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Lucky Block Price Prediction: LBLOCKUSD Price Retracement Will Surge Higher

Johnathon Fox
11/15/2024 | UPDATED ON: 11/15/2024

Lucky Block Price Prediction- November 15

The LBLOCKUSD price retracement will surge higher. The crypto price is correcting after surging to a daily high of $0.0000221. Despite declining 8% in the past session, the price is still up 10% today and is set to rise further, suggesting another opportunity to buy. The coin sends a bullish crypto signal trading above the EMA. Amid the selling pressure the coin gave a bullish breakout from the $0.0000221, suggesting that buyers are making a recovery attempt. Thus, if the crypto’s price sustains above the $0.0000398 high level, the potential rally could propel the crypto price towards the $0.0000800 upper resistance level and beyond, indicating a surge in interest and activity from traders.

Key Levels:
Resistance levels: $0.0000220, $0.0000221, $0.0000222
Support levels: $0.0000170, $0.0000160, $0.0000150

LBLOCKUSD Long-term Trend: Bullish (Daily Chart)

The LBLOCKUSD pair retracement will surge as the coin price begins its bullish rally in the higher time frame. This is clear as prices are trading above the moving average lines indicating an uptrend. So it seems likely that the price retracement will surge as the bulls are determined to take over and push us higher.
Lucky Block Price Prediction: LBLOCKUSD Price Retracement Will Surge Higher
Bullish pressure at the $0.0000235 supply level in the past session has caused the coin price retracement to surge. It remains above the supply trend levels at its recent high.

After completing the low-dips by the sell traders at the $0.0000235 low value, the bulls moved the LBLOCKUSD price retracement higher to a $0.0000221 level above the supply levels as a pullback as the daily chart resumes today, indicating more concerns from the buy investors.

Thus, a possible breakout from the mentioned supply will accelerate the buying momentum and push the prices of Lucky Block higher to hit the previous high at $0.0000398 level, bolstering buyers for a sustainable rally.

Additionally, as a result of an upward momentum shown by the price indicator, the LBLOCKUSD price retracement will surge higher to touch the $0.000800 resistance level sooner in its long-term outlook.

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

The medium-term chart indicates that the LBLOCKUSD price retracement will surge higher despite the interference of short-term traders in the price flow. The coin buyers are making attempts to bounce off the support to gain more strength.
Lucky Block Price Prediction: LBLOCKUSD Price Retracement Will Surge Higher
The price of Lucky Block is slightly above the moving averages, indicating that buyers are gradually returning and gaining more strength in the market.

The sustained bullish pressure to a $0.0000230 high mark in the past few hours has made the recent price retracement surge higher above the EMA-50 in its recent high.

The LBLOCKUSD pair rebounded after testing the lows at $0.0000224. Now, the coin price at the $0.0000221 resistance value, above the moving averages shortly after the opening of the 4-hourly chart indicates the price retracement will surge higher as buyers are returning to the market to push us higher. Thus, a break above the $0.0000330 supply mark will put further selling pressure into hibernation.

In addition, the Lucky Block price is pointing upward on the daily stochastic, indicating that the price retracement will surge higher.
Therefore, we anticipate a breakup of the $0.0000330 supply level and growth of the crypto price to the resistance of $0.0000800 value in the coming days as the coin price retracement suggests to surge higher in its medium-term time frame.

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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