Lucky Block Price Prediction- November 4
The LBLOCKUSD market price is set to face the positive side and this may continue if the bulls could push higher and the current support value at a $0.0002047 level holds. The bullish correction phase may possibly rise and cross the overhead resistance trend line at the $0.004000 high mark.
Levels:
Resistance levels: $0.0002500, $0.0002600, $0.0002700
Support levels: $0.0002091, $0.0001991, $0.0001891
LBLOCKUSD Long-term Trend: Bullish (1H Chart)
Despite the interruption from the bears in the price flow, the 1-hourly chart market of LBLOCKUSD shows a bullish race. The pair is losing bearish momentum gradually as it rises above the $0.002547 resistance level.
After a few moments of action by sellers, an additional effort was added by the bulls and the price jumped up to a $0.002069 high mark above the EMA-9, approaching the EMA-50. This suggests an uptrend as well as an indication that the buy traders are returning to stage a play in the market.
Hence, with the price signal pointing upward, if buyers should increase their momentum and close the 1-hourly chart above the $0.04500 resistance mark, the potential bullish rally could hit the $0.004000 supply value soon in its long-term perspective.
LBLOCKUSD Medium-term Trend: Bullish (15-Minutes Chart)
The LBLOCKUSD pair now trades in a smooth uptrend on the 15-minute time frame. The coin price bars are sighted above the moving averages, indicating an uptrend.
The buy investors successfully pushed the coin market to a high from the $0.002069 level to the $0.002078 resistance mark above the two EMAs; this means that the bulls are dictating the market conditions at the present and might possibly push the price across the overhead supply trend line. Thus, a turnaround and more intraday gains for the crypto holders.
In addition to that, continuation to the upside is sure as the price projector signifies an uptrend while pointing up. Therefore, the next bull race target could be the $0.004000 supply mark in its lower time frame.
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