Lucky Block Price Prediction: LBLOCK/USD Ranges as Price Hovers Around $0.000027 Level
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Lucky Block Price Prediction – November 9
The Lucky Block price prediction reveals that LBLOCK keeps ranging within the moving averages; new buyers are to come in before moving higher.
LBLOCK/USD Medium-term Trend: Ranging (1D Chart)
Key Levels:
Resistance levels: $0.000060, $0.000062, $0.000064
Support levels: $0.000003, $0.000002, $0.000001
LBLOCK/USD will face the bullish movement as soon as the bulls increase the pressure. However, the coin will spike above the 9-day and 21-day moving averages to touch the nearest resistance level of $0.000030. Moreover, the current movement is essential for the coin so that it can reach the resistance level of $000050 as new buyers are expected to enter the market. Meanwhile, if the sellers bring the market further lower toward the lower boundary of the channel, the support level of $0.000020 could be reached.
Lucky Block Price Prediction: LBLOCK Continues to Move Sideways
The Lucky Block price is moving in the same direction around the 9-day and 21-day moving averages. However, if the coin retreats and heads toward the south, this could be a good opportunity for the existing buyers to buy the dip while the new buyers invest in the coin. Nevertheless, the 9-day MA is likely to cross above the 21-day MA, which could welcome the bullish movement into the market. Therefore, any bearish movement may locate the supports at $0.000030, $0.000020, and $0.000010.
Nevertheless, if the buyers hold the current market value and push it toward the upper boundary of the channel, the bulls can break above the upper boundary of the channel, and any further bullish movement could hit the resistance levels at $0.000280, $0.000300, and $0.000320 respectively.
LBLOCK/USD Medium-term Trend: Ranging (4H Chart)
On the 4-hour chart, the Lucky Block price ranges as the buyers are preparing to come into the market by crossing above the 9-day moving average. LBLOCK/USD is trading near the resistance level of $0.000280.
Moreover, the buyers are getting ready to cross above the moving averages, higher resistance could be located at $0.000320 and above, but any bearish movement could hit the support at $0.000240 and below but the 9-day MA remains above the 21-day MA, suggesting that the market will head toward the upside.
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