Lucky Block Price Prediction: LBLOCK/USD Will Break to the Upside
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Lucky Block Price Prediction – April 19
The Lucky Block price prediction shows that LBLOCK is moving sideways before heading toward the upper boundary of the channel.
LBLOCK/USD Medium-term Trend: Ranging (1D Chart)
Key Levels:
Resistance levels: $0.000280, $0.000300, $0.000320
Support levels: $0.000110, $0.000090, $0.000070
Looking at the daily chart, LBLOCK/USD is ranging as the coin remains above the 9-day and 21-day moving averages. A break toward the upper boundary of the channel could reach the resistance of $0.000220. However, once this comes to play out, the Lucky Block bulls will increase the buying pressure to keep the coin on the upside.
Lucky Block Price Prediction: LBLOCK/USD Heads to the Upside
The Lucky Block price will reclaim the resistance level of $0.000230 and any further bullish cross above the upper boundary of the channel could hit the potential resistance levels at $0.000280, $0.000300, and $0.000320. However, as the technical indicator, Relative Strength Index (14) moves above the 50-level, it could create additional gains.
On the contrary, if the coin slides toward the lower boundary of the channel, crossing below this barrier could hit the support levels of $0.000110, $0.000090, and $0.000070, this could be the best time for the investor to invest in the coin.
LBLOCK/USD Medium-term Trend: Ranging (4H Chart)
The Lucky Block price is hovering below the 9-day and 21-day moving averages; crossing above this barrier could locate the nearest resistance level of $0.000220. However, the technical indicator Relative Strength Index (14) is moving below the 50-level, therefore, this could be the best for buyers to re-invest and the new buyers to enter the market.
Nevertheless, if the bulls push the coin toward the upper boundary of the channel, the Lucky Block could hit the potential resistance level of $0.000230 and above. In other words, any bearish movement toward the lower boundary of the channel may locate the support level of $0.000160 and below.
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