Lucky Block Price Prediction: LBLOCK/USD Range-bounds; Price Touches $0.000175 Resistance
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Lucky Block Price Prediction – January 15
The Lucky Block price prediction reveals that the bulls will begin to increase their momentum as the price moves to cross above the moving averages.
LBLOCK/USD Medium-term Trend: Ranging (1D Chart)
Key Levels:
Resistance levels: $0.000260, $0.000280, $0.00300
Support levels: $0.000100, $0.000080, $0.000060
At the time of writing, LBLOCK/USD is moving sideways as the coin prepares to break above the 9-day and 21-day moving averages. Meanwhile, according to the chart, the bullish momentum is coming to play, and the bullish pressure could break the $0.000200 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 $0.000174 where it will make a cross above the 9-day and 21-day moving averages. However, as soon as the coin begins the upward movement, it will face the upper boundary of the channel and will locate the potential resistance levels at $0.000260, $0.000280, and $0.000300, while the support levels could be found at $0.000100, $0.000080, and $0.000060 for old buyers to buy the dip. The technical indicator Relative Strength Index (14) moves to cross above the 40-level, preparing the market for the bullish movement.
LBLOCK/USD Medium-term Trend: Bearish (4H Chart)
The Lucky Block price moves to cross above the 9-day moving average range-bounding. The technical indicator Relative Strength Index (14) is likely to cross above the 40–level as the coin prepares for upward movement. However, any bullish movement towards the upper boundary of the channel could reach the resistance level at $0.000200 and above.
Moreover, LBLOCK/USD will begin to display some bullish signals immediately after the sideways movement, and once this happens, the market price may head to the upside, but if the price drops and cross below the lower boundary of the channel, it could touch the nearest support at $0.000150 and below.
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