Lucky Block Price Prediction- November 8
The LBLOCKUSD price can revisit the $0.0000450 value at the upside following the victory of Donald Trump in the US elections. If the forces from buyers in the market should increase and the current support level at $0.0000189 holds, the coin price may breach $0.0000398 to revisit the $0.0000450 previous high and beyond, signaling a potential price surge.
Levels:
Resistance levels: $0.0000220, $0.0000221, $0.0000222
Support levels: $0.0000160, $0.0000150, $0.0000140
LBLOCKUSD Long-term Trend: Bullish (Daily Chart)
LBLOCKUSD pair has seen a significant uptick to revisit the $0.0000450 high value amid a broader market recovery in its long-term view. This is clear as prices continue to trend above the supply trend levels, confirming its bullishness.
The pressure from the bulls at the $0.0000210 supply value in the previous action has made it possible for the coin to stay above the trend line and liable to revisit its all-time high in its recent price level.
Today, the bulls caused a rise in the Lucky Block price to the $0.0000221 high level above the EMA-50 as the daily chart opens, indicating that the traders are actively buying at this level, and this may boost the recovery pattern to revisit the $0.0000450 high value at the upside, resulting to an intraday gain for coin holders.
Hence, the market is pointing upwards on the daily stochastic, suggesting the emergence of more buyers to move the price of LBLOCKUSD up to a significant level on the upside, leading the crypto price to revisit the previous high at the $0.0000450 level and further extend to the $0.0001200 supply trend mark in the coming days in its higher time frame.
LBLOCKUSD Medium-term Trend: Bullish (4H Chart)
The LBLOCKUSD pair is trending up to revisit the previous high value at the upside due to the high impact from the long-term traders in the price flow on the medium-term outlook.
The price hike to the $0.0000209 high value during the previous action has made it easier for the LBLOCKUSD pair to remain in an uptrend to revisit the previous high value in its recent high.
The impulse move from the buy traders up to a $0.0000210 high level above the moving averages shortly after the 4-hourly session opens today is a result of the high bullish impact on the crypto and may revisit the $0.0000330 high value, allowing the long investors to influence the price tendency.
The LBLOCKUSD pair has recently experienced a price surge and might swing to revisit its all-time high of $0.0000330 level if further bearish pressure is restricted.
In addition, further upsides are likely as the market remains upward on the daily signal, compelling the buy traders to push the price of Lucky Block further, and this time around, the bulls may likely revisit the $0.0000450 supply level and beyond soon in the medium-term time frame.
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