Lucky Block Price Prediction: LBLOCK/USD Touches $0.0009; More Buyers May Come to Play
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The Lucky Block price prediction touches the daily high of $0.0009 above the 9-day and 21-day moving averages.
LBLOCK/USD Medium-term Trend: Ranging (12H Chart)
Key Levels:
Resistance levels: $0.0011, $0.0012, $0.0013
Support levels: $0.0008, $0.0007, $0.0006
LBLOCK/USD is trading around $0.0008 as the coin moves above the 9-day and 21-day moving averages. However, the buyers are ready to grab the Lucky Block (LBLOCK) and push it to the upside. Meanwhile, if the sellers bring the market further lower, more buyers are expected to buy the dip as the coin prepares for upward movement.
Lucky Block Price Prediction: LBLOCK May Plunge to Move High
Looking at the chart, the Lucky Block price is going to retrace to the upside, buyers and new investors should watch for the next bearish signals so that they can buy the dips. However, the coin may fall slightly if the technical indicator Relative Strength Index (14) crosses below 50-level, but the good thing is that the coin will from there spike to the upside. Any further supports may be located at $0.0008, $0.0007, and $0.0006.
Nevertheless, if the buyers hold the current support of $0.0008 and climb higher; the bulls can expect immediate resistance to be located at $0.0010. Any further bullish movement above the upper boundary of the channel may hit the resistance levels of $0.0011, $0.0012, and $0.0013.
LBLOCK/USD Medium-term Trend: Ranging (4H Chart)
On the 4-hour chart, the Lucky Block price is preparing for the upside, but if the coin crosses below the 9-day and 21-day moving averages; this could allow new buyers to enter the market. Nevertheless, the existing buyers are also expected to buy the dip as the market gathers momentum to begin another bullish movement.
From above, if the buyers push the price above the upper boundary of the channel, a higher resistance level may be located at $0.0010 and above. Moreover, should the coin retreat below the moving averages, critical support may come at $0.0008 and below while the Relative Strength Index (14) moves to cross below the 60-level, preparing the market for the upward movement.
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