Lucky Block Price Prediction: LBLOCK/USD Looks for a Higher Support; Price Will Trend Upwards
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Lucky Block Price Prediction – December 25
The Lucky Block price prediction reveals that LBLOCK is trading around $0.000161 as buyers are ready to push the market to the upside.
LBLOCK/USD Long-term Trend: Ranging (4H Chart)
Key Levels:
Resistance levels: $0.000200, $0.000220, $0.000240
Support levels: $0.000120, $0.000100, $0.000080
LBLOCK/USD buyers have been trying to keep the price above the $0.000160 level for a significant length of time. Meanwhile, sellers have pushed it to its lowest support near $0.000160, but the Lucky Block was able to recover shortly afterward. However, this crypto appears to have found a strong landing support where it could take an upward movement.
Lucky Block Price Prediction: LBLOCK/USD Gets Ready for the Upward Movement
The Lucky Block price will begin to experience an increasing volume coupled with a bullish regroup in the positive direction. Meanwhile, should the coin delay its bullish movement, the bears could become severe with more downs for the new investors to come into the market. However, the next support levels could be located at $0.000120, $0.000100, and $0.000080 respectively.
Nevertheless, the Lucky Block price will begin to move bullishly as the technical indicator Relative Strength Index (14) moves to cross above the 40-level. Meanwhile, the potential resistance levels at $0.000200, $0.000220, and $0.000240 will come to play as soon as the buyers increase the buying pressure.
LBLOCK/USD Medium-term Trend: Bearish (2H Chart)
According to the 2-hour chart, the Lucky Block price is moving within the 9-day and 21-day moving average as the coin reaches the support where it could begin to head to the upside. However, should the price break above the 9-day moving average, the Lucky Block price could experience an upward trend which could hit the resistance level at $0.000200 and above.
Nonetheless, the Lucky Block price can cross below the 21-day moving average to face the lower boundary of the channel which could hit the support at $0.000130 and below. Therefore, the buyers are expected to buy the dips once this comes to focus, the technical indicator Relative Strength Index (14) is seen moving in the same direction below the 50-level, getting ready for a movement to the positive side.
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