Lucky Block Price Prediction: LBLOCK/USD Keeps Trading Around $0.0010 Level
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The Lucky Block price prediction consolidates around $0.0010 as the buying pressure is gathering for the upward movement.
LBLOCK/USD Long-term Trend: Ranging (12H Chart)
Key Levels:
Resistance levels: $0.0022, $0.0024, $0.0026
Support levels: $0.0004, $0.0003, $0.0002
LBLOCK/USD consolidates around $0.0010 as the coin prepares to move to the upside by crossing above the 21-day moving average. However, the current trend suggests a bullish movement is likely 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 coupled with a bullish regroup in the positive direction. However, should the coin delay its bullish movement, the bears could become severe with more downs for the new investors to enter. However, the next levels of support could lie at $0.0004, $0.0003, and $0.0002.
According to a 12-hour chart, the Lucky Block price would move bullishly as the technical indicator Relative Strength Index (14) moves to cross above the 40-level. Meanwhile, the potential resistance levels at $0.0022, $0.0024, and $0.0026 will come to play as soon as the bulls push the coin back to the upside.
LBLOCK/USD Medium-term Trend: Ranging (4H Chart)
The 4-hour chart revealed that the Lucky Block price is moving within the 9-day and 21-day moving averages as the coin gets ready for the bullish movement. However, should the price break above the upper boundary of the channel, the coin will experience an upward trend and could touch the resistance level at $0.0014 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 cross below the lower boundary of the channel to hit the support at $0.0008 and below for more buyers to come into the market. However, the technical indicator Relative Strength Index (14) moves below 50-level, getting ready for a movement to the positive side.
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