Lucky Block Price Prediction- November 28
Lucky Block‘s price is likely to break out from its shell and faces the positive side soon. LBLOCKUSD price will rise from the support value. If the bulls increase their strength and the price jump up closes above the $0.0001699 high level, further bearishness would be stopped and the price could hit the $0.02000 supply level.
Levels:
Resistance levels: $0.0002100, $0.0002200, $0.0002300
Support levels: $0.0001300, $0.0001200, $0.0001100
LBLOCKUSD Long-term Trend: Bearish (1H Chart)
LBLOCKUSD is trading below the moving averages, this means that the price is in a bearish trend in its long-term view. The short traders are involved in the price distribution and the bulls also are not relenting.
The buyers made a rise to the $0.0001558 high mark shortly after the 1-hourly session opened today. As a result of the inflows from the bears, the price of Lucky Block dropped down to the $0.0001441 support value. Therefore, if the bulls increase their tension in the market, the price tendency will move up from the mentioned support above the key supply levels.
There are more bullish runs to come as the market trades at the oversold region at the present, this suggests that the coin price will still definitely turn upside soon and a $0.02000 supply level might be reached soon in the long-term outlook.
LBLOCKUSD Short-term Trend: Bearish (15- Minutes Chart)LBLOCKUSD is having a bearish posture in its short-term outlook. The bulls caused an increase to the $0.0001558 resistance level above the moving averages as the 15-minute chart opens today, however, the bulls lost the momentum while sellers came in and dropped the price to the $0.0001439 support trend line below the two EMAs.
If buyers should intensify their efforts in the buying activities, the coin price may likely turn upside from the current support at $0.0001439 and rises to retest the previous swing high at the $0.0001558 supply value.
Meanwhile, the Luck Block market is oversold already, and the selling pressure is exhausted and ready for an upward trend, with this intended action, the coin might likely reach a $0.02000 high level soon in its short-term perspective.
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