Lucky Block Price Prediction: LBLOCK/USD Touches $0.0009 Level
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The Lucky Block price prediction consolidates around $0.0008 as the buying pressure is ready to push the market to the upside.
LBLOCK/USD Long-term Trend: Ranging (1D Chart)
Key Levels:
Resistance levels: $0.0019, $0.0021, $0.0023
Support levels: $0.0004, $0.0003, $0.0002
LBLOCK/USD is consolidating around $0.00088 as the coin prepares for the upside. According to the chart, the current movement is suggesting a growth momentum in the next positive direction. Meanwhile, buyers are expected to invest more as a bullish movement is expected in the market soon.
Lucky Block Price Prediction: LBLOCK/USD May Consolidate to Break More Upsides
The Lucky Block price will 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 would be located at $0.0004, $0.0003, and $0.0002.
Nevertheless, the Lucky Block price will begin to move bullishly as the technical indicator Relative Strength Index (14) is ready to leave the oversold region. Meanwhile, the potential resistance levels at $0.0019, $0.0021, and $0.0023 will come to play as soon as the bulls push the coin to the upside.
LBLOCK/USD Medium-term Trend: Bearish (4H Chart)
According to the 4-hour chart, the Lucky Block price is moving within the 9-day and 21-day moving average as the coin prepares for a bullish movement. Meanwhile, should the price break above the 21-day moving average, the coin could experience an upward trend which will hit the resistance level at $0.0018 and above.
On the contrary, the market price may retreat and cross below the lower boundary of the channel to hit the support at $0.0004 and below. However, the buyers are expected to buy the dips once the coin breaks to the south but the technical indicator Relative Strength Index (14) is seen moving below the 40-level, getting ready for a movement to the positive side.
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