Lucky Block Price Prediction: LBLOCK/USD Trades Around $0.00022 Level
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The Lucky Block price prediction consolidates around $0.00022 as the buying pressure is getting ready to push the market upward.
LBLOCK/USD Long-term Trend: Bearish (4H Chart)
Key Levels:
Resistance levels: $0.00040, $0.000.45, $0.00050
Support levels: $0.00015, $0.00010, $0.00005
LBLOCK/USD keeps consolidating around $0.00022 as the coin prepares to move to the upside waiting for a cross above the 9-day and 21-day moving averages. 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 $0.00015, $0.00010, and $0.00005.
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 30-level. Meanwhile, any further bullish movement above the moving averages could be located at the potential resistance levels at $0.00040, $0.00045, and $0.00050.
LBLOCK/USD Medium-term Trend: Ranging (4H Chart)
The 4-hour chart revealed that the Lucky Block price is moving toward the 21-day average. However, should the price break towards the lower boundary of the channel, it could hit the support level at $0.00015 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 $0.00030 and above. The technical indicator Relative Strength Index (14) will cross above the 40-level getting ready for a bullish movement.
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