Lucky Block Price Prediction: LBLOCK/USD Will Revisit $0.000200 Level
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Lucky Block Price Prediction – January 18
The Lucky Block price prediction shows that LBLOCK will cross above the moving averages to touch the resistance level of $0.000200.
LBLOCK/USD Long-term Trend: Ranging (1D Chart)
Key Levels:
Resistance levels: $0.000250, $0.000270, $0.000290
Support levels: $0.000100, $0.000080, $0.000060
LBLOCK/USD is ranging below 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 $0.000100, $0.000080, and $0.000060.
Meanwhile, the Lucky Block price can spike above the 9-day and 21-day moving averages 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 $0.000250, $0.000270, and $0.000290 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 $0.000180, the market may experience an upward trend which could touch the resistance level at $0.000200 and above.
On the contrary, the Lucky Block price could retreat and head towards the lower boundary of the channel, crossing below this barrier could hit the support at $0.000150 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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