Lucky Block Price Prediction: LBLOCK/USD Remains Stable Above $0.0025
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The Lucky Block price prediction consolidates around $0.0027 as buying pressure is ready to push the market back above the moving averages.
LBLOCK/USD Long-term Trend: Bearish (4H Chart)
Key Levels:
Resistance levels: $0.0040, $0.0045, $0.0050
Support levels: $0.0015, $0.0010, $0.0005
LBLOCK/USD moves to the upside as it prepares to cross above the 9-day and 21-day moving averages. However, the current trend suggests a growth momentum in the coming days, and the buyers are expected to invest more. Meanwhile, the Lucky Block price is hovering at $0.0027 as a bullish movement is expected in the market soon.
Lucky Block Price Prediction: LBLOCK/USD Would Put More Efforts
The Lucky Block price would begin to experience an increasing volume coupled with a bullish regroup in the positive direction. However, should the coin delay its bullish movement, the bear may likely become severe with more downs for the new buyers to enter. However, the next level of support lies at $0.0015, $0.0010, and $0.0005.
Looking at the 4-hour chart, the Lucky Block price would move bullishly as confirmed by the technical indicator Relative Strength Index (14), where the signal line moves away from the oversold region. Therefore, the potential resistance levels at $0.0040, $0.0045, and $0.0050 will come to play as the bulls push the coin back to the upside.
LBLOCK/USD Medium-term Trend: Ranging (2H Chart)
Looking at the 2-hour chart, the Lucky Block price is moving to cross above the 9-day and 21-day moving averages as the coin gets 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 $0.0040 and above.
Meanwhile, LBLOCK/USD would cross above the moving averages but on the contrary, it may likely retreat below the current market value to hit support at $0.0015 and below for more buyers to come into the market. However, the technical indicator Relative Strength Index (14) moves out of the oversold region, which would gradually move to the positive side.
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