Lucky Block Price Prediction: LBLOCK/USD Will Reclaim $0.000150 Level
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Lucky Block Price Prediction – May 31
The Lucky Block price prediction shows that LBLOCK will cross above the 9-day and 21-day moving averages to touch the resistance level of $0.000150.
LBLOCK/USD Long-term Trend: Ranging (1D Chart)
Key Levels:
Resistance levels: $0.000230, $0.000240, $0.000250
Support levels: $0.000020, $0.000015, $0.000010
LBLOCK/USD is ranging within the 9-day and 21-day moving averages. The current movement is suggesting a sideways movement before heading to the upside. Meanwhile, buyers are expected to invest more as a bullish movement will resume in the market soon.
Lucky Block Price Prediction: LBLOCK/USD Will Spike High
The Lucky Block price will begin to experience an increasing volume coupled with a bullish regroup as soon as the market follows a positive direction. However, should the coin delay its bullish movement, the bears could step into the market but new buyers are expected to come into the market. Meanwhile, if the selling pressure increases, it could reach the support levels at $0.000020, $0.000015, and $0.000010.
Meanwhile, the Lucky Block price can spike to face the upper boundary of the channel if the technical indicator Relative Strength Index (14) crosses above the 50-level. Moreover, the potential resistance levels could be located at $0.000230, $0.000240, and $0.000250 will come to play.
LBLOCK/USD Medium-term Trend: Bearish (4H Chart)
The Lucky Block price is hovering below the 9-day and 21-day moving averages as the coin prepares for a bullish movement. However, should the price break above the resistance level of $0.000150, the market may experience an upward trend which could touch the resistance level at $0.000170 and above.
On the contrary, the Lucky Block price could retreat and could slide below the lower boundary of the channel, which could hit the support at $0.000080 and below so that more buyers can come into the market. However, the technical indicator Relative Strength Index (14) is moving below the 40-level, suggesting sideways movement.
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