Lucky Block Price Prediction: LBLOCK/USD Trades at $0.00021; Time to Invest
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Lucky Block Price Prediction – October 20
The Lucky Block price prediction shows that LBLOCK digs a dip as the market price gets ready for a breakout above the moving averages.
LBLOCK/USD Medium-term Trend: Ranging (4H Chart)
Key Levels:
Resistance levels: $0.00023, $0.00024, $0.00025
Support levels: $0.00020, $0.00019, $0.00018
LBLOCK/USD is trading at $0.00021 as the coin prepares to cross above the 9-day and 21-day moving averages. Meanwhile, the buyers are getting ready to grab the Lucky Block and push it to the upside. Therefore, the existing buyers are expected to buy the dip as the coin prepares for upward movement.
Lucky Block Price Prediction: LBLOCK Will Break to the Upside
The Lucky Block price will retrace to the upside, buyers and new investors are expected to look out for the next bearish signals. The coin may fall slightly if the technical indicator Relative Strength Index (14) heads to the south, but the coin would spike to the upside as soon as the technical indicator crosses above the 50-level. Meanwhile, any bearish movement towards the lower boundary of the channel can locate supports at $0.00020, $0.00019, and $0.00018.
However, should the buyers push the coin above the moving averages; the bulls can expect immediate resistance to be located at $0.00022. Any further bullish movement could hit the resistance levels at $0.00023, $0.00024, and $0.00025.
LBLOCK/USD Medium-term Trend: Ranging (2H Chart)
According to the 2-hour chart, the Lucky Block price keeps hovering below the 9-day and 21-day moving averages. The buyers are expected to re-invest in the coin while the new buyers should into the market.
From above, if the buyers push the price above the moving averages, any further bullish movement toward the upper boundary of the channel will locate the resistance level at $0.00022 and above. Moreover, should the coin create an additional low, the nearest support can come at $0.0002 and below, while the Relative Strength Index (14) stays above the 40-level, getting ready for the bullish movement.
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