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Lucky Block Price Prediction: LBLOCKUSD May Breakup the $0.0002241 Resistance Level Soon

Johnathon Fox
11/12/2022 | UPDATED ON: 11/12/2022

Lucky Block Price Prediction- November 12
LBLOCKUSD has been in a downtrend for a while and is on the verge of reversal at the moment. An increase in the bulls’ pressure may break up the supply mark at $0.002241 and this may swing up the crypto price to a $0.02000 high mark and beyond.

Levels:
Resistance levels: $0.0002300, $0.0002400, $0.0002500
Support levels: $0.0001800, $0.0001700, $0.0001600
Lucky Block Price Prediction: LBLOCKUSD May Breakup the $0.0002241 Resistance Level Soon
LBLOCKUSD Long-term Trend: Bearish (1H Chart)
LBLOCKUSD is trading in the bearish trend zone in the long-term perspective. The coin reached the $0.0001805 high level as the 1-hourly chart opens today.

The market value of the pair at the $0.0001805 resistance value can be seen below the moving averages. The bulls are trying hard not to fall to the downside.

In addition, the momentum indicator shows that the price now is very close to the oversold region, meaning that a breakout by the bulls is imminent soon and in no long time the bullish correction rally might push the coin price to the $0.02000 resistance level in the days ahead 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 trading below the $0.0001900 support value.
Lucky Block Price Prediction: LBLOCKUSD May Breakup the $0.0002241 Resistance Level Soon
The smooth ride to the $0.0001832 high mark shortly after the 15-minutes session begins today indicates the high impact of the bulls in the market. The involvement of the bears however dumped Lucky Block’s price to the $0.0001799 low level below the moving averages. It is worth of note that buyers who invest in the coin at this trend will also make profits.

Further, the market is oversold already, this now calls for more buyers to emerge soon and push the crypto’s price further up, and in this case, the price might possibly hit the $0.02000 resistance value in the coming days in its lower 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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