Lucky Block Price Prediction: LBLOCK/USD Trades at $0.000167; It is Time to Buy
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Lucky Block Price Prediction – November 16
The Lucky Block price prediction consolidates around $0.000167 as the buying pressure is getting ready to push the market upward.
LBLOCK/USD Long-term Trend: Ranging (4H Chart)
Key Levels:
Resistance levels: $0.000220, $0.000230, $0.000240
Support levels: $0.000130, $0.000120, $0.000110
LBLOCK/USD keeps consolidating around $0.000167 as the coin prepares to move to the upside 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 Ready to Shoot Up
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 $0.000130, $0.000120, and $0.000110.
According to the daily chart, the Lucky Block price would move bullishly as soon as the technical indicator Relative Strength Index (14) crosses above the 60-level. However, the potential resistance levels may be located at $0.000130, $0.000120, and $0.000110.
LBLOCK/USD Medium-term Trend: Bearish (2H Chart)
The 2-hour chart shows that the Lucky Block price is becoming low as the coin moves to cross below the 9-day moving average. Should the coin break below the 21-day moving average, it could hit the support level at $0.000140 and below.
Meanwhile, if the buyers increase the buying pressure, LBLOCK/USD may cross above the upper boundary of the channel to hit the resistance at $0.000210 and above. On the other hand, the technical indicator Relative Strength Index (14) is moving below the 60-level for new buyers to come into the market.
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