Lucky Block Price Prediction- October 31
LBLOCKUSD at the moment is trying hard not to fall by resisting the sellers, in case the bulls’ pressure breaks up the resistance level at $0.0002218, the coin price may further increase to a $0.02000 high level.
Levels:
Resistance levels: $0.0002500, $0.0002600, $0.0002700
Support levels: $0.0002200, $0.0002100, $0.0002000
LBLOCKUSD Long-term Trend: Bullish (1 H Chart)
From the chart above we can be assured that LBLOCKUSD is in a bullish move in its long-term view.
The pair has reached the $0.0002131 resistance level as the 1-hourly chart opens today after which sellers intervened and dropped the coin price down to a $0.0002115 low level above the moving averages. This suggests a bullish trend pattern. This, however, may give the buy traders the motive to influence the price tendency.
Therefore, if the bulls increase their tension in the market, the price tendency will move above the key levels.
Next, further upsides are certain as indicated by the price indicator already pointing upwards, this means that a further rise in the market value of Lucky Block is certain and this may reach a $0.02000 high mark in the days ahead in its long-term outlook.
LBLOCKUSD Short-term Trend: Bullish (15-Minutes Chart)
The market value of LBLOCKUSD in the lower time frame (15 minutes) can be seen above the EMA-50 but below the EMA-9. This means that the market is in a bullish trend zone.
The price reversal at the $0.0002112 resistance level above the EMA-50 but below the EMA-9 as the 15-minute chart opens today, suggests that the buyers are coming in a grand style to dominate the market and sellers are getting weaker.
The coin is pointing up at around level 50% range of the daily stochastic; this implies the bulls may continue to dictate market direction. Hence, the bullish correction pattern may push the Lucky Block price up to a $0.02000 supply trend line soon as the bears remain hibernated in their lower time frame.
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