Lucky Block Price Prediction: LBLOCK/USD Retreats Below $0.0010; Time to Buy the Dip
Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you are unlikely to be protected if something goes wrong. Take 2 minutes to learn more
Free Crypto Signals Channel
The Lucky Block price prediction drops below the 9-day and 21-day moving averages; the price becomes cheaper for new buyers.
LBLOCK/USD Medium-term Trend: Ranging (12H Chart)
Key Levels:
Resistance levels: $0.0017, $0.0019, $0.0021
Support levels: $0.0004, $0.0003, $0.0002
LBLOCK/USD is preparing for the next bullish movement as the coin slides below $0.0010. This is necessary for the coin to reach the higher resistance levels and for the existing buyers to buy the dip. Therefore, if the sellers push the market further lower, bears can expect immediate support to be located towards the lower boundary of the channel.
Lucky Block Price Prediction: LBLOCK/USD Ready for a Retracement
At the time of writing, the Lucky Block price consolidates below the 9-day and 21-day moving averages, this would be a good opportunity for the existing buyers to buy the dip should the coin falls more. Moreover, the technical indicator Relative Strength Index (14) moves to cross below 40-level. Beneath this, further supports could be found at $0.0004, $0.0003, and $0.0002.
Quite the reverse, if the buyers hold the current market value and push it to the upside, the bulls can expect across above the upper boundary of the channel, and any further bullish movement may hit the resistance levels at $0.0017, $0.0019, and $0.0021.
LBLOCK/USD Medium-term Trend: Ranging (4H Chart)
On the 4-hour chart, the Lucky Block (LBLOCK) continues to consolidate below the 9-day and 21-day moving averages as the coin moves to cross below the lower boundary of the channel, which could give the new and existing buyers to invest more.
From above, buyers are gaining momentum as they are ready to spike above the moving averages, higher resistance could be located above the upper boundary of the channel at $0.0011 and above. Therefore, any bearish movement below the channel could hit the support level at $0.0008 and below while the technical indicator Relative Strength Index (14) moves to cross into the oversold region.
You can purchase Lucky Block here. Buy LBlock