Lucky Block Price Prediction: LBLOCK/USD Will Retrace Above $0.000100
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Lucky Block Price Prediction – June 13
The Lucky Block price rebounds from the early dip at $0.0000962 as the buying interest may increase on approach to $0.000100.
LBLOCK/USD Long-term Trend: Bearish (1D Chart)
Key levels:
Resistance Levels: $0.000150, $0.000170, $0.000190
Support Levels: $0.000050, $0.000030, $0.000010
LBLOCK/USD is ranging as the market prepares for a cross above $0.000100 but currently rebounding to retain the previous resistance at $0.000120. The buyers may begin to look for some resistance levels if the coin crosses above the 9-day and 21-day moving averages.
Lucky Block Price Prediction: LBLOCK Price May Reclaim $0.000100 Resistance
In the past few hours, after the Lucky Block price touches the daily low of $0.000096, the Lucky Block price could now face the resistance level of $0.000120 and look forward to reclaiming the resistance level of $0.000230. Meanwhile, the daily chart reveals that if the 9-day moving average crosses above the 21-day moving average, it will confirm the bullish movement for the coin.
At the moment, the technical indicator Relative Strength Index (14) may likely cross above the 40-level to indicate a bullish movement. Therefore, if the Lucky Block price crosses above the 9-day and 21-day moving averages, it could hit the resistance levels of $0.000150, $0.000170, and $0.000190, but any negative slide toward the lower boundary of the channel could hit the supports at $0.000050, $0.000030, and $0.000010.
LBLOCK/USD Medium-Term Trend: Ranging (4H Chart)
Looking at the 4-hour chart, the Lucky Block price is moving above the 9-day and 21-day moving averages as the technical indicator Relative Strength Index moves to cross above the 60-level. From above, if the Lucky Block price crosses above the upper boundary of the channel, the bullish influence could spike, and the accrued gains above the channel.
On the contrary, the current candle could slide below the moving averages, and the ultimate target could remain at $0.000080 and below but the best the bulls can do is to hold above the resistance level of $0.000114 and keep their attention on breaking the potential resistance at $0.000140 and above.
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