Lucky Block Price Prediction: LBLOCK/USD Spikes Above $0.0005 Level
Estimated Reading Time: 2 minutes
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
Lucky Block Price Prediction – August 12
The 12-hour chart reveals that the Lucky Block price rides the bulls as traders are preparing for a great moment ahead.
LBLOCK/USD Long-term Trend: Bearish (12H Chart)
Key Levels:
Resistance levels: $0.0008, $0.0009, $0.0010
Support levels: $0.00035, $0.00030, $0.00025
A bullish run will begin to play out as long as LBLOCK/USD crosses above the 9-day moving averages. The Lucky Block price will be facing a potential resistance at the $0.0006 level above the 9-day moving average. A break above this barrier would produce a green candle towards the upper boundary of the channel, reaching the resistance levels at $0.00035, $0.00030, and $0.00025.
Lucky Block Price Prediction: LBLOCK Price Will Break To The Upside
The Lucky Block price is moving bullishly at the time of writing, aiming to cross above the 9-day and 21-day moving averages. On the other hand, a slight retreat below the lower boundary of the channel may bring the market below the lower boundary of the channel with a possible break to the supports at $0.00035, $0.00030, and $0.00025, giving room for the new buyers to come into the market. Positively, the technical indicator Relative Strength Index (14) remains within the oversold region, which will break to the upside.
LBLOCK/USD Medium-term Trend: Bearish (4H Chart)
The Lucky Block price is seen heading towards the 9-day and 21-day moving averages, but as it appeared, there’s a low amount of buying pressure in the market, which is why the price is finding it difficult to gain more upsides.
Moreover, if bears try to break down the price, one would expect the market to touch the support level of $0.00038 and below. Meanwhile, a bullish continuation would push the price to the resistance level of $0.00070 and above as the technical indicator Relative Strength Index (14) moves in the same direction.
You can purchase Lucky Block here. Buy LBLOCK
