Lucky Block Price Prediction: LBLOCK/USD Range-bounds as Price Trades Near $0.000270
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Lucky Block Price Prediction – April 20
The Lucky Block price prediction reveals that the bulls will begin to increase their momentum as the price moves to cross above the channel.
LBLOCK/USD Medium-term Trend: Ranging (1D Chart)
Key Levels:
Resistance levels: $0.000300, $0.000320, $0.00340
Support levels: $0.000090, $0.000070, $0.000050
LBLOCK/USD is moving sideways as the coin breaks above the 9-day and 21-day moving averages to touch the daily high of $0.000268. Meanwhile, the bullish momentum is coming to play, and the bullish pressure could break the $0.000270 resistance. Nevertheless, if the bulls fail to push the price to the upside, the Lucky Block price could head to the east, allowing new buyers to enter the market.
Lucky Block Price Prediction: LBLOCK/USD Will Face the Upside
The Lucky Block price is changing hands at $0.000196 where it will make a cross above the upper boundary of the channel. However, if the coin begins the upward movement, it will make a bullish cross above the upper boundary of the channel and will locate the potential resistance levels at $0.000300, $0.000320, and $0.000340, while the support levels could be found at $0.000090, $0.000070, and $0.000050 for old buyers to buy the dip. The technical indicator Relative Strength Index (14) is moving above the 40-level, preparing the market for the bullish movement.
LBLOCK/USD Medium-term Trend: Ranging (4H Chart)
The Lucky Block price spikes above the 9-day moving average to touch the daily high at $0.000201. The technical indicator Relative Strength Index (14) will cross above the 60–level to prepare the Lucky Block for the upward movement. Therefore, any further bullish movement above the channel could reach the resistance level at $0.000230 and above.
Moreover, LBLOCK/USD will continue to display some bullish signals immediately after the sideways movement, and once this happens, the market price will head to the upside, but if the price drops and crosses below the lower boundary of the channel, it could touch the nearest support at $0.000170 and below.
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