Lucky Block Price Prediction- November 1
Despite the initial setback, LBLOCKUSD regains its bullish trend and may retest the $0.0000398 high level as the crypto value continues to gain traction. The recovery pattern has restored the market sentiment for a potential bull run. Based on the outlook, if the resistance level rises above the $0.0000298 value, continuation to the upside to retest the $0.0000398 is ensured, shaping the price trajectory to the $0.0001200 upper resistance level for significant gains.
Key Levels:
Resistance levels: $0.0000221, $0.0000222, $0.0000223
Support levels: $0.0000147, $0.0000146, $0.0000145
LBLOCKUSD Long-term Trend: Bullish (Daily Chart)
Lucky Block pair is positioned for an increase as it aims to retest the previous high level with bullish sentiment in its higher time frame.
The coin price is above the resistance levels, suggesting a bullish trend. It looks like the price will want to bounce up again as the bulls get ready to push us higher.
The sustained bullish reversal at the $0.0000222 high value in the past few days has sustained the crypto above the trend line at its high level.
Today, the LBLOCKUSD might retest its all-time high as the bulls swing the coin price to a $0.0000223 high level above the EMA-50, suggesting a healthy correction.
The market participants are responding to this pattern, and its breakout could lead to the retest of the $0.0000398 resistance level, offering a good entry point for the coin traders.
Next, the Lucky Block price might increase further to retest the all-time high of $0.0000398 as it remains upward on the daily indicator. Hence, a new corrective pattern at the $0.0001200 upper high level might be the next price to watch out for in the next couple of days, aiming to retest the crucial level in its long-term perspective.
LBLOCKUSD Medium-term Trend: Bullish (4H Chart)
Despite the move by the bears, the LBLOCKUSD pair remains bullish. The coin price might retest the previous high level if the bulls could add extra forces to the buying pressure in the medium-term outlook.
The long traders’ involvement to a $0.0000222 high mark in the previous action has sustained the Lucky Block price to remain in an upward trend in its recent price level.
The price drop to a $0.0000223 low level has no serious effect on the market as it remains intact above the supply levels, indicating an uptrend in the context of the strength of the market.
If buyers should intensify their efforts, the LBLOCKUSD price might turn positive to retest the $0.0000298 previous barrier, and this may extend to a $0.0001200 high mark in the days ahead as the coin investors determine to retest the previous high in its medium-term outlook.
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