{"@context":"https:\/\/schema.org\/","@type":"BlogPosting","@id":"https:\/\/forexschoolonline.com\/lucky-block-price-prediction-lblockusd-is-positioned-for-a-rise\/#BlogPosting","mainEntityOfPage":"https:\/\/forexschoolonline.com\/lucky-block-price-prediction-lblockusd-is-positioned-for-a-rise\/","headline":"Lucky Block Price Prediction: LBLOCKUSD Is Positioned for a Rise","name":"Lucky Block Price Prediction: LBLOCKUSD Is Positioned for a Rise","description":"Lucky Block Price Prediction – October 17LBLOCKUSD market is positioned for a rise and it is more likely to climb above the $0.0002197 resistance value soon to resume its bullish runs. If the bulls regroup and push higher, a bullish breakout from the $0.0001181 level will accelerate the new correction phase. The $0.001000 resistance mark […]","datePublished":"2023-10-17","dateModified":"2023-10-17","author":{"@type":"Person","@id":"https:\/\/forexschoolonline.com\/author\/jonfox\/#Person","name":"Johnathon Fox","url":"https:\/\/forexschoolonline.com\/author\/jonfox\/","identifier":1,"description":"Johnathon is a Forex and Futures trader with over ten years trading experience who also acts as a mentor and coach to thousands and has written for some of the biggest finance and trading sites in the world.","image":{"@type":"ImageObject","@id":"https:\/\/secure.gravatar.com\/avatar\/d0b589a007c132efe23124c05a02b68524844c0089401129bd50bc12ee59d3a9?s=96&d=monsterid&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/d0b589a007c132efe23124c05a02b68524844c0089401129bd50bc12ee59d3a9?s=96&d=monsterid&r=g","height":96,"width":96}},"publisher":{"@type":"Organization","name":"Forex School Online","logo":{"@type":"ImageObject","@id":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2018\/09\/FSO-Transparent-logo-gr.png","url":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2018\/09\/FSO-Transparent-logo-gr.png","width":240,"height":60}},"image":{"@type":"ImageObject","@id":"https:\/\/forexschoolonline.com\/wp-content\/uploads\/2023\/10\/LBLk-TUE-LNT-2.png","url":"https:\/\/forexschoolonline.com\/wp-content\/uploads\/2023\/10\/LBLk-TUE-LNT-2.png","height":528,"width":1080},"url":"https:\/\/forexschoolonline.com\/lucky-block-price-prediction-lblockusd-is-positioned-for-a-rise\/","about":["Cryptocurrency","Forex Trading Tools","FX Technical Analysis","Technical Analysis","Trade Idea","Trade Setups"],"wordCount":463,"keywords":["LBlock","LBLOCKUSD","Lucky Block","Technical Analysis"],"articleBody":"Lucky Block Price Prediction – October 17LBLOCKUSD market is positioned for a rise and it is more likely to climb above the $0.0002197 resistance value soon to resume its bullish runs. If the bulls regroup and push higher, a bullish breakout from the $0.0001181 level will accelerate the new correction phase. The $0.001000 resistance mark and beyond might be the target.Levels:Resistance levels: $0.0001800, $0.0001900, $0.0002000Support levels: $0.0000300, $0.0000200, $0.0000100LBLOCKUSD Long-term Trend: Bearish (Daily Chart)The LBLOCKUSD pair is trading in the bearish trend market in its long-term outlook. The price bar can be seen below the EMA-50 and has confirmed its bearishness. Meanwhile, the coin is now positioned for a rise as we can see a new correction in place.The interference of short-term traders to the $0.0000286 low level during yesterday\u2019s session has contributed to its bearish momentum in its recent price level. Today\u2019s pullback at the $0.0000307 high mark below the EMA-50 has still not stalled the bull run as the bulls are positioned for a rise to take charge and prevent any further dips. Hence, traders might seize this opportunity to invest in the coin now at a lower rate for more gains ahead.Thus, the bullish correction at a $0.0000307 high value returns the buy investors to the market for a rise. Therefore, if the bulls breach the $0.0001900 resistance, the next resistance level to watch out for would be around $0.0002197.Notably, the Lucky Block price is positioned for a rise as the market is below the 20% range of the daily stochastic. So the price could be ready very soon for another jump. In this case, a significant level above the $0.001000 supply level might be reached soon in its higher time frame. LBLOCKUSD Medium-term Trend: Bearish (4H Chart)LBLOCKUSD is bearish in the medium-term perspective. The price bars are below the moving averages, this means that the pair is in a bearish market zone. Hence, there is a confirmation that the coin is positioned for a rise as the bulls are regrouping at the moment.Sustained pressure from the short traders to a $0.0000286 low mark in the previous action has led the Lucky Block price below the supply levels in recent times.The price pushed higher to a $0.0000307 high mark below the EMA-50 as the 4-hour chart opens today. There is likely to be a steady increase soon as the coin is positioned for a rise. In addition, the price of Lucky Block suggests an uptrend on the daily signal, this suggests that the selling pressure has ended and the crypto is set for a rise soon.It is therefore expected of buyers to push the price up to a $0.001000 high level and beyond as we cross our fingers and watch out for BUY soon in its medium-term perspective.You can purchase Lucky Block here. Buy LBLOCK"}