Lucky Block Price Prediction: LBLOCK/USD Testing $0.000030 Resistance
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Lucky Block Price Prediction – October 3
The Lucky Block price prediction suggests that bullish momentum is building as the coin approaches a potential breakout above the key 9-day moving average.
LBLOCK/USD Long-term Trend: Ranging (1D Chart)
Key Levels:
Resistance levels: $0.000055, $0.000057, $0.000059
Support levels: $0.000004, $0.000003, $0.000002
LBLOCK/USD is consolidating, preparing to breach the 9-day moving average. The daily chart signals the emergence of bullish sentiment, which could potentially break the $0.000030 resistance level. However, if the bulls fail to gain upward traction, the Lucky Block price might head lower, allowing new buyers to enter the market.
Lucky Block Price Prediction: LBLOCK/USD Bulls in Focus
Currently trading at $0.000028, the Lucky Block price is on the cusp of crossing above the 9-day moving average. Once the coin embarks on an upward trajectory, it may breach the upper boundary of the channel, which could locate the resistance levels at $0.000055, $0.000057, and $0.000059.
However, if the coin slides below the lower boundary of the channel, support levels could be found at $0.000004, $0.000003, and $0.000002, which could provide potential buying zones for the existing investors. Meanwhile, the bulls could dominate the market if they increase the buying pressure.
LBLOCK/USD Medium-term Trend: Bearish (4H Chart)
The Lucky Block price is striving within the 9-day and 21-day moving average as the coin moves in the same direction. However, the buyers could increase the momentum if the coin hits the nearest resistance level at $0.000050. Moreover, this could be the best time for new buyers to invest in the coin as it may gear up for an upward push.
On that note, an upward breakout above the upper boundary of the channel could lead to the resistance at $0.000065 and higher. Furthermore, signs of a bullish reversal are likely to emerge after the ongoing sideways movement. Meanwhile, in the event of an upward surge, the market price could ascend. Conversely, a drop toward the lower boundary of the channel could bring LBLOCK/USD closer to the nearest support at $0.000005 and below.
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