Lucky Block Price Prediction: LBLOCK/USD Slides to $0.0011; Best Time to Buy
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
Free Telegram Channel
The Lucky Block price prediction retreats below the support level of $0.0020; the price becomes cheaper for new buyers to come into the market.
LBLOCK/USD Medium-term Trend: Ranging (1D Chart)
Key Levels:
Resistance levels: $0.0030, $0.0032, $0.0034
Support levels: $0.0005, $0.0003, $0.0001
LBLOCK/USD will soon be heading to the upside after the coin retreats below $0.0020. This is necessary for the coin to reach higher resistance levels and for the existing buyers to come into focus. Meanwhile, if the sellers push the market further lower, bears can expect immediate support to be located below the lower boundary of the channel.
Lucky Block Price Prediction: LBLOCK/USD Ready for a Spike
The Lucky Block price is can consolidate below the channel as 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) slides below 40-level. Beneath this, further supports could be found at $0.0005, $0.0003, and $0.0001.
On the contrary, if the buyers begin to push the market price to the upside, the bulls can expect to above the upper boundary of the channel, and any further bullish movement could hit the resistance levels at $0.0030, $0.0032, and $0.0034.
LBLOCK/USD Medium-term Trend: Bullish (4H Chart)
On the 4-hour chart, the Lucky Block (LBLOCK) remains below the 9-day and 21-day moving averages as the coin trades at $0.00139. Looking at the chart, the buyers are getting ready to reclaim the resistance level of $0.0015 and push the coin towards the moving averages.
However, LBLOCK/USD will face the upside as the higher resistance level could be located before the upper boundary of the channel at $0.0021 and above, but any bearish movement below the lower boundary of the channel could hit the support at $0.0008 and below as the technical indicator Relative Strength Index (14) crosses into the oversold region for the existing buyers to buy the dip.
You can purchase Lucky Block here. Buy LBLOCK
