Lucky Block Price Prediction: LBLOCK/USD Looks Promising as Price Breaks to the Upside
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Lucky Block Price Prediction – December 30
Looking at the 4-hour chart, the Lucky Block price rides the bulls as traders are ready to have a great moment ahead.
LBLOCK/USD Long-term Trend: Ranging (4H Chart)
Key Levels:
Resistance levels: $0.000270, $0.000290, $0.000310
Support levels: $0.000150, $0.000130, $0.000110
As LBLOCK/USD trading volume increases gradually, a bullish run will begin to play out within the channel in the next positive direction. Following the recent price, LBLOCK/USD is currently facing a potential resistance at the $0.000220 level, which is already above the 21-day moving average. Meanwhile, a break above the 9-day moving average will produce a huge green candle towards the upper boundary of the channel, which could hit the resistance levels at $0.000270, $0.000290, and $0.000310.
Lucky Block Price Prediction: LBLOCK (Price) Begins the Upward Movement
The Lucky Block price moves bullishly as the coin begins a new upward movement, but if the bears step back and roll the market back to the downside with a possible break down to $0.000150, $0.000130, and $0.000110 supports. Nevertheless, this could give new buyers the opportunity to come into the market, and the existing buyers could buy the dips. The technical indicator Relative Strength Index (14) is moving to cross above the 60-level, suggesting bullish movement.
LBLOCK/USD Medium-term Trend: Ranging (2H Chart)
The Lucky Block price is moving within the 9-day and 21-day moving averages, but with the look of things, there’s a low amount of buying pressure in the market, which is why the price is finding it difficult to gain more upsides.
Moreover, if bears try to break down the price, one would expect the market to touch the support level of $0.000160 and below. Meanwhile, a bullish continuation would push the price to the resistance level of $0.000270 and above as the technical indicator Relative Strength Index (14) moves to cross above the 60-level.
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