Lucky Block Price Prediction: LBLOCK/USD Spikes Above $0.0015 Level
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 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: $0.0020, $0.0022, $0.0024
Support levels: $0.0008, $0.0006, $0.0004
A bullish run may continue to play out as long as LBLOCK/USD increases their entries. The Lucky Block price is currently facing a potential resistance at the $0.0015 level above the 9-day moving average. A break above this barrier would produce a huge green candle towards the upper boundary of the channel, marking resistance at $0.0020, $0.0022, and $0.0024 levels.
Lucky Block Price Prediction: LBLOCK Price Ready for 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 $0.0008, $0.0005, and $0.0004, 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: Ranging (4H Chart)
The Lucky Block price is attempting to cross above the upper boundary of the channel, 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 $0.0013 and below. Meanwhile, a bullish continuation would push the price to the resistance level of $0.0018 and above as the technical indicator Relative Strength Index (14) moves to cross above the 60-level.
Read more:
