Lucky Block Price Prediction: LBLOCK/USD Moves Near $0.0010 Level
Estimated Reading Time: 2 minutes
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The chart reveals that the Lucky Block price prediction is getting ready for a cross above the moving averages.
LBLOCK/USD Medium-term Trend: Ranging (12H Chart)
Key Levels:
Resistance levels: $0.0012, $0.0013, $0.0015
Support levels: $0.0008, $0.0007, $0.0006
At the time of writing, LBLOCK/USD is trading towards the 9-day day and 21-day moving averages. However, the bullish momentum would push the coin towards the resistance level of $0.0010, and should the bulls fail to push the price upward, the Lucky block price may retreat towards the channel.
Lucky Block Price Prediction: LBLOCK/USD Faces The Upside
The Lucky Block price is hovering at $0.0009 where it aims to cross above the moving averages. However, as the coin spikes to the north, it would locate the potential resistance levels at $0.0012, $0.0013, and $0.0015 but any bearish cross below the lower boundary of the channel may hit the supports at $0.0008, $0.0007, and $0.0006. The technical indicator Relative Strength Index (14) will move above 50-level to confirm the bullish movement.
LBLOCK/USD Medium-term Trend: Ranging (4H Chart)
On the 4-hour chart, LBLOCK/USD moves toward the 9-day and 21-day moving averages as the technical indicator Relative Strength Index (14) hovers around the 40-level. Any further bullish movement above the current market value at $0.0009 could hit the potential resistance level at $0.0011 and above.
On the contrary, LBLOCK/USD may retreat below the lower boundary of the channel, so once this comes to focus, it could touch the critical support at $0.0008 and below as new buyers are expected to come into the market.
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