Lucky Block Price Prediction- October 21
LBLOCKUSD is more likely to climb above the $0.002250 resistance value soon to resume its bullish runs, if the bulls regroup and push higher, a bullish breakout from the $0.0002210 level will accelerate the new correction phase. The $0.3000 resistance mark and beyond might be the target.
Levels:
Resistance levels: $0.0002500, $0.0002600, $0.0002700
Support levels: $0.0002091, $0.0001991, $0.0001891
LBLOCKUSD Long-term Trend: Bearish (1H Chart)
The market value of LBLOCKUSD can be seen in a bearish scenario in its long-term outlook. This is due to interference from the sell traders.
The coin made it to the $0.0002165 supply level above the two EMAs as the 1-hourly chart resumes today. Nevertheless, today’s price drop to a $0.0002091 low value has still not stalled the bull run as the bulls are set to take charge and prevent any further dips. Traders might seize this opportunity to invest in the coin now at a cheaper rate.
Thus, the bullish correction at a $0.0002099 high value returns the buy investors to the market for the next increase race.
Further, the Lucky Block price is about to experience a bullish trend pattern 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 $0.03000 supply level might be tested soon in its higher time frame.
LBLOCKUSD Medium-term Trend: Bearish (15-Minutes 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.
The price hovers at around the $0.0002099 high mark as the 15-minutes chart opens today. There is likely to be a steady increase as the coin is set for a price reversal.
In addition, the price of Lucky Block is pointing up in the oversold region of the stochastic, this suggests that the selling pressure has ended and the cryptocurrency is about to resume an upside move soon.
It is therefore expected of the buyers to push the price up to a $0.03000 high level and beyond as we cross our fingers and watch out for BUY soon in its lower time frame.
You can purchase Lucky Block here. Buy LBLOCK
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