Lucky Block Price Prediction: LBLOCK/USD Touches $0.000147 Low; Price Ready for the Upside
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Lucky Block Price Prediction – February 27
The Lucky Block price prediction shows that LBLOCK is hovering around $0.000149 as the buying pressure gathers for the upside.
LBLOCK/USD Long-term Trend: Bearish (1D Chart)
Key Levels:
Resistance levels: $0.000240, $0.000260, $0.000280
Support levels: $0.000090, $0.000070, $0.000050
LBLOCK/USD is trading around $0.000149 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 moves to cross 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
According to the daily chart, the Lucky Block price would begin to experience an increasing volume as bulls decide to return to the market. 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 $0.000090, $0.000070, and $0.000050.
Nevertheless, the Lucky Block price could move bullishly if the technical indicator Relative Strength Index (14) rebounds and head toward the 50-level. The potential resistance levels at $0.000240, $0.000260, and $0.000280 will come to play if the coin trades bullishly.
LBLOCK/USD Medium-term Trend: Ranging (4H Chart)
The 4-hour chart shows that the Lucky Block price is moving below the 9-day and 21-day moving averages as the coin prepares for the bullish movement. However, should the market price break to the upside; it could begin an upward trend to touch the resistance level of $0.000165 and above.
Therefore, if the bulls put more pressure, LBLOCK/USD would cross above the 9-day and 21-day moving averages but on the contrary, the Lucky Block price can retreat and cross below the lower boundary of the channel which could hit the support at $0.000138 and below. However, the technical indicator Relative Strength Index (14) hovers above the 40-level, getting ready for a movement to the positive side.
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