Lucky Block Price Prediction: LBLOCK/USD Will Break Above the Channel
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Lucky Block Price Prediction – July 31
The Lucky Block price prediction shows the LBLOCK could gain pace as soon as it clears the $0.000110 resistance zone.
LBLOCK/USD Medium-term Trend: Ranging (1D Chart)
Key Levels:
Resistance levels: $0.000150, $0.000160, $0.000170
Support levels: $0.000056, $0.000046, $0.000036
LBLOCK/USD will spike toward the upside after the coin touches the daily high of $0.000110 a few hours ago. The LBLOCK price is currently hovering below the 9-day and 21-day moving averages while the signal line of the technical indicator Relative Strength Index (14) moves below the 50-level.
Lucky Block Price Prediction: LBLOCK Bulls Will Pump Above $0.000120
The Lucky Block price is preparing for the bullish movement as buyers regroup to resume the bullish movement. Meanwhile, if the coin begins the bullish movement, it will cross above the upper boundary of the channel where it can hit the resistance levels of $0.000150, $0.000160, and $0.000170. On the downside, if the Lucky Block price drops and heads toward the lower boundary of the channel, it could reach the support levels at $0.000056, $0.000046, and $0.000036.
LBLOCK/USD Medium-term Trend: Ranging (4H Chart)
LBLOCK/USD is trading below the 9-day and 21-day moving averages as the technical indicator Relative Strength Index (14) moves below the 50-level. Nevertheless, a possible bearish drop could surface if the bears step into the market and this could bring the coin to the support level of $0.000090 and below.
Meanwhile, if the bulls push the coin higher, it can cross above the upper boundary of the channel. Once it crosses this barrier, the market price would hit the resistance level of $0.000115 and above. Moreover, the trading volume is coming up slowly and will begin to climb higher if the bulls increase the pressure.
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