Lucky Block Price Prediction: LBLOCK/USD Will Spike Above $0.000055 Level
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Lucky Block Price Prediction – January 18
The Lucky Block price prediction shows that LBLOCK will spike to the upside as the coin hovers above the moving averages.
LBLOCK/USD Medium-term Trend: Ranging (1D Chart)
Key Levels:
Resistance levels: $0.000090, $0.000100, $0.000110
Support levels: $0.000010, $0.000008, $0.000006
Looking at the daily chart, LBLOCK/USD is heading to the upside as the coin crosses above the 9-day and 21-day moving averages. A break toward the upper boundary of the channel could reach the resistance of $0.000060. However, once this comes to play out, the Lucky Block bulls will increase the buying pressure to keep the coin on the upside.
Lucky Block Price Prediction: LBLOCK/USD Heads to the Upside
The Lucky Block price will reclaim the resistance level of $0.000055 and any further bullish toward the north could hit the potential resistance levels at $0.000090, $0.000100, and $0.000110. However, if the 9-day moving average crosses above the 21-day moving average, it could create additional gains for the coin.
Meanwhile, more buyers are expected to come into the market as bulls get ready for the upward movement but if the coin decides to retreat a little bit, the support levels of $0.000010, $0.000008, and $0.000006 may be found, and this could be the best time for the investor to invest in the coin.
LBLOCK/USD Medium-term Trend: Ranging (4H Chart)
The Lucky Block price is hovering below the 9-day and 21-day moving averages, sliding toward the lower boundary of the channel may locate the nearest support at $0.000040. The 9-day moving average is still hovering above the 21-day moving average, therefore, this could be the best for buyers to re-invest and the new buyers to enter the market.
However, if the bulls push the market price above the upper boundary of the channel, the Lucky Block could hit the potential resistance level of $0.000056 and above. However, any bearish movement near the lower boundary of the channel may locate the support level of $0.000038 and below.
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