Lucky Block Price Prediction – November 13
LBLOCKUSD price might soar to retest the previous supply level at $0.0000398 as the market attempts to soar higher and spark renewed market optimism. Therefore, if the bulls could trigger their forces in the market, the price may likely increase to retest the $0.0000398 previous high level, pointing towards a possible rally to reach the $0.0000800 high level and beyond, signaling a robust network activity.
Levels:
Resistance levels: $0.0000232, $0.0000233, $0.0000234
Support levels: $0.0000179, $0.0000178, $0.0000177
LBLOCKUSD Long-term Trend: Bullish (Daily Chart)
Lucky Block’s price has broken past the crucial level and might soar to retest its peak value at $0.0000398 as it remains firm in an uptrend in its higher time frame.
Thus, the coin price retesting the previous high is the target of the bulls as the crypto approaches the overhead resistance, following the victory of Donald Trump in the concluded US elections as a lover of crypto that sparked the crypto markets recently.
The high order flow from the bulls to the $0.0000232 supply value in the last session also added to this bullishness. However, the bulls might increase the crypto price to soar and retest the crucial peak level.
The bulls’ action increases the price of LBLOCKUSD to the $0.0000234 resistance level above the EMA-50 even as the daily session opens today.
If a renewed interest in buyers occurs, the Lucky Block price might soar to retest the $0.0000398 supply value, intensifying the buying pressure on the crypto.
Further, the stochastic is also showing the LBLOCKUSD market price might soar to retest its previous high soon as it remains upward. As a result, the bulls would be compelled to continue with the bullish rally. Hence, the $0.0000800 upper resistance level might be reached in the upcoming days in its long-term outlook.
LBLOCKUSD Medium-term Trend: Bullish (4H Chart)
The currency pair trades in a bullish trend zone and may soar to retest the crucial peak level as the bulls remain dominant in its medium-term view.
The sustained bullish pressure on the currency pair in the past few days has sustained the Lucky Block price above the supply trend levels, aiming to retest its peak point in its recent high.
The LBLOCKUSD price on the 4-hour chart today is facing the upper resistance and trading at the $0.0000324 correction level above the EMA-50. Further, the rising prices reclaimed more confirmation for a bullish recovery.
Therefore, if the bulls should tighten their grip on the market, the price tendency may likely break up to retest the $0.0000330 resistance value, resulting in an intraday gain for the buy traders.
In addition, the daily stochastic indicates an upward trend, indicating that the buy investors may likely continue with the bullish correction pattern to retest the $0.0000330 resistance mark soon which might further extend the LBLOCKUSD price to hit the $0.0000800 upper resistance level in its medium-term outlook.
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