Lucky Block Price Prediction: LBLOCK/USD Moves to Break Above $0.000175
Estimated Reading Time: 3 minutes
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
Lucky Block Price Prediction – January 21
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: $0.000250, $0.000270, $0.000290
Support levels: $0.000100, $0.000080, $0.000060
LBLOCK/USD will begin to follow a bullish movement as soon as the coin crosses above the 9-day and 21-day moving averages. The current movement is necessary for the coin to reach the resistance level of $000200 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
At the time of writing, the Lucky Block price is hovering below the 9-day and 21-day moving averages. If the coin retreats and heads toward the lower boundary of the channel, it will 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 above 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, the bulls can break above the upper boundary of the channel, and any further bullish movement could hit the resistance levels at $0.000250, $0.000270, and $0.000290 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 by crossing above the upper boundary of the channel. LBLOCK/USD is trading near the resistance level of $0.000180.
However, the buyers are getting ready to spike above the upper boundary of the channel, higher resistance could be located at $0.000200 and above, but any bearish movement could hit the support at $0.000150 and below as the technical indicator Relative Strength Index (14) moves around the 50-level.
You can purchase Lucky Block here. Buy LBLOCK
