Lucky Block Price Prediction: LBLOCK/USD Touches $0.000220 Resistance Level
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Lucky Block Price Prediction – December 31
The Lucky Block price prediction consolidates around $0.000214 as the buying pressure is getting ready to push the market upward.
LBLOCK/USD Long-term Trend: Ranging (4H Chart)
Key Levels:
Resistance levels: $0.000280, $0.000300, $0.000320
Support levels: $0.000170, $0.000150, $0.000130
LBLOCK/USD keeps consolidating around $0.000210 as the coin prepares to move to the upside waiting for a cross above the 9-day moving average. Meanwhile, the current trend suggests a bullish movement in the next positive direction as buyers are expected to invest more in the coin.
Lucky Block Price Prediction: LBLOCK/USD Will Shoot to the Upside
The Lucky Block price is experiencing an increasing volume coupled with a bullish regroup in the positive direction. Meanwhile, should the coin delay its bullish movement, the bears could become severe with more downs for the new investors to enter, and the next supports could lie at $0.000170, $0.000150, and $0.000130.
Looking at the daily chart, the Lucky Block price will begin to move bullishly as soon as the technical indicator Relative Strength Index (14) remains above the 50-level. Meanwhile, any further bullish movement toward the upper boundary of the channel could locate the potential resistance levels at $0.000280, $0.000300, and $0.000320.
LBLOCK/USD Medium-term Trend: Ranging (4H Chart)
The 4-hour chart revealed that the Lucky Block price is moving above the 9-day and 21-day moving averages. However, should the price head toward the lower boundary of the channel; it could hit the support level at $0.000180 and below.
Nevertheless, if the buyers increase the buying pressure, LBLOCK/USD may cross above the channel’s upper boundary to hit the resistance at $0.000270 and above. The technical indicator Relative Strength Index (14) keeps moving above the 50-level getting ready for a bullish movement.
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