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Lucky Block Price Prediction: LBLOCKUSD Price May Soar to Break up the $0.0000398 Supply Value

Johnathon Fox
11/11/2024 | UPDATED ON: 11/11/2024

Lucky Block Price Prediction- November 11

Lucky Block is on the positive side today and could soar to break up the $0.0000398 supply value. The coin price sees an encouraging bullish reversal on its daily chart. Currently priced at $0.0000221 high mark, the token has surged by over 15% in the past 24 hours. If the coin price could sustain above the pattern supply trend line, the price may trigger up to the overhead resistance mark at the $0.0001200 level, showcasing renewed investors’ interest and potential for further growth.

Levels:
Resistance levels: $0.0000221, $0.0000222, $0.0000223
Support levels: $0.0000160, $0.0000150, $0.0000140

LBLOCKUSD Long-term Trend: Bullish (Daily Chart)

LBLOCKUSD price may soar to break up the crucial level as it indicates a shift in the market sentiment with the price rebounding from its all-time low at $0.0000214 in its long-term outlook.
Lucky Block Price Prediction: LBLOCKUSD Price May Soar to Break up the $0.0000398 Supply Value
The price currently trades above the EMA-50. This breakout triggers a smooth bull cycle pattern, which in theory, should lead the prices to an overhead trend line.

The high order flow from the bulls at the $0.0000229 level in the past few days has enabled the Lucky Block price to soar and break up the resistance level in its recent high.

Earlier today, the LBLOCKUSD buyers responded to the market after yesterday’s low dips at the $0.0000214 support value and surged to a $0.0000221 high level above the EMA-50, indicating that the bulls are returning gradually for an increase in the coin price and may soar to break up the $0.0000398 peak value to command Lucky Block’s price actions.

This will give room for the buy investors to influence the price tendency. Thus, a break above the $0.0000398 resistance mark would intensify the buying pressure on the crypto.

Hence, the current correction phase may soar to break up the $0.0000398 barrier and continue as the momentum indicator signifies an uptrend. In light of this, the Lucky Block price may reach a significant $0.0001200 supply trend line as the bulls continue their bullish correction and remain dominant in its long-term perspective.

LBLOCKUSD Medium-term Trend: Bullish (4H Chart)

The LBLOCKUSD today, saw a surge and may break up the crucial supply as the coin displays a bullish market in its medium-term outlook. The price bars are above the resistance levels due to the high impact of the long-term traders in the price flow, suggesting a bullish trend.
Lucky Block Price Prediction: LBLOCKUSD Price May Soar to Break up the $0.0000398 Supply Value
After completing the downward correction, the Lucky Block pair is correcting at the $0.0000221 supply level above the EMA-50 shortly after today’s 4-hourly chart opens, reflecting optimistic expectations.

The market participants are responding to this pattern, and its breakout may soar to hit the $0.0000330 peak barrier, offering a good entry opportunity for coin traders.

Meanwhile, further upsides are likely as the price signal points upward, indicating that the upward rally will continue and may soar to break up the $0.0000398 resistance value to reach the $0.0001200 supply value in the days ahead in the medium-term forecast.

You can purchase Lucky Block here. Buy LBLOCK

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About Johnathon Fox

Johnathon is a Forex and Futures trader with over ten years trading experience who also acts as a mentor and coach to thousands and has written for some of the biggest finance and trading sites in the world.

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