Lucky Block Price Prediction: LBLOCK/USD Spikes Above $0.0015 Level
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The 12-hour chart reveals that the Lucky Block price prediction rides the bulls as traders are preparing for a great moment ahead.
LBLOCK/USD Long-term Trend: Ranging (12H Chart)
Key Levels:
Resistance levels: $0.0024, $0.0026, $0.0028
Support levels: $0.0009, $0.0007, $0.0005
A bullish run will continue to play out as long as LBLOCK/USD increases their entries. The Lucky Block price is currently facing a potential resistance at the $0.0016 level above the 9-day moving average. A break above the 21-day moving average would produce a huge green candle towards the upper boundary of the channel, marking resistance at $0.0024, $0.0026, and $0.0028 levels.
Lucky Block Price Prediction: LBLOCK Price Moves to the Upside
The Lucky Block price is moving bullishly as the coin crosses above the 9-day MA, aiming to cross above the 21-day MA. On the other hand, a slight retreat may bring the market below the lower boundary of the channel with a possible break to the supports at $0.0009, $0.0007, and $0.0005, giving room for the new buyers to enter. Looking at it positively, the technical indicator Relative Strength Index (14) moves to cross above 40-level, suggesting bullish movement.
LBLOCK/USD Medium-term Trend: Bearish (4H Chart)
The Lucky Block price is hovering above 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 could not gain more upsides for now.
Moreover, if bears try to bring the price below the lower boundary of the channel, one would expect the market to touch the support level of $0.0013 and below. Meanwhile, a bullish continuation would push the price to the resistance level of $0.0020 and above as the technical indicator Relative Strength Index (14) moves to cross above the 40-level.
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