Lucky Block Price Prediction – November 2
There is a possibility for the LBLOCKUSD pair to experience another bullish reversal price action and the price could be ready to surge above the previous high at $0.0001602 level very soon for another upward move potential. If the forces from buyers in the market should increase and the current support level at $0.0000236 holds, the bulls may drive the coin price higher and this may extend to the $0.001000 upper high mark and beyond.
Levels:
Resistance levels: $0.000900, $0.0001000, $0.0001100
Support levels: $0.0000600, $0.0000500, $0.0000400
LBLOCKUSD Long-term Trend: Bullish (Daily Chart)
LBLOCKUSD pair indicates a downward trend in its higher time frame as shown in the chart below. The coin prices that are below the EMA at the moment may surge above the resistance line soon as the bulls have just begun the rising pattern.
Actions from the bears to a $0.0000236 low mark during the past session have slowed down the Lucky Block price in its recent low.
Earlier today, the bulls rebounded from the previous support and pushed the price of LBLOCKUSD up to a $0.0000252 high point below the EMA-50 to resume the bullish drive.
Should buyers prove strong and move the coin price above the previous high at the $0.0001602 trend line, further selling pressure will be invalidated. Meanwhile, traders who buy the coin during the bearish trend will also make profits.
In addition to that, there is a possibility for the coin to surge above the resistance levels as soon as the crypto price points up at the oversold region of the daily stochastic.
In light of this, the crypto may continue the bullish correction trend and this may surge above the $0.0001602 previous high mark which might possibly reach the $0.001000 resistance value in the coming days in its long-term perspective.
LBLOCKUSD Long-term Trend: Bullish (4H Chart)
The price of Lucky Block also suggests a bearish move in its medium-term time frame. The prices are seen rising up slightly below the moving averages and this may surge above the resistance line soon. 
The bears’ pressure on the coin in the past few hours has contributed to its bearishness in its recent low.
Now, the current price of LBLOCKUSD at the $0.0000250 supply value below the resistance line as the 4-hour chart opens today indicates that buyers are actually buying at this level.
Hence, if the bulls could push higher and additional selling power is prevented, the price may likely surge above the previous high of $0.0000347 value resulting in more intraday gains for buyers.
Notably, the LBLOCKUSD market is showing more upside possibility as shown by the momentum indicator pointing upwards in the oversold region; this would enable the coin to rise further and this may surge above the $0.0001602 high mark and further extend to a $0.001000 high mark in the days ahead in its medium-term perspective.
You can purchase Lucky Block here. Buy LBLOCK
Leave a Reply