Lucky Block Price Prediction: LBLOCK/USD Range-bounds as Price Prepares for the Upside
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Lucky Block Price Prediction – April 30
The Lucky Block price prediction shows the LBLOCK could gain pace as soon as it crosses above the 9-day and 21-day moving averages.
LBLOCK/USD Medium-term Trend: Ranging (1D Chart)
Key Levels:
Resistance levels: $0.000260, $0.000280, $0.000300
Support levels: $0.000100, $0.000080, $0.000060
LBLOCK/USD is ranging after touching the resistance level of $0.000187 a few hours ago. The Lucky Block price is currently hovering below the 9-day and 21-day moving averages while the signal line of the technical indicator Relative Strength Index (14) moves below the 50-level.
Lucky Block Price Prediction: LBLOCK Bulls Will Dominate the Market
The Lucky Block price is preparing for the bullish movement as the buyers regroup to increase the buying pressure. Meanwhile, if the coin maintains the bullish movement, it will head toward the upper boundary of the channel where it can hit the resistance levels of $0.000260, $0.000280, and $0.000300. On the downside, if the Lucky Block price slides below the lower boundary of the channel, it could reach the support levels at $0.000100, $0.000080, and $0.000060.
LBLOCK/USD Medium-term Trend: Bullish (4H Chart)
LBLOCK/USD is trading within the 9-day and 21-day moving averages, the technical indicator Relative Strength Index (14) could move above the 50-level. On the contrary, a possible bearish drop could surface and any further bearish movement below the lower boundary of the channel could bring the coin to the support level of $0.000160 and below.
However, if the bulls push the coin higher, the LBLOCK price can cross above the upper boundary of the channel. Once this comes to focus, the market price would hit the resistance level of $0.000210 and above. Moreover, the trading volume is coming up slowly and will begin to climb higher if the technical indicator moves to the positive side.
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