Lucky Block Price Prediction: LBLOCK/USD Will Spike Above $0.000200 Level
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Lucky Block Price Prediction – February 3
The Lucky Block price prediction shows that LBLOCK is heading to the upside for the confirmation of the bullish movement.
LBLOCK/USD Medium-term Trend: Ranging (1D Chart)
Key Levels:
Resistance levels: $0.000290, $0.000310, $0.000330
Support levels: $0.000090, $0.000070, $0.000050
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 $0.000200. 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 $0.000300 and any further bullish cross above the upper boundary of the channel could hit the potential resistance levels at $0.000290, $0.000310, and $0.000330. However, as the technical indicator, Relative Strength Index (14) moves to cross above the 60-level, it could create additional gains.
On the contrary, if the coin decides to retreat a little bit, the support levels of $0.000090, $0.000070, and $0.000050 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 above the 9-day and 21-day moving averages, crossing above the upper boundary of the channel. The technical indicator Relative Strength Index (14) is moving within the overbought region, therefore, this could be the best for buyers to re-invest and the new buyers to enter the market.
However, if the bulls push and keep the market price above the upper boundary of the channel, the Lucky Block could hit the potential resistance level of $0.000220 and above. But, any bearish movement below the 9-day and 21-day moving averages may locate the support level of $0.000160 and below.
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