Lucky Block Price Prediction- November 1
The market value of the Lucky block may likely push higher to reach a significant level of $0.02500 high value if additional efforts are put in place by the bulls, the crypto’s price may be a turnaround for the buy traders resulting in more intraday gains.
Key Levels:
Resistance levels: $0.0002500, $0.0002600, $0.0002700
Support levels: $0.0002100, $0.0002000, $0.0001999
LBLOCKUSD Long-term Trend: Bullish (1H Chart)
As an outcome of low bearish momentum, the LBLOCKUSD trades in a bullish trend. The buyers are hindering the market from smashing through the supply zones.
The market was propelled higher by the bulls again after the interruption from sellers until it reached a new high at the $0.0002072 resistance mark as the 1-hourly session resumes today. This bullish breakout shows the level and the high impact of the buy investors on the crypto market.
Thus, if the bulls regroup and push higher, a steady rise above the mentioned supply value will accelerate the new correction phase to a significant key level in the supply area.
A further downward is unlikely at the moment as the momentum indicator shows the price signal is also moving upward at around level 38%, therefore, we expect the price distribution of Lucky Block to reach the $0.02500 supply mark in the days ahead in its long-term perspective.
LBLOCKUSD Short-term Trend: Bullish (15-Minutes Chart)
LBLOCKUSD is in a bullish race in the short-term outlook. The bulls also made an upward move to the $0.0002165 resistance level before the end of yesterday’s session. This gave buyers more strength to continue with the trend.
The current pullback at the $0.0002070 resistance value suggests that the bulls are now set to take the price to the next bullish phase at the upside.
Meanwhile, a further rise in the market price of Lucky Block is possible, as indicated by the momentum indicator which shows an upward trend. This means that the price will likely continue in an upward rally and might possibly extend to the $0.02500 supply level soon in its lower time frame.
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