Lucky Block Price Prediction – November 24
It is actually time for the LBLOCKUSD pair to grow again. The coin is now on its way to the overhead resistance and the bullish pattern which has just hinted that the $0.0000298 high point will continue rising. The bull race may likely continue all the way into the key psychological level of $0.001000 supply value and beyond before we see any signs of buyers slowing down if the buy traders should put more aggression into the market.
Levels:
Resistance levels: $0.0001000, $0.0001100, $0.0001200
Support levels: $0.0000500, $0.0000400, $0.0000300
LBLOCKUSD Long-term Trend: Bearish (Daily Chart)
The Lucky Block price is losing bearish momentum gradually as its new bullish pattern hints at the $0.0000298 high level below the EMA-50 in the long-term perspective.
The bears’ pressure on the coin to $0.0000277 during yesterday’s session has dropped the coin price below the supply trend line in its recent price level.
Today’s bullish pattern that hints at the $0.0000298 high level suggests the return of buyers to the market to dictate the LBLOCKUSD price actions and may be forming a bullish continuation pattern known as ‘Flag”. This, however, will trigger a new bull cycle and a potential buy for the interested buyers.
The potential bullish pattern may break up the immediate supply of the $0.0002000 level to reach the key areas at $0.001000 in the upper resistance trend line.
Additionally, the daily stochastic indicates an uptrend, hence, there is a tendency for the Lucky Block price to rise further, if the current support level holds, this will enable buyers to take the price up to a high of $0.00100 soon as the crypto bullish pattern hints the $0.0000298 high point in its long-term perspective.
LBLOCKUSD Medium-term Trend: Bullish (4H Chart)
LBLOCKUSD can be seen progressing forward with its bullish pattern hints at the $0.000298 high point in its medium-term perspective. The price bar can be seen above the EMA-50 thus, buyers are having the market at their disposal at the moment. 
The bulls’ pressure on the crypto in the past few hours has sustained its bullishness in its recent high.
After the interaction from the sell traders, buyers successfully pullback at the $0.0000278 high level which further increases to the $0.0000298 supply level above the EMA-50 but close to the overhead resistance: this is an indication of the beginning of a new bullish cycle race.
Hence, staying above the supply levels indicates a strong possibility for a bullish correction. A strong breakup above the $0.0000319 resistance point would strengthen the bullish pressure.
In continuation, as the LBLOCKUSD bullish pattern hints at the above-mentioned supply, there is a possibility of a further increase in the coin price if the buy traders should increase their price actions and all the current support level holds, a psychologically key level of $0.001000 at the upside might be reached soon in its medium-term time frame.
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