Lucky Block Price Prediction: LBLOCK/USD Moves Around $0.000165
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Lucky Block Price Prediction – January 19
The Lucky Block price prediction remains below the moving averages; the coin is waiting for new buyers to come in before moving higher.
LBLOCK/USD Medium-term Trend: Ranging (1D Chart)
Key Levels:
Resistance levels: $0.000240, $0.000260, $0.000280
Support levels: $0.000100, $0.000080, $0.000060
LBLOCK/USD will begin to follow a bullish movement as the coin could move to cross above the 9-day and 21-day moving averages. The current movement is necessary for the coin to reach the resistance level of $000170 while new buyers are expected to enter the market. Therefore, if the sellers bring the market further lower, the support level of $0.000150 can be reached.
Lucky Block Price Prediction: LBLOCK Can Retreat to Move Higher
The Lucky Block price is hovering below the 9-day and 21-day moving averages, if the coin retreats and crosses below the lower boundary of the channel, this could be a good opportunity for the existing buyers to buy the dip while the new buyers are expected to invest in the coin. Moreover, the technical indicator Relative Strength Index (14) is seen below the 40-level. Any further bearish movement may locate the supports at $0.000100, $0.000080, and $0.000060.
Furthermore, if the buyers hold the current market value and push it to cross above the 9-day and 21-day moving averages; any further bullish movement could hit the resistance levels at $0.000240, $0.000220, and $0.000280 respectively.
LBLOCK/USD Medium-term Trend: Bearish (4H Chart)
On the 4-hour chart, the Lucky Block (LBLOCK) ranges as the buyers are preparing to come into the market if the coin spike above the 9-day and 21-day moving averages. LBLOCK/USD is trading near the resistance level of $0.000170.
Furthermore, the buyers are getting ready to spike above the upper boundary of the channel, higher resistance could be located at $0.000190 and above, but any bearish movement could hit the support at $0.000150 and below while the technical indicator Relative Strength Index (14) faces the 35-level.
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