Lucky Block Price Prediction- November 5
After a successful breakout and retest, a buy at this time for LBLOCKUSD is inevitable. The coin market may further rise to a $0.02000 upper high trend line if the buy traders should increase their buying capacity. This will nullify any further bearish thesis, thus a clear buy signal and a turnaround for buyers
Key Levels:
Resistance levels: $0.0002500, $0.0002600, $0.0002700
Support levels: $0.0002043, $0.0002033, $0.0002023
LBLOCKUSD Long-term Trend: Bullish (1H chart)
Lucky Block is in a bullish trend market in its long-term view. It seems that the bulls are about to take over and push us higher. There are multiple possible targets at this point, but either way, the pair looks quite bullish here.
The market value of the coin which had reached the $0.0002160 resistance level above the moving averages as the 1-hourly chat opens today affirms the presence of more bulls in the market.
Likewise, the bulls are set now to take the price of LBLOCKCUSD up to a key significant level in the upper trend line as the momentum indicator shows that the buy holders are presently trading the coin.
Therefore it is expected that the bulls push the coin price further up to a high level at the $0.02000 upper supply mark, thus a potential buy for the coin holders and more intraday gains as well for them too in the days ahead in its long-term perspective.
LBLOCKUSD Short-term Trend: Bullish (15-Minutes chart)
LBLOCKUSD remains bullish on the lower time frames. This is clear as we can see price continues to make higher highs and higher lows.
We have also spotted a counter-trend line breakout in the direction of the bigger picture trend which singles the potential end of a pullback and the start of a continuation to the upside.
The bulls are now progressing upward on the lower time frame. The smooth increase to the $0.0002126 supply value above the moving averages as the 15-minute chart opens today affirms the bullish presence in the market. The price bar above the moving averages makes it possible for the coin to rise further.
Additionally, further upsides are certain as the Lucky Block price is showing an upward direction on the daily stochastic. This indicates that the price is in a bullish momentum and a buy signal. We can be sure that the crypto’s price will soon get to a significant level in the upper trend line at the $0.02000 resistance mark as the market turns bullish as well in the short-term outlook.
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