Lucky Block Price Prediction: LBLOCK/USD Trades Around $0.0010 Level
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The Lucky Block price prediction consolidates around $0.0010 as the buying pressure is ready to push the market upward.
LBLOCK/USD Long-term Trend: Ranging (12H Chart)
Key Levels:
Resistance levels: $0.0020, $0.0022, $0.0024
Support levels: $0.0005, $0.0003, $0.0001
LBLOCK/USD keeps consolidating around $0.0010 as the coin gets ready to move to the upside by crossing above the 9-day and 21-day moving averages. However, the current trend suggests a bullish movement in the next positive direction. Meanwhile, buyers are expected to invest more as the coin prepares for the upside.
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 $0.0005, $0.0003, and $0.0001.
According to a 12-hour chart, the Lucky Block price would move bullishly as the technical indicator Relative Strength Index (14) crosses above the 40-level. Meanwhile, the potential resistance levels may be located at $0.0020, $0.0022, and $0.0024.
LBLOCK/USD Medium-term Trend: Bearish (4H Chart)
The 4-hour chart revealed that the Lucky Block price is hovering above the 9-day and 21-day moving averages as the coin heads to the north. However, should the price break above the upper boundary of the channel, the market will hit the resistance level at $0.0013 and above.
Nevertheless, LBLOCK/USD would cross above the upper boundary of the channel if the bulls put more pressure, but the Lucky Block price may retreat and cross below the moving averages to hit the support at $0.0008 and below for more buyers to come into the market. However, the technical indicator Relative Strength Index (14) moves above 50-level, getting ready for an additional bullish movement.
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