Lucky Block Price Prediction: LBLOCK/USD Could Secure Support At $0.000090 Level
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Lucky Block Price Prediction – August 5
The Lucky Block price prediction reveals that LBLOCK is trading around $0.000092 as buyers could regroup to push the market to the upside.
LBLOCK/USD Long-term Trend: Ranging (1D Chart)
Key Levels:
Resistance levels: $0.000140, $0.000160, $0.000170
Support levels: $0.000050, $0.000030, $0.000010
LBLOCK/USD buyers will regroup to push the price above the $0.000110 level. Meanwhile, sellers have pushed it to its lowest support near $0.000088, but the Lucky Block has been able to recover shortly afterward. Moreover, this crypto appears to have found a strong landing support where it could take an upward movement.
Lucky Block Price Prediction: LBLOCK/USD Gets Ready to Face the North
The Lucky Block price will begin to experience an increasing volume coupled with a bullish regroup in the positive direction. But, if the coin delays its bullish movement, the bears could become severe with more downs and new investors to come into the market. However, if the coin decides to face the downside, the next support levels could be located at $0.000050, $0.000030, and $0.000010 respectively.
Nonetheless, the Lucky Block price will begin to move bullishly once the technical indicator Relative Strength Index (14) rebounds above the 40-level. However, any bullish movement toward the upper boundary of the channel could hit the potential resistance levels at $0.000140, $0.000160, and $0.000180.
LBLOCK/USD Medium-term Trend: Ranging (4H Chart)
According to the 4-hour chart, the Lucky Block price is moving below the 9-day and 21-day moving averages as the coin reaches the support where it could begin a movement to the upside. However, should the price break above the moving averages, the Lucky Block price could hit the resistance level at $0.000105 and above.
On the other hand, the Lucky Block price can slide below the lower boundary of the channel to reach the support at $0.000081 and below. Therefore, the buyers are expected to buy the dips once this comes to play, the technical indicator Relative Strength Index (14) is seen moving to cross into the oversold region, which could prepare the coin for the bullish movement.
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