Lucky Block Price Prediction: LBLOCK/USD Touches $0.00082 Low; Opportunity to Buy the Dips
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Lucky Block Price Prediction – June 17
The Lucky Block price prediction shows that LBLOCK is hovering around $0.000085 as the buying pressure gathers for the upside.
LBLOCK/USD Long-term Trend: Bearish (1D Chart)
Key Levels:
Resistance levels: $0.000145, $0.000155, $0.000165
Support levels: $0.000034, $0.000024, $0.000014
LBLOCK/USD is trading around $0.000144 as the coin prepares for the bullish movement. However, the current trend suggests that a bullish movement is likely as soon as the coin regains back above the 9-day and 21-day moving averages. Meanwhile, both the new and the existing buyers are expected to invest more in the coin.
Lucky Block Price Prediction: LBLOCK/USD Prepares for the Upside
The Lucky Block price would begin to follow the bullish movement once the coin touches the support level of $0.000082. 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 $0.000145, $0.000155, and $0.000165.
According to the daily chart, the Lucky Block price would move bullishly as the technical indicator Relative Strength Index (14) prepares to leave the downside. Meanwhile, the potential resistance levels at $0.000034, $0.000024, and $0.000014 will come to play as buyers are expected to come into the market.
LBLOCK/USD Medium-term Trend: Ranging (4H Chart)
The 4-hour chart revealed that the Lucky Block price is moving below the 9-day and 21-day moving averages. Meanwhile, should the price break above the moving averages; the coin will experience an upward trend and could touch the resistance level at $0.000110 and above.
Moreover, if the bulls return to the market, LBLOCK/USD would face the upper boundary of the channel. On the contrary, the Lucky Block price can retreat and crosses below the lower boundary of the channel to hit the support at $0.000065 and below. However, the technical indicator Relative Strength Index (14) moves around the 40-level, getting ready for a movement to the positive side.
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