Lucky Block Price Prediction: LBLOCK/USD Still Gathering Momentum; More Buyers Are Expected
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Lucky Block Price Prediction – March 23
The Lucky Block price prediction shows that LBLOCK is likely to slide below the 9-day and 21-day moving averages for more buyers to play out.
LBLOCK/USD Medium-term Trend: Ranging (1D Chart)
Key Levels:
Resistance levels: $0.000220, $0.000240, $0.000260
Support levels: $0.000110, $0.000090, $0.0000070
LBLOCK/USD is likely to trade under the 9-day and 21-day moving averages, this is for the market price to prepare for another bullish movement. However, the bulls are gathering momentum as new investors are expected to come into the market.
Lucky Block Price Prediction: LBLOCK/USD Will Spike to the North
The Lucky Block price is trading around $0.000158, and it will break to the upside once the bulls step back into the market, any further bullish movement above the upper boundary of the channel will push the Lucky Block price to the resistance levels of $0.000220, $0.000240, and $0.000260.
However, the market can still become very cheap if the bears bring the coin toward the lower boundary of the channel, and sliding below this barrier could hit the supports at $0.000110, $0.0000090, and $0.0000070. Meanwhile, the technical indicator Relative Strength Index (14) is moving above the 40-level to prepare the coin for upward movement.
LBLOCK/USD Medium-term Trend: Ranging (4H Chart)
According to the 4-hour chart, the Lucky Block price will break above the 9-day and 21-day moving averages. However, the long-term moving averages will bring the bulls into the market while the coin follows the positive direction.
Moreover, if the buyers push the price above the moving averages; higher resistance could be located at $0.000240 and above. Meanwhile, the technical indicator Relative Strength Index (14) remains below the 60-level, indicating that the coin will retreat before moving higher. Therefore, should the bulls fail to move higher, the bears may step back into the market, and the nearest support level could be located at $0.000085 and below.
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