Lucky Block Price Prediction: LBLOCK/USD Moves to the Upside as Price Touches $0.0000960

Lucky Block Price Prediction – August 20

The Lucky Block price prediction shows that LBLOCK could break above the resistance level of $0.000090 if the bulls increase the buying pressure.

LBLOCK/USD Medium-term Trend: Ranging (1D Chart)

Key Levels:

Resistance levels: $0.000120, $0.000130, $0.000140

Support levels: $0.000070, $0.000060, $0.000050

LBLOCK/USD is preparing for a move higher as the coin trades around $0.000094. The current market movement is necessary for the entry of new investors into the market. Therefore, if the sellers push the market lower, the bears can look for immediate support around the $0.000090 level.

Lucky Block Price Prediction: LBLOCK/USD Gets Ready for a Rebound

The Lucky Block price is below the 9-day and 21-day moving averages; the coin is preparing for a bullish movement as this would be a good opportunity for existing buyers. Meanwhile, the Relative Strength Index (14) technical indicator is moving above the 40-level, any bearish cross below the lower boundary of the channel could hit the supports at $0.000070, $0.000060, and $0.000050.

However, should the buyers push it above the upper boundary of the channel, the bulls can look forward to the potential resistance levels at $0.000120, $0.000140, and $0.000150.

LBLOCK/USD Medium-term Trend: Ranging (4H Chart)

On the 4-hour chart, the Lucky Block (LBLOCK) moves to cross below the 9-day moving average as the buyers are coming into the market, which could push the coin to cross above the channel’s upper boundary.

Looking at the market, the buyers are making an effort to return to the market and any further bullish movement to the upside could hit the resistance level at $0.000103 and above, but if the coin slide below the moving averages, it could touch the support at $0.000085 and below, but the technical indicator Relative Strength Index (14) could move to cross below the 50-level.

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