Lucky Block Price Prediction: LBLOCK/USD Ready for a Bullish Spike Above $0.000220
Estimated Reading Time: 3 minutes
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Lucky Block Price Prediction – December 11
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 (4H Chart)
Key Levels:
Resistance levels: $0.000300, $0.000320, $0.000340
Support levels: $0.000150, $0.000130, $0.000110
According to the 4-hour chart, LBLOCK/USD is heading to the upside as the coin prepares to cross above the 9-day and 21-day moving averages by touching the daily high at $0.000220. A break above this barrier could make the coin trade near the resistance of $0.000250. However, the Lucky Block price will rise to the upside if buyers successfully push the coin above the moving averages.
Lucky Block Price Prediction: LBLOCK/USD Will Head to the Upside
The Lucky Block price will reclaim the resistance level of $0.000250 and any further bullish movement toward the upper boundary of the channel could hit the potential resistance levels at $0.000300, $0.000320, and $0.000340. However, as the technical indicator Relative Strength Index (14) moves to cross above the 50-level, the coin could gain more upsides but if the coin decides to retreat a little bit, the support levels of $0.000150, $0.000130, and $0.000110 could be found, and this could be the best time for the investor to invest in the coin.
LBLOCK/USD Medium-term Trend: Ranging (2H Chart)
The Lucky Block price is hovering below the 9-day and 21-day moving averages, aiming for upward movement. The technical indicator Relative Strength Index (14) is moving below the 50-level, therefore, this could be the best for buyers to re-invest and the new buyers to enter the market.
However, if the bulls push the market price above the upper boundary of the channel, the Lucky Block would hit the potential resistance level of $0.000250 and above. On the contrary, any bearish movement below the lower boundary of the channel may locate the support level of $0.000190 and below.
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