Lucky Block Price Prediction: LBLOCK/USD Will Retrace the Lost Resistance; Buy the Dips
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Lucky Block Price Prediction – March 21
The Lucky Block price prediction shows that LBLOCK is hovering around $0.000171 as the buying pressure gathers for the upside.
LBLOCK/USD Long-term Trend: Ranging (1D Chart)
Key Levels:
Resistance levels: $0.000240, $0.000260, $0.000280
Support levels: $0.000130, $0.000110, $0.000090
LBLOCK/USD is trading around $0.000171 as the coin prepares for an upward movement. However, the current trend suggests that a bullish movement is likely to come to play as soon as the coin faces the next positive direction. Therefore, both the new and the existing buyers are expected to invest more in the coin.
Lucky Block Price Prediction: LBLOCK/USD Will Head to the North
The Lucky Block price is at the moment hovering at $0.000171 and as soon as the coin hit the nearest support level of $0.000160, it will begin to head to the upside. But, if the buyers failed to push the coin to the north, the next levels of support could be located at $0.000130, $0.000110, and $0.000090 as the technical indicator, Relative Strength Index (14) slides below the 60-level to prepare the coin for the upward movement.
Nevertheless, the existing buyers and the new buyers are expected to come into the market as this could be the best time to buy the dips. Meanwhile, if the Lucky Block price crosses above the upper boundary of the channel, it could hit the potential resistance levels at $0.000240, $0.000260, and $0.000280 respectively.
LBLOCK/USD Medium-term Trend: Ranging (4H Chart)
According to the 4-hour chart, the Lucky Block price will break above the 9-day and 21-day moving averages. The long-term moving averages will keep the bullish movement as the market is starting a new trend in the next positive direction.
However, if the buyers push the price above the moving averages, higher resistance could be located at $0.000250 and above while the technical indicator Relative Strength Index (14) moves below the 50-level, indicating that the coin may consolidate before moving higher. Moreover, should the bulls fail to move higher, the bears may step back into the market, and the nearest support level could be located at $0.000110 and below.
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