Lucky Block Price Prediction- November 16
The Lucky Block market price is facing buying pressure at the moment and this may continue if the bulls could push higher and the current support value at the $0.0001449 level holds. The bullish correction phase may possibly rise to hit the $0.02000 high trend line.
Key Levels:
Resistance Levels: $0.0002000, $0.0002100, $0.0002200
Support Levels: $0.0001400, $0.0001300, $0.0001200
LBLOCKUSD Long-term Trend: Bullish (1-hour chart)
Lucky Block's price is in an upward momentum on the long-term outlook despite the inflows from sell traders. The price bar can be seen slightly above the EMA-9. Thus, the bulls are capable of pushing higher from this trend line.
After completing the low-dip by sellers, additional efforts were added by the buy investors and the price jumped up to a $0.0001498 high mark above the EMA-9, approaching the EMA-50. This suggests an uptrend as well as an indication that the buy traders are returning to stage a play in the market.
The coin is likely to continue its upside movement as shown by the momentum indicator which is also pointing upwards. More upsides are possible, as we watch the traders taking the market price of LBLOCKUSD to a solid bullish level, which might hit the $0.02000 high trend line in the nearby days in its long-term perspective.
LBLOCKUSD Short-term Trend: Bullish (15-Minutes Chart)
The LBLOCKUSD pair remains in the bullish market zone in its short-term view. The market price staying above the resistance trend line confirms its bullishness and the high impact of the bulls.
Despite the interruptions from the short traders, buyers successfully pushed coin prices above the moving average lines at the $0.0001529 supply level as the 15-minute chart opens today. This is evidence of a bullish recovery and growth in bullish momentum. Thus, this bullish pattern will encourage further healing and breach the $0.0001892 high value.
Additionally, there is likely to be a further increase in the price of Lucky Block 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 hit the $0.02000 supply trend line in the coming days in its lower time frame.
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