Lucky Block Price Prediction: LBLOCKUSD May Likely Rebound at $0.0002053 Low Value

Lucky Block Price Prediction- October 28
LBLOCKUSD price might possibly break out and resume its uptrend soon if buyers should trigger the buying pressure and break up the $0.0002159 resistance level, the coin price may prolong the correction rise to a $0.2000 high level. Thus, a clear buy signal.

Levels:
Resistance levels: $0.0002300, $0.0002400, $0.0002500
Support levels: $0.0002000, $0.0001999, $0.0001899
LBLOCKUSD Long-term Trend: Bearish (1H chart)
Due to the interaction from the sell traders, the market price of LBLOCKUSD is in a bearish trend in its long-term outlook.

Earlier today, after making a smooth ride up to a $0.0002145 high mark by the bulls, interaction from sellers drove the coin price down to a low at $0.0002053 value below the moving averages. Meanwhile, traders who buy the coin during a massive bearish market will also make a profit.

As a matter of fact, if all the support holds and the buy traders could push higher, the Lucky Block price may likely rise above the supply trend line at the $0.0002159 mark.

Thus, the coin has reached bearish exhaustion as the market now trades below the 10% range of the daily stochastic in the oversold region. The emergence of the bulls is certain now, so, we expect the coin to give a bullish breakout of the bearish pattern and might possibly retest the $0.0002500 supply level, this may eventually lead the crypto price to the $0.5000 high mark in the coming days in its long-term perspective.

LBLOCKUSD Medium-term Trend: Bearish (15-Minutes chart)On the medium-term outlook, LBLOCKUSD is showing a downward movement. The coin has also reached a high level of $0.000.2117 before the downside movement resumes as the 15-minute session opens today.

Further upsides are certain as the price action of the coin is in the oversold region already, this will compel buyers to resume and move the market value of Lucky Block up. The upcoming bullish correction rally might possibly reach the significant level of the $0.2000 supply mark soon in the lower time frame.

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