Lucky Block Price Prediction: LBLOCK/USD Moves Near $0.0015 Level
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The chart reveals that the Lucky Block price prediction is getting ready for a cross above the 21-day moving average.
LBLOCK/USD Medium-term Trend: Ranging (12H Chart)
Key Levels:
Resistance levels: $0.0022, $0.0024, $0.0026
Support levels: $0.0004, $0.0003, $0.0001
LBLOCK/USD is trading above the 9-day day moving average. Meanwhile, the bullish momentum would push the coin towards the resistance level of $0.0015, and should the bulls fail to push the price upward, the Lucky block price may retreat below the channel.
Lucky Block Price Prediction: LBLOCK/USD Gets Ready for The Upside
The Lucky Block price is hovering at $0.0013 where it aims to cross above the 21-day moving average within the channel. However, as the coin spikes to the north, it would locate the potential resistance levels at $0.0022, $0.0024, and $0.0026 but any bearish cross below the lower boundary of the channel may hit the supports at $0.0004, $0.0003, and $0.0001. The technical indicator Relative Strength Index (14) moves above 40-level to confirm the bullish movement.
LBLOCK/USD Medium-term Trend: Bearish (4H Chart)
On the 4-hour chart, LBLOCK/USD spikes above the 9-day and 21-day moving averages as the technical indicator Relative Strength Index (14) moves to cross above the 60-level. Moreover, any further bullish movement above the current market value at $0.0013 could hit the potential resistance level at $0.0015 and above.
On the contrary, LBLOCK/USD may retreat below the moving averages, so once this comes to focus, it could touch the critical support at $0.0009 and below as the new buyers are expected to come into the market.
