Lucky Block Price Prediction – November 22
The LBLOCKUSD pair will rise further as the market is currently facing high pressure from the bulls. The coin price is bound to move up and gain more strength if all the current support holds and the bulls could trigger their efforts and break up the $0.0002000 resistance trend line, the bullish correction pattern may extend the coin price to hit the $0.001000 high mark. Thus, a turnaround and clear buy signal for the coin holders.
Key Levels:
Resistance levels: $0.0000900, $0.0001000, $0.0001100
Support levels: $0.0000500, $0.0000400, $0.0000300
LBLOCKUSD Long-term Trend: Bearish (Daily Chart)
The market value of LBLOCKUSD in the long-term outlook suggests a bearish trend as the coin prices can be seen trading below the supply level. Meanwhile, the crypto is set to rise further as a new correction phase has just begun at the support level.
The bears’ activities on the crypto to a $0.0000251 low level in the past few days have contributed to the bearishness in its recent price level.
As of the time of writing, the market price of Lucky Block is at a $0.0000295 high point, which is marginally below the EMA-50. This suggests that bulls are gradually entering the market to take control soon. Hence, traders who buy at this current trend will still make more gains.
Consequently, in order for the market to rise further to a meaningful level in the overhead resistance zone, buyers must intensify their market activity.
Additionally, the price of Lucky Block is set to rise further as indicated by the daily signal which is pointing upwards.
We can therefore expect the buy traders to push the coin price above the overhead resistance trend line which may possibly reach the $0.001000 supply trend line in the coming days in its higher time frame.
LBLOCKUSD Medium-term Trend: Bullish (4H Chart)
The LBLOCKUSD pair remains in the bullish market zone in its medium-term view. The market price staying above the resistance trend line will rise further due to the high bullish impact on the crypto at present. 
The coin has been making higher highs and higher lows in previous actions; this has made it possible for the price to maintain an uptrend in its recent high.
Despite the interruptions from the short traders, buyers successfully pushed the market price of Lucky Block above the moving average lines at the $0.0000294 supply level as the 4-hour chart opens today.
This pattern suggests that the coin price might breach the $0.0000349 previous high point which could act as a significant resistance to bolster the recovery pattern.
Hence, there is a tendency for the coin to rise further, if the support level holds, this will enable buyers to take the price of LBLOCKUSD up to a high of $0.001000 soon in its medium-term perspective.
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