Lucky Block Price Prediction: LBLOCK/USD Moves Around $0.00043 Level
Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you are unlikely to be protected if something goes wrong. Take 2 minutes to learn more
Free Crypto Signals Channel
Free Telegram Channel
The Lucky Block price prediction consolidates around $0.00043 as buying pressure is ready to push the market back above the moving averages.
LBLOCK/USD Long-term Trend: Ranging (4H Chart)
Key Levels:
Resistance levels: $0.00065, $0.00075, $0.00085
Support levels: $0.0003, $0.0002, $0.0001
LBLOCK/USD moves to the north 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 $0.00043 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 coupled with a bullish regroup, LBLOCK/USD would begin to correct gain significantly on the upside as shown on the 4-hour chart. If the coin remains below the moving averages, the bear may become severe with more downs for the new buyers to enter. However, the next level of support lies at $0.0003, $0.0002, and $0.0001.
Moreover, the crypto would begin the bullish movement as the coin prepares to hit the potential resistance levels at $0.00065, $0.00075, and $0.00085. The technical indicator Relative Strength Index (14) stays within the oversold region to give more buyers the opportunity to come into the market.
LBLOCK/USD Medium-term Trend: Bearish (1H Chart)
Looking at the 1-hour chart, the Lucky Block price is hovering within the 9-day and 21-day moving averages, but the coin is getting ready for the upward movement as it moves toward 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 $0.00050 and above.
Nevertheless, if the market price fails to cross above the moving averages, it can cross below the lower boundary of the channel to hit support at $0.00040 and below. Meanwhile, the technical indicator Relative Strength Index (14) is moving to cross above the 40-level, which will gradually move to the positive side.
You can purchase Lucky Block here. Buy LBLOCK
