Lucky Block Price Prediction: LBLOCK/USD Touches $0.000138 Low; Price Ready for the Upside
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Lucky Block Price Prediction – May 10
The Lucky Block price prediction shows that LBLOCK is hovering around $0.000161 as the buying pressure gathers for the upside.
LBLOCK/USD Long-term Trend: Ranging (1D Chart)
Key Levels:
Resistance levels: $0.000250, $0.000270, $0.000290
Support levels: $0.000080, $0.000060, $0.000040
LBLOCK/USD is trading around $0.000161 as the coin gets ready for the upward movement. The current trend suggests that a bullish movement is coming into focus as soon as the coin crosses above the 9-day and 21-day moving averages. Therefore, both the new and the existing buyers are expected to invest more in the coin.
Lucky Block Price Prediction: LBLOCK/USD Will Head to the North
The Lucky Block price would begin to experience an increasing volume coupled with a bullish regroup in the positive direction. However, should the coin delay its bullish movement, the bears could become severe with more downs for the new investors to enter. However, the next levels of support could lie at $0.000080, $0.000060, and $0.000040.
Nevertheless, the Lucky Block price would move bullishly as the technical indicator Relative Strength Index (14) moves to cross above the 50-level. Meanwhile, the potential resistance levels at $0.000250, $0.000270, and $0.000290 will come to play if the coin trades bullishly.
LBLOCK/USD Medium-term Trend: Bearish (4H Chart)
The 4-hour chart shows that the Lucky Block price is crossing above the 9-day and 21-day moving averages as the coin prepares for the bullish movement. However, should the market price break above the upper boundary of the channel; it could touch the resistance level of $0.000190 and above.
However, if the bulls put more pressure, LBLOCK/USD would spike to the upside but on the contrary, the Lucky Block price can retreat and head toward the lower boundary of the channel to hit the support at $0.000130 and below. Meanwhile, the technical indicator Relative Strength Index (14) moves to cross above the 50-level, suggesting that the market will trade bullishly.
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