Lucky Block Price Prediction: LBLOCK/USD Ready for Another Spike above $0.0050
Estimated Reading Time: 3 minutes
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The Lucky Block price prediction consolidates around $0.00460 as buying pressure is ready to bring the market back above the 9-day moving average.
LBLOCK/USD Long-term Trend: Bullish (30 Minutes Chart)
Key Levels:
Resistance levels: $0.00530, $0.00550, $0.00570
Support levels: $0.00400, $0.00380, $0.00360
LBLOCK/USD is ready to spike to the north as the coin prepares to recover above the 9-day and 21-day moving averages. However, the current price trend suggests a growth momentum in the coming days, and the buyers are implored to invest more. Meanwhile, the Lucky Block price is hovering at $0.00520, but a bullish movement is expected in the market soon.
Lucky Block Price Prediction: LBLOCK Would Still Retain the Upside
If the Lucky Block price can experience an increasing volume coupled with a bullish regroup, LBLOCK/USD may start to correct gain significantly on the upside. Otherwise, the bear pressure may likely become severe with more losses for the new buyers to enter. However, the next level of support lies at $0.0040, $0.00380, and $0.00360.
Looking at the chart, the Lucky Block price may continue the bullish movement as the coin prepares to hit the potential resistance levels at $0.00530, $0.00550, and $0.00570. The technical indicator Relative Strength index (14) makes a quick retreat around 60-level which may likely give more positive signals in the nearest term.
LBLOCK/USD Medium-term Trend: Bullish (15 Minutes Chart)
Looking at the 15-minute chart, the Lucky Block is heading towards the 9-day and 21-day moving averages as revealed in the chart, but the coin is getting ready for the upward movement. Therefore, should the price break towards the upper boundary of the channel, the market may experience an upward trend which could touch the resistance level at $0.00570 and above.
Meanwhile, LBLOCK/USD stays above the moving averages, it may likely cross below this barrier to hit support at $0.00465 and below. However, the technical indicator Relative Strength Index (14) moves around 54-level, which may keep the coin on the positive side.
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