Lucky Block Price Prediction: LBLOCK/USD Moves to the Upside
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According to the 12-hour chart, the Lucky Block price prediction rides the bulls as traders are having a great moment ahead.
LBLOCK/USD Long-term Trend: Ranging (12H Chart)
Key Levels:
Resistance levels: $0.0030, $0.0035, $0.0040
Support levels: $0.0010, $0.0008, $0.0005
A bullish run may continue to play out as long as LBLOCK/USD increases their entries. Following the recent price, LBLOCK/USD is currently facing a potential resistance level at the $0.0025 level above the 9-day moving average. A break above the barrier would produce a huge green candle towards the upper boundary of the channel, marking resistance at $0.0030, $0.0035, and $0.0040 levels.
Lucky Block Price Prediction: LBLOCK Price Faces the North
The Lucky Block price is moving bullishly as the coin crosses above the 9-day and 21-day moving averages. On the contrary, a slight retreat may bring the market to cross back to the south with a possible break down to the support levels of $0.0010, $0.0008, and $0.0005, which could give room for the new buyers to enter the market. Looking at the chart positively, the technical indicator Relative Strength Index (14) moves to cross the 45-level to increase the bullish movement.
LBLOCK/USD Medium-term Trend: Ranging (4H Chart)
The Lucky Block price is attempting to cross above the upper boundary of the channel, but as it appeared, there’s a low amount of buying pressure in the market which is why the price is finding it difficult to gain more upsides but this could be a good opportunity for new investors to come into the market.
Nevertheless, if the bears try to break down the price, one would expect the market to touch the support level of $0.0016 and below. Meanwhile, a bullish continuation would push the price to the resistance level of $0.0025 and above as the technical indicator Relative Strength Index (14) moves to cross above the 60-level.
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