Lucky Block Price Prediction: LBLOCK/USD Looks for the Nearest Support; Price Hits $0.000167 Level
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Lucky Block Price Prediction – January 31
The Lucky Block price prediction trades around $0.000153 as the buying pressure could push the market to the upside.
LBLOCK/USD Long-term Trend: Ranging (1D Chart)
Key Levels:
Resistance levels: $0.000240, $0.000250, $0.000260
Support levels: $0.000095, $0.000085, $0.000075
LBLOCK/USD is trading at $0.000153 as the coin struggles to cross above the 21-day moving average. However, the sellers have pushed it to its lowest near $0.000150 within the last 24 hours, 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 Upsides
The Lucky Block price will 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 would be located at $0.000095, $0.000085, and $0.000075.
Nevertheless, the Lucky Block price will begin to move bullishly as the technical indicator Relative Strength Index (14) is ready to cross above the 40-level. Meanwhile, the potential resistance levels at $0.000240, $0.000250, and $0.000260 will come to play as soon as the bulls push the coin to the upside.
LBLOCK/USD Medium-term Trend: Bearish (4H Chart)
According to the 4-hour chart, the Lucky Block price is moving below the 9-day and 21-day moving average as the coin reaches strong support where it could begin to head to the upside. However, should the price break above the upper boundary of the channel, the coin could experience an upward trend which could hit the resistance level at $0.000180 and above.
However, if the bears increase the pressure, the Lucky Block price can head toward the lower boundary of the channel, crossing below this barrier could hit the support at $0.000140 and below. Therefore, the buyers are expected to buy the dips once this comes to play, the technical indicator Relative Strength Index (14) is seen crossing below the 50-level, as the new and existing buyers are expected to buy the dips.
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