Lucky Block Price Prediction – November 11
LBLOCKUSD is approaching the upper resistance level as the bulls took their stand facing a new correction to resume the upward rally. A possible breakout from this resistance will offer a higher footing for prices to bolster further price rally. The $0.0001602 breakout could push the prices higher to hit the $0.0002000 supply level. Thus a clear buy signal for the coin holders.
Key Levels:
Resistance levels: $0.0000800, $0.0000900, $0.0001000
Support levels: $0.0000500, $0.0000400, $0.0000300
LBLOCKUSD Long-term Trend: Bearish (Daily Chart)
It could be seen vividly that the LBLOCKUSD pair is approaching the resistance level in its higher time outlook. However, it seems that the bulls are about to take over and push us higher. 
The bears’ pressure on the crypto to the $0.0000269 support level in the past few days has slowed the coin price down in its recent price level. Hence, the bulls are about to change the trend as the new correction can be seen at the support level approaching the resistance level at the present.
The bulls increased their pressure and the market price of Lucky Block is presently approaching the resistance at the $0.0000297 high level below the EMA-50 as the daily chart opens today.
Therefore, if coin buyers are able to break above the prior supply trend line of $0.0001602, the market participants may witness a new recovery rally that could reach the upper resistance value soon.
Additionally, the daily stochastic indicates an uptrend, which means that the Lucky Block price may likely continue to rise and this could hit the $0.0002000 upper high mark in the near future as the coin approaches the upper resistance level in its long-term outlook.
LBLOCKUSD Medium-term Trend: Bullish (4H Chart)
LBLOCKUSD remains bullish on the medium-term time frames. This is clear as we can see the prices approaching the upper resistance level indicating an uptrend.
The bulls have sustained the crypto market at the $0.0000284 supply value in the previous action, this has made it possible for the coin to stay above the trend line and remain stronger in its recent high.
As the 4-hour session starts today, it’s good to see a strong buying reaction from the coin buyers at the $0.0000285 supply mark above the moving average 50 where a lot of contracts are accumulated. This illustrates the buying crew’s significant influence on the crypto market.
The price of Lucky Block may retest the $0.0000347 supply value if the bulls are able to increase the strength of their buying pressure. This could lead to intraday gains for coin holders.
Additionally, the price of LBLOCKUSD which is pointing up on the daily signal implies that the price is still going up and in this case, the price might possibly hit the $0.0002000 resistance level in the nearby days and beyond in its higher time frame.
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