BLK/USD hasn't managed to go above the $3.6 resistance and produced a spike reaching the $4 psychological level. This price is currently acting as a key resistance for Blackcoin that has to be surpassed in order for it to move higher. Currently, it is trading right at the support and could look attractive for investors, but it could go even lower, back to the or even back to $0.088 support.
To summarise, technically speaking, Blackcoin has a strong upside and could go as high as $1 psychological round number, but it must break and close above the $4 resistance. While trading below the resistance, more decline could be expected.