Lucky Block Price Prediction- November 25
LBLOCKUSD price is set to face the positive side and this may continue if the bulls could push higher and the current support value at the $0.0001334 level holds. The correction phase may possibly rise to hit the $0.02000 high trend line.
Levels:
Resistance levels: $0.0002500, $0.0002600, $0.0002700
Support levels: $0.0002091, $0.0001991, $0.0001891
LBLOCKUSD Long-term Trend: Bearish (1H Chart)
The market value of LBLOCKUSD can be seen in a bearish scenario in its long-term outlook. This is due to interference from the sell traders.
Earlier today the coin buyers responded to the market and pushed the coin price up to the $0.0001466 supply value. The momentum was lost as the bears overrode this and dropped the price down to a low at the $0.0001334 level below the moving average lines. However, buyers who invest in the coin during this trend will also make a profit.
Further, if Lucky Block buyers could hold the price above the $0.0001699 high mark and close a candle, closing above the mentioned resistance will signal a potential BUY.
In addition to that, the market is oversold already; this now calls for the emergence of buy traders. Therefore there is a possibility for price rejection at the mentioned support level. If this is achieved by the bulls, the upcoming bullish rally might build up to the $0.02000 resistance mark in the coming days in the long-term outlook.
LBLOCKUSD Short-term Trend: Bearish (15-Minutes Chart)
On the lower time frame, the Lucky Block market price is in a downward move. The short traders are involved in the order flow and the price bar can be seen below the moving averages. A break above the moving averages will propel the pair to rise.
Today, the Coin price reached a high of $0.0001450 value after which the sell traders intervened and smashed the price down to a $0.0001330 low level shortly after the 15-minutes session opens.
The return of the bulls at the $0.0001334 resistance value suggests that the bulls are set to push the coin price forward and this may continue.
With this trend, buyers can buy the coin at a lower price and move the market value of LBLOCKUSD further up.
Next, the pair is likely to resume an uptrend soon as the market has reached the oversold region. We can now expect the buy traders to push the price up to a key level at the $ 0.02000 mark above the current resistance level as the market turns bullish soon in its medium-term outlook.
You can purchase Lucky Block here. Buy LBLOCK
Leave a Reply