Lucky Block Price Prediction- November 9
The LBLOCKUSD price is negotiating the upper resistance level, following the recent victory of Donald Trump in the US 2024 elections which sparked the heightened interest in the crypto market. The coin is currently recovering and also remains firm above the supply levels and might remain in that direction if the bulls could add more effort and the price closes above the $0.0000398 supply level. Thus, the next price target might be the $0.0001200 upper high level and beyond, signaling a potential gain for coin traders.
Levels:
Resistance levels: $0.0000227, $0.0000228, $0.0000229
Support levels: $0.0000180, $0.0000170, $0.0000160
LBLOCKUSD Long-term Trend: Bullish (Daily Chart)
Lucky Block’s price is in a bullish market at the moment. Further, the coin is negotiating the upper resistance levels and remains firm in a bullish trend market.
The sustained bullish pressure to a $0.0000213 high mark in the past session has enabled the crypto price to remain firm in an uptrend in its recent price level, negotiating the upper resistance level.
Investors are closely anticipating significant gains as the Lucky Block trading volume is negotiating the upper resistance level at $0.0000229 above the EMA-50 as the daily chart opens today, indicating an intraday growth and more gains for buyers.
Driven by increased trading volume, the LBLOCKUSD price could continue its northward movement to hit the $0.0000398 previous peak as it approaches the upper resistance levels.
Next, the underlying sentiment suggests an uptrend continuation in the coming days as indicated by the daily stochastic. It is expected of buyers to push the price of LBLOCKUSD up to a significant level and in this case, the target might be $0.0001200 upper resistance level in the days ahead as it approaches the upper resistance in its higher time frame.
LBLOCKUSD Medium-term Trend: Bullish (4H Chart)
LBLOCKUSD chart in its medium-term outlook shows that the pair is approaching the upper resistance level as the bulls have the market at their disposal. However, a high retest to the breached $0.0000222 supply suggests strength in bullish momentum.
The bulls increased the Lucky Block value to the $0.0000227 resistance level above the EMA-50 shortly after the 4-hourly chart opens today, approaching the upper resistance levels.
The LBLOCKUSD pair is approaching the upper resistance level, if market conditions remain favorable, the crypto price may surge to revisit the $0.0000330 resistance level, suggesting robust traction and potential gains for coin buyers.
Trading above the moving averages will enable the Lucky Block price to keep pushing up. Therefore, if the bulls should add more aggression to their activities in the market, the $0.0001200 resistance level might be reached soon, as it approaches the upper resistance levels in its medium-term time frame.
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