Lucky Block Price Prediction: Would Bulls Increase the Pressure?
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The last few minutes have been tremendous for the Lucky Block price prediction as the coin gets ready to move above the $0.0047 level
LBLOCK/USD Long-term Trend: Ranging (30 Minutes Chart)
Key Levels:
Resistance levels: $0.0055, $0.0060, $0.0065
Support levels: $0.0040 $0.0035, $0.0030
LBLOCK/USD market keeps moving within the channel; following a bullish scenario which reveals that the Lucky Block price is trading above the crucial levels that will function as the support zones if a reversal occurs.
Lucky Block Price Prediction: LBLOCK Ready for an Upside
The chart above shows that the Lucky Block’s price hovers well in an upward movement as the coin gets ready for a cross above the 21-day moving average that could push the price above $0.0050. Any further bullish move could hit the resistance levels of $0.0055, $0.0060, and $0.0065.
More so, the Lucky Block price may fall slightly below the 9-day moving average to touch the supports at $0.0040, $0.0035, and $0.0030, but once this occurs, new buyers are to come into the market while the existing buyers are to buy more.
LBLOCK/USD Medium-term Trend: Bearish (15 Minutes Chart)
At the 15-minute chart, the Lucky Block is seen above the 9-day and 21-day moving averages, marking a new high for the coin at $0.0050. However, it is now time for more buyers to come into the market as the coin prepares to hit the resistance level of $0.0060 and above.
Moreover, LBLOCK/USD may slide below the moving averages to locate the support at $0.0040 and below. However, the Lucky Block price may retreat to give more investors a chance to re-invest and accrue more gains as the technical indicator Relative Strength Index (14) moves above 50-level.
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