Lucky Block Price Prediction: LBLOCK/USD Keeps Ranging at $0.000261 Level
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Lucky Block Price Prediction – November 3
The Lucky Block price prediction shows that LBLOCK is moving sideways below the moving averages as the buyers wait for a bullish spike.
LBLOCK/USD Medium-term Trend: Ranging (1D Chart)
Key Levels:
Resistance levels: $0.000050, $0.000060, $0.000070
Support levels: $0.000005, $0.000004, $0.000003
LBLOCK/USD will begin to follow a bullish movement as the coin gets ready for a spike above the 9-day and 21-day moving averages. The current movement is necessary for the coin to reach the resistance level of $0.000030 while new buyers are expected to enter the market. Meanwhile, if the sellers bring the market further lower, the support level of $0.000020 can be reached.
Lucky Block Price Prediction: LBLOCK Could Retreat to Move Higher
The Lucky Block price is seen below the 9-day and 21-day moving averages. If the coin retreats, it will be a good opportunity for the existing buyers to buy the dip while the new buyers are expected to invest in the coin. The 9-day MA is likely to cross above the 21-day MA. Therefore, any bearish movement toward the lower boundary of the channel may locate the supports at $0.000005, $0.000004, and $0.000003.
Nevertheless, if the buyers hold the current market value and push it toward the upper boundary of the channel, this can make the coin hit the resistance level of $0.000030. However, any further bullish movement may locate the resistance levels of $0.000050, $0.000060, and $0.000070 respectively.
LBLOCK/USD Medium-term Trend: Ranging (4H Chart)
On the 4-hour chart, the Lucky Block (LBLOCK) ranges as the buyers are preparing to come into the market by crossing above the 21-day moving average. Meanwhile, if the bulls return to the market, LBLOCK/USD could trade near the resistance level of $0.000030.
Moreover, the buyers are getting ready to push the price above the moving averages and higher resistance could be located near the upper boundary of the channel at $0.000034 and above, but any bearish movement below the lower boundary of the channel could hit the support at $0.000019 and below.
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