Lucky Block Price Prediction: LBLOCK/USD Price Awaiting a Breakout at $0.000031 Level
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Lucky Block Price Prediction – November 30
The Lucky Block price prediction reveals that if bulls increase their momentum, LBLOCK could rise toward the previous high of $0.000031 level.
LBLOCK/USD Long-term Trend: Ranging (Daily Chart)
Key Levels:
Resistance levels: $0.000037, $0.000039, $0.000041
Support levels: $0.000022, $0.000020, $0.000018
LBLOCK/USD is trading around $0.000029. In the range of the descending channel, the closest support is at $0.000027, with a resistance close to $0.000032. If the market increases, additional resistance may cross above the upper boundary of the channel. Below the moving averages, traders can expect support of around $0.000028.
Lucky Block Price Prediction: LBLOCK/USD Consolidates Before a Bullish Breakout
The Lucky Block price continues above the 9-day and 21-day moving averages to touch the daily high of $0.000031. However, looking at the daily chart, it is obvious that the market would rise after the sideways movement, which is noticeable for the moving average. Since a few days ago, LBLOCK/USD has been moving in the same direction as the market ranges.
Today, the coin is trading around $0.000029 by not dropping below the moving averages. However, if the Lucky Block retreat a little bit, it is likely for the coin to touch the support level of $0.000022, $0.000020, and $0.000018, but the traders should expect a bullish spike toward the resistance levels of $0.000037, $0.000039, and $0.000041 respectively.
LBLOCK/USD Medium-term Trend: Ranging (4H Chart)
On the 4-hour chart, the support level for the Lucky Block is built around $0.000027. The resistance is set at $0.000031 because the market price is still changing under the 9-day and 21-day moving averages which could touch the support level of $0.000026 and below. Technically, the price is expected to be an uptrend as the 9-day moving average remains above the 21-day moving average.
However, immediately after the signal line leaves the oversold zone, LBLOCK/USD would begin an upward movement. Therefore, any bullish cross above the moving averages may hit the resistance level of $0.00460 and above.
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