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Lucky Block Price Prediction: LBLOCKUSD May Break Up the $0.0001930 Resistance Level

Johnathon Fox
11/18/2022 | UPDATED ON: 11/22/2022

Lucky Block Price Prediction- November 18
LBLOCKUSD has been in a downtrend for a while and is on the verge of reversal at the moment. Lucky Block Price Prediction: LBLOCKUSD May Breakup the $0.0001930 Resistance Level. An increase in the bulls’ pressure may break up its previous high at $0.0001905 value and this may swing up the crypto’s price to the $0.02000 supply level and beyond.

Levels:
Resistance levels: $0.0002000, $0.0002100, $0.0002200
Support levels: $0.0001700, $0.0001600, $0.0001500
Lucky Block Price Prediction: LBLOCKUSD May Breakup the $0.0001930 Resistance Level

LBLOCKUSD Long-term Trend: Bearish (1H Chart)
LBLOCKUSD is in a downward trend with a bearish sentiment in its long-term perspective. The coin price can be seen below the two EMAs. This is due to the high inflows from the sell traders.

Due to the intervention from the short traders, the coin price found support at the $0.0001627 mark after possible trials by the bulls to sustain the price as the 1-hourly chart opens today. Thus, a break above the $0.0001930 would intensify the buying pressure on the crypto.

Further, if additional selling power is prevented the price of Lucky Block may likely hit $0.02000 soon in its higher time frame.

LBLOCKUSD Short-term Trend: Bearish (15-Minutes Chart)
LBLOCKUSD pair is in a bearish market in its short-term outlook. The pair is currently below the moving average lines. Thus, the bulls are capable of pushing higher from this trend line as the market is oversold.
Lucky Block Price Prediction: LBLOCKUSD May Breakup the $0.0001930 Resistance Level
The current price at the $0.0001627 support value is a result of the inflow from the short traders. Hence, traders who also invest in this trend will also make more gains.

Meanwhile, there is a possibility of a bullish breakout as the market is oversold already. If the bulls should add more efforts to the tension in the market. The next target could be the $0.02000 supply trend mark in the short-term perspective.

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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