Lucky Block Price Prediction: LBLOCK/USD Will Break Above the 9-day MA
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Looking at the 12-hour chart, the Lucky Block price rides the bulls as traders are ready to have a great moment ahead.
LBLOCK/USD Long-term Trend: Bearish (12H Chart)
Key Levels:
Resistance levels: $0.0010, $0.0012, $0.0014
Support levels: $0.0005, $0.0003, $0.0001
As LBLOCK/USD trading volume increases, a bullish run will continue to play out. Following the recent price, LBLOCK/USD is currently facing a potential resistance at the $0.0008 level which will be crossing above the 9-day moving average. A break above this barrier will produce a huge green candle towards the upper boundary of the channel, marking resistance levels at $0.0010, $0.0012, and $0.0014.
Lucky Block Price Prediction: LBLOCK (Price) Heads To The Upside
The Lucky Block price moves bullishly as the coin begins a new upward movement as a bearish step back may roll the market back to the downside with a possible break down to $0.0005, $0.0003, and $0.0001 supports, and this could give room for more buyers to come into the market. The technical indicator Relative Strength Index (14) is moving away from the lower boundary of the channel due to a little price increase.
LBLOCK/USD Medium-term Trend: Ranging (4H Chart)
According to the 4-hour chart, the Lucky Block price is moving within the 9-day and 21-day moving averages, but as it appeared, there’s a low amount of buying pressure in the market which is why the price is finding it difficult to gain more upsides.
Moreover, if bears try to break down the price, one would expect the market to touch the support level of $0.0006 and below. Meanwhile, a bullish continuation would push the price to the resistance levels of $0.0009 and above as the technical indicator Relative Strength Index (14) moves above the 40-level.
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