Lucky Block Price Prediction: LBLOCK/USD Will Go Higher; Time to Buy Now
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Lucky Block Price Prediction – October 18
The Lucky Block price prediction shows that the coin will go higher as the buyers are expected to put in more effort.
LBLOCK/USD Medium-term Trend: Ranging (4H Chart)
Key Levels:
Resistance levels: $0.00023, $0.00024, $0.00025
Support levels: $0.00020, $0.00018, $0.00016
LBLOCK/USD will begin to follow a bullish movement as soon as the coin crosses above the 9-day and 21-day moving averages. The current movement is necessary for the coin to reach the resistance level of $0.00022 while new buyers are expected to enter the market. Therefore, if the sellers bring the market further lower, the support level of $0.000021 could be reached.
Lucky Block Price Prediction: LBLOCK Gets Ready to Move Higher
According to the 4-hour chart, the Lucky Block price is hovering at $0.000213. If the coin retreats below this level, it will be a good opportunity for the existing buyers to buy the dip while the new buyers are expected to invest in the coin. Moreover, the technical indicator Relative Strength Index (14) could cross below the 40-level. Any further bearish movement may locate the supports at $0.00020, $0.00018, and $0.00016.
In other words, if the buyers hold the current market value and push it to cross above the 9-day and 21-day moving averages, the bulls can break toward the upper boundary of the channel, and any further bullish movement may hit the resistance levels at $0.00023, $0.00024, and $0.00025 respectively.
LBLOCK/USD Medium-term Trend: Bearish (2H Chart)
On the 4-hour chart, the Lucky Block (LBLOCK) ranges as the buyers are preparing to come into the market but are still below the 9-day and 21-day moving averages. LBLOCK/USD is trading around $0.000213.
However, the buyers are getting ready to spike above the moving averages, as soon as this occurs, higher resistance could be located, if the coin moves toward the upper boundary of the channel at $0.00023 and above, but any bearish movement below the lower boundary of the channel could hit the support at $0.00020 and below as the technical indicator Relative Strength Index (14) moves below 50-level.
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