it to the upside. Meanwhile, the existing buyers are expected to buy any dip as the coin prepares for upward movement.
Lucky Block Price Prediction: LBLOCK Will Break to the Upside
The Lucky Block price will retrace to the upside, and buyers and new investors are expected to look out for the next bearish signals. The coin may fall slightly if the technical indicator Relative Strength Index (14) heads to the south, but the coin would spike to the upside if the technical indicator leaves the oversold region.
In other words, any bearish movement towards the lower boundary of the channel can locate supports at $0.00023, $0.000013, and $0.000003. However, should buyers push the coin above the moving averages; the bulls can expect immediate resistance to be located at $0.000150. Any further bullish movement could hit the resistance levels at $0.000170, $0.000190, and $0.000210.
LBLOCK/USD Medium-term Trend: Ranging (4H Chart)
According to the 4-hour chart, the Lucky Block price keeps hovering below the 9-day and 21-day moving averages. The buyers are expected to re-invest in the coin while the new buyers should enter the market.
From above, if buyers push the price toward the upper boundary of the channel, any further bullish movement will locate the resistance level at $0.000125 and above. Moreover, should the coin create an additional low, the nearest support can come at $0.000065 and below, while the Relative Strength Index (14) is moving in the same direction around the 30-level, and this could be the opportunity for new buyers to come into the market.
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