Lucky Block Price Prediction: LBLOCK Is Breaking Resistance

The LBLOCK price move moment has finally broken the $0.0001400 to the upside. And, from the looks of this market, there seems to be more fight left in it, as it may take on higher resistance from here.

Lucky Block: November 23rd, 2022
Lucky Block’s Value: $0.0001424
Market Capitalization for LBLOCK: $0.541 million
LBLOCK Flowing Supply: —-
Lucky Block Total Supply: 3.65 billion
LBLOCK Ranking on Coinmarketcap: #4473

Important Price Levels:
Resistance: $0.0001424, $0.0001455, $0.0001500
Support: $0.0001400, $0.0001380, $0.0001350

Lucky Block Price Prediction: LBLOCK Punches Its Way Through the $0.0001400 Price Level

With a Heavy blow, LBLOCK/USDT bulls were able to shatter the $0.0001420 price ceiling. Also, a Bullish crossover was initiated on the Stochastic RSI lines, as its lines are now in the oversold region. The last price candle here appeared after the lower band of the Bollinger indicator has been pushed by headwinds. Subsequently, the market reacted with an upward correction, and this with aligns with the operation of the Bollinger band indicator. At this point, Lucky Block’s price seems ready to rise further.

Lucky Block Price Prediction: Upside Advancement Continues in the LBLOCK Market

Moving to a LBLOCK/USDT market of a shorter time frame we can see that this upside move may continue even further. The first reason is that a new session has begun in favor of the bulls. Also, the price action is now much closer to the Moving Average curve, and with a more significant price upside move in this session, Lucky Block’s price will move above the MA. Eventually, traders in this market may gain additional bullishness, and as such prices will move further upwards as buying continues. Eventually, we may see Lucky Moving past the $0.0001500 to the upside.

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— Lucky Block (@luckyblockcoin) November 22, 2022

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