Lucky Block Price Prediction: LBLOCK/USD Trades Around $0.0009 Level
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The Lucky Block price prediction consolidates around $0.0009 as the buying pressure is getting ready to push the market upward.
LBLOCK/USD Long-term Trend: Ranging (12H Chart)
Key Levels:
Resistance levels: $0.0012, $0.0013, $0.0014
Support levels: $0.0008, $0.0007, $0.0006
LBLOCK/USD keeps consolidating around $0.0009 as the coin prepares to move to the upside waiting for a cross above the 9-day and 21-day moving averages. According to the chart, 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 Bulls Ready to 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 $0.0008, $0.0007, and $0.0006.
According to the 12-hour chart, the Lucky Block price would move bullishly as soon as the technical indicator Relative Strength Index (14) crosses above the 50-level. Meanwhile, the potential resistance levels may be located at $0.0012, $0.0013, and $0.0014.
LBLOCK/USD Medium-term Trend: Ranging (4H Chart)
The 4-hour chart revealed that the Lucky Block price is moving to cross above the 9-day and 21-day moving averages. However, should the price break above this barrier, it will move towards the upper boundary of the channel and the market will hit the resistance level at $0.0011 and above.
Nevertheless, if the bears step back into the market, LBLOCK/USD may retreat and cross below the lower boundary of the channel to hit the support at $0.0009 and below so that more buyers can come into the market. The technical indicator Relative Strength Index (14) keeps moving below 50-level, getting ready for a bullish movement.
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