Lucky Block Price Prediction: June 16
The bull has taken over the LBlock/USD price action and may keep thrusting it higher. From yesterday’s price of $0.0009311, Lucky Block is now trading at $0.001134. As a result, this consistent and progressive improvement in LBlock/USD price shows that the crypto has great prospects.
LBLOCK price now: $0.0009311
LBLOCK market cap: $45.2 Million
LBLOCK circulating supply: 40.77 Billion
LBLOCK total supply: 99.6 Billion
LBLOCK Coinmarketcap ranking: #3515
Key Levels:
Resistance levels: $0.001190, $0.001220, $0.001250
Support levels: $0.001134, $0.001060, $0.001010
LBlock/USD Price Prediction: Lucky Block Price Action May Climb Even Higher
On the LBlock/USD 4-hour chart there are many indications of the price actions reaching higher price levels. Looking at this chart we can see that the price action has significantly burst out of the price channel: to the upside. Also, we will see that the price action has also risen considerably above the fast and slow-moving averages.
Moving on, we can perceive that the moving averages lines are already moving closer to crossing each other, while still under the price action. Eventually, If the MAs should cross each other while still below the price action, the Luck Block Price action will be pushed higher. Eventually, this may see LBlock/USD price may reach $0.001200, $0.001250, and perhaps $0.001300.
LBlock/USD Price Prediction: The Bulls Won, Pushing LBlock/USD Price to Even Higher Levels
Furthermore, on the LBlock/USD 1-hour chart, the last candle here shows that there was a fierce battle between buyers and sellers. However, even at that, the Lucky Block price still climbs higher. In addition, the MA lines still lie under the price action. Consequently, at this point, any crossing of the two MA lines may result in more bullishness in the price action.
Finally, the RSI indicator remains in the oversold region. However, the fast and slow lines of the RSI indicator are close to each other. This implies that the uptrends remain strong and may cross each other to reach higher into the oversold region. As a result, if this happens the Luck Block price may climb higher.
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