Lucky Block Price Prediction: LBLOCK/USD Price Ready for A Spike Above $0.0008
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The Lucky Block price prediction shows that LBLOCK is heading to the upside for the confirmation of the bullish movement.
LBLOCK/USD Medium-term Trend: Ranging (12H Chart)
Key Levels:
Resistance levels: $0.0010, $0.0011, $0.0012
Support levels: $0.0006, $0.0005, $0.0004
LBLOCK/USD becomes cheap for new buyers and existing buyers to invest more into the coin. Certainly, a break into the resistance level of $0.0009 will propel the Lucky Block to rally above the 9-day and 21-day moving averages or trade near the resistance of $0.0010; LBLOCK/USD will rise to the upside if buyers are successful.
Lucky Block Price Prediction: LBLOCK/USD Retreats to Rebound
According to the 12-hour chart, the Lucky Block price will reclaim the resistance level of $0.009 as the buyers are to push the coin to the potential resistance levels of $0.0010, $0.0011, and $0.0012. However, as the technical indicator Relative Strength Index (14) stays below the 40-level, if the coin decides to retreat a little bit, the support levels of $0.0006, $0.0005, and $0.0004 may be found, and this could be the best time for the investor to invest in the coin.
LBLOCK/USD Medium-term Trend: Ranging (4H Chart)
The Lucky Block price is heading towards the 9-day and 21-day moving averages, after which it could cross above the upper boundary of the channel. The technical indicator Relative Strength Index (14) is preparing to recover from the oversold region, therefore, this could be the best for buyers to re-invest and the new buyers to enter the market.
Moreover, if the bulls push the market price above the nearest resistance level of $0.0009, the Lucky Block would hit the potential resistance level of $0.00095 and above. On the contrary, any bearish movement below the lower boundary of the channel may locate the support level of $0.0007 and below.
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