Free Crypto Signals Channel
Free Telegram Channel
Lucky Block Price Prediction – April 16
Most Popular
- 2-5 Signals Daily
- 82% Success Rate
- Entry, Take Profit & Stop Loss
- Amount To Risk Per Trade
- Risk Reward Ratio
The Lucky Block price prediction shows that LBLOCK is going to form higher as the bulls are ready to push the coin above the moving averages.
LBLOCK/USD Medium-term Trend: Bearish (12H Chart)
Key Levels:
Resistance levels: $0.0035, $0.0040, $0.0045
Support levels: $0.0010, $0.0008, $0.0005
LBLOCK/USD is moving sideways as the market price prepares to cross above the 9-day moving average. Meanwhile, the buyers are preparing the coin for the higher levels, and new buyers are expected to come into the market should the coin touches the nearest resistance level of $0.0030.
Lucky Block Price Prediction: It’s Time for LBLOCK to Head to the Upside
The Lucky Block price would rise and break above the upper boundary of the channel immediately after the bulls defend the $0.0030 level. However, any further bullish movement to the upside may push the price to the potential resistance levels of $0.0035, $0.0040, and $0.0045.
Moreover, the Lucky Block market may experience a lower ground if the bears break towards the lower boundary of the channel to touch the support levels of $0.0010, $0.0008, and $0.0005 as the technical indicator Relative Strength Index (14) moves to cross above 40-level to give more bullish movements in the next positive directions.
LBLOCK/USD Medium-term Trend: Bearish (4H Chart)
According to the chart, the Lucky Block price is crossing above the 9-day and 21-day moving averages. The bulls are heading to the north in other to push the coin above the upper boundary of the channel. The long-term moving averages may keep the bullish movement as the market prepares for a new trend.
However, the buyers would push the price and move towards the upper boundary of the channel, higher resistance could be reached at $0.0025 and above while the technical indicator Relative Strength Index (14) crosses above the 40-level, indicating that the buyers are getting ready for a spike to the positive side. On the contrary, if the bulls fail to move the current market value above, the bears may bring the market to the support level of $0.0015 and below for new buyers to enter the market.
Read more:
