Lucky Block Price Prediction- November 26
Lucky Block price is about to face the ascending channel after completing the dip-lows by the short traders. The coin is hovering below the support level at $0.0001415 in the oversold region; if the bulls increase their strength and move the coin price to the upside, the $0.2000 upper high mark might be the target and would be a turnaround for the coin buyers.
Resistance levels: $0.0002000, $0.0002100, $0.0002200
Support levels: $0.0001450, $0.0001350, $0.0001250
LBLOCKUSD Long-term Trend: Bearish (1H Chart)
LBLOCKUSD is in a bearish market zone at present in its long-term outlook. The market value has dropped due to the bearish impact. The bulls caused a rise to a $0.0001603 high level after which sellers intervened and dropped the price down to a $0.0001391 low level during yesterday’s session.
The bulls’ pressure on the crypto pushed the price up a bit to the $0.0001567 resistance value as the 1-hourly chart opens today.
Buyers lost momentum while the bears dropped the price to the $0.0001415 support level below the moving averages.
Meanwhile, the value of Lucky Block may likely reverse and increase despite its negative moves, if buyers should exert more force into the market.
Hence, Lucky Block is at the oversold region of the daily stochastic, this means that the selling pressure will end very soon, so the currency pair is set to be stronger in the coming days and likely to go up toward the $0.2000 upper resistance value in its long-term outlook.
LBLOCKUSD Short-term Trend: Bearish (15-Minutes Chart)
The currency pair is in a downward move in its short-term outlook. This is because the short traders are more actively involved in the order flow at the present.
However, the market value of LBOCKUSD rises to a $0.000 high level and later dropped to a $0.0004615 low level below the moving averages as the 15-minutes chart opens today.
Despite the negative moves, the bulls decided to take a turnaround move and pull back at the $0.0001416 supply value to indicate the resumption of the bullish trend.
Further, the market price of Lucky Block now trades below the 20% range of the price signal. This means the buying pressure will soon take over the coin market.
As a result, the forthcoming bullish rally might reach the $0.2000 high value in the nearby days in its lower time frame.
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