Lucky Block Price Prediction: LBLOCK/USD Trades Around $0.0012 Level
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The Lucky Block price prediction consolidates around $0.0012 as the buying pressure is getting ready to push the market upward.
LBLOCK/USD Long-term Trend: Ranging (12H Chart)
Key Levels:
Resistance levels: $0.0025, $0.0027, $0.0029
Support levels: $0.0004, $0.0003, $0.0001
LBLOCK/USD keeps consolidating around $0.122 as the coin could prepare 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 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 $0.0003, $0.0002, and $0.0001.
According to the daily chart, the market price would move bullishly as soon as the technical indicator Relative Strength Index (14) is likely to cross into the oversold region. Meanwhile, the potential resistance levels may be located at $0.0025, $0.0027, and $0.0029.
LBLOCK/USD Medium-term Trend: Ranging (4H Chart)
The 4-hour chart revealed that the Lucky Block price is moving towards the lower boundary of the channel. However, should the price break below the lower boundary of the channel, it could hit the support level at $0.0008 and below.
Nevertheless, if the buyers increase the buying pressure, LBLOCK/USD may cross above the 9-day and 212-day moving averages to hit the resistance at $0.0020 and above. The technical indicator Relative Strength Index (14) crosses into the oversold region getting ready for a bullish movement.
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