Lucky Block Price Prediction- November 5
LBLOCKUSD may likely reclaim another supply level soon as it is set for the next uphill trend amid crypto market resilience. Thus, if all the support level holds and the bulls put more aggression into their activities, the coin price may rally to hit the $0.0000398 high level, extending to a $0.0001200 upper resistance level, resulting in high market traction.
Levels:
Resistance levels: $0.0000196, $0.0000197, $0.0000198
Support levels: $0.0000180, $0.0000179, $0.0000178
LBLOCKUSD Long-term Trend: Bearish (Daily Chart)
LBLOCKUSD is set for the next uphill trend as it experiences a new pattern trend below the supply levels in its long-term perspective.
The price bar is below the EMA-50, indicating a bearish momentum due to the inflow from the short traders. The Lucky Block price has been below the supply trend levels since its most recent low due to the persistent bearish pressure over the last few days.
The bulls are trying hard not to fall again as the market value of LBLOCKUSD jumps to a $0.0000197 high value below the EMA-50 as the daily session opens today.
The current pattern signals that a new uphill trend could begin after a breakout above the neckline near the $0.0000390 $0.0000398 range.
Meanwhile, the market price of Lucky Block is in the oversold region of the stochastic, suggesting that the selling pressure has reached exhaustion; the expected uphill trend could be high at $0.0012000 in the coming days as the coin price set for the next uphill trend in its long-term outlook.
LBLOCKUSD Medium-term Trend: Bearish (4H Chart)
The Lucky Block pair is set for the next uphill trend as the bullish momentum begins in its medium-term outlook. The stage suggests a bearish trend as the market value remains below the supply levels due to interference from the short traders.
The bulls could not relent anyway. So, the LBLOCKUSD price movement to a $0.0000197 high level below the moving average shortly after today’s 4-hourly session opening indicates the crypto market is set for the next uphill trend.
Thus, if the bulls breach the $0.0000330 resistance, the next uphill trend level to watch out for would be around the $0.0000398 level, as the bulls set for the next uphill trend.
However, the daily signal indicates that the bulls are set for the next uphill trend to a psychologically key level on the upside as soon as the journey up north continues. Hence, the next uphill trend could reach the $0.0001200 supply level in the days ahead as the crypto set for the next uphill trend in its medium-term perspective.
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