Lucky Block Price Prediction: LBLOCK Consolidates above $0.0004300 as Buyers Poise for a Fresh Uptrend

Lucky Block Price Prediction – September 24
LBLOCK is in a downward correction as buyers poise for a fresh uptrend. It appears the selling pressure may persist as the altcoin faces rejection at the high of $0.0008497. The cryptocurrency may further decline to the low of $0.0002389.

LBLOCK Price Statistics Data
LBLOCK price now – $0.0004226
LBLOCK market cap – $1,513,600
LBLOCK circulating supply –
LBLOCK Total Supply –
LBLOCK Coinmarketcap ranking – #3384

Key Levels:
Resistance levels: $0.0021, $0.0022, $0.0023
Support levels: $0.00200, $0.001900, $0.001800

LBLOCK/USD Medium-term Trend: Bearish (1-hour chart) – Buyers Poise for a Fresh Uptrend

On the 1-hour chart, LBLOCK is in a downtrend as the altcoin trades below the moving average lines. Buyers could not sustain the bullish momentum above the moving average lines. The bears will sell on every short rally. On September 9, LBLOCK rebounded above the $0.0005001 support as it rallied above the moving average lines. The upward correction has been terminated at the high of $0.0008398. The altcoin has resumed selling pressure after the recent rejection. Today, LBLOCK is trading at $0.4377 at the time of writing.

LBLOCK/USD Medium-term Trend: Bearish (15-Minute Chart)

On the 15- Min Chart, LBOCK is in a downtrend as buyers poise for a fresh uptrend. The price action is characterized by small body indecisive candlesticks called Doji and Spinning tops. The candlesticks indicate that buyers and sellers have reached a period of indecision. The altcoin is below the 40% range of the daily Stochastic.

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