Lucky Block Price Prediction: LBLOCK/USD Moves Around $0.000159 Level
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Lucky Block Price Prediction – November 16
The Lucky Block price prediction shows that LBLOCK keeps hovering around $0.00045 as buying pressure resumes back into the market.
LBLOCK/USD Long-term Trend: Bearish (4H Chart)
Key Levels:
Resistance levels: $0.000200, $0.000220, $0.000240
Support levels: $0.000130, $0.000110, $0.000090
LBLOCK/USD moves to the east as the coin prepares to recover above the 9-day moving average. However, the current trend suggests a growth momentum in the coming days, and the buyers are implored to invest more. Meanwhile, the Lucky Block price is hovering at $0.000159 as a bullish movement is expected in the market soon.
Lucky Block Price Prediction: LBLOCK Would Move to the Upside
The Lucky Block price will experience an increasing volume as the bulls resume back into the market, LBLOCK/USD would begin to correct gain significantly on the upside as shown on the 4-hour chart. If the coin remains within the moving averages, the bear may become severe with more downs for the new buyers to enter, and the next level of support lies at $0.000130, $0.000110, and $0.000090.
Moreover, the Lucky Block price would begin the bullish movement as the coin prepares to cross above the upper boundary of the channel so that it can hit the potential resistance levels at $0.000200, $0.000220, and $0.000240. The technical indicator Relative Strength Index (14) is seen moving in the same direction below the 59-level, suggesting sideways movement in the nearest term.
LBLOCK/USD Medium-term Trend: Bearish (2H Chart)
Looking at the 2-hour chart, the Lucky Block price is hovering within the 9-day and 21-day moving averages, but the coin is getting ready for upward movement as it could move to cross above the upper boundary of the channel. Therefore, should the price break above this barrier, the market will experience an upward trend which could touch the resistance level at $0.000200 and above.
Nevertheless, if the Lucky block price fails to cross above the channel, it can slide below the 21-day moving average to hit support at $0.000130 and below. Meanwhile, the technical indicator Relative Strength Index (14) is moving to cross above the 50-level, which will gradually move to the positive side.
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