{"@context":"https:\/\/schema.org\/","@type":"BlogPosting","@id":"https:\/\/forexschoolonline.com\/lucky-block-price-prediction-lblockusd-price-may-bounce-off-the-support-level-soon\/#BlogPosting","mainEntityOfPage":"https:\/\/forexschoolonline.com\/lucky-block-price-prediction-lblockusd-price-may-bounce-off-the-support-level-soon\/","headline":"Lucky Block Price Prediction: LBLOCKUSD Price May Bounce-off the Support Level Soon","name":"Lucky Block Price Prediction: LBLOCKUSD Price May Bounce-off the Support Level Soon","description":"Lucky Block Price Prediction \u2013 October 18 The LBLOCKUSD pair may likely bounce off the support line and break up the resistance level at the $0.0000398 soon. Thus, if the bulls could push harder and exchange hands with the sell traders at the current support value of $0.0000211, a sharp breakout and closure by the […]","datePublished":"2024-10-18","dateModified":"2024-10-18","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\/2024\/10\/LBLk-FRI-LNT-2.png","url":"https:\/\/forexschoolonline.com\/wp-content\/uploads\/2024\/10\/LBLk-FRI-LNT-2.png","height":579,"width":1281},"url":"https:\/\/forexschoolonline.com\/lucky-block-price-prediction-lblockusd-price-may-bounce-off-the-support-level-soon\/","about":["Cryptocurrency","Forex Trading Tools","FX Technical Analysis","Price Action Charts in Focus","Trade Idea","Trade Setups"],"wordCount":533,"keywords":["LBlock","LBLOCKUSD","Lucky Block","Technical Analysis"],"articleBody":"Lucky Block Price Prediction \u2013 October 18The LBLOCKUSD pair may likely bounce off the support line and break up the resistance level at the $0.0000398 soon. Thus, if the bulls could push harder and exchange hands with the sell traders at the current support value of $0.0000211, a sharp breakout and closure by the bulls above the mentioned resistance value will invalidate any bearish thesis. The price might hit the high of $0.000800 upper level and beyond, restoring the bullish sentiment in the marketKey Levels:Resistance levels: $0.0000217, $0.0000218, $0.0000219Support levels: $0.0000140 $0.0000139, $0.0000138LBLOCKUSD Long-term Trend: Bullish (Daily Chart)Lucky Block pair experiences a slight drop and remains bullish on the higher time frames. However, the price may bounce off the support level when it remains intact in the higher time frame. The coin price is in red above the EMA-50, indicating an uptrend in the context of the market’s strength. The successful breakout by the bulls to the $0.0000218 supply value during yesterday\u2019s session has made it possible for the LBLOCKUSD market to retain its bullish strength in its recent high. Meanwhile, the coin price is ready to bounce off the support level as the selling pressure seems to be ending soon.Today, the slight downtick to $0.0000211 above the EMA-50 as the daily session resumes has not stale the bullish run as it remains intact in an uptrend. However, this gives room for a more bullish impact in the market as the price gets ready to bounce \u2013off the support level at the moment.Hence, staying above the supply levels indicates a strong possibility for a bullish correction. A strong push by the bulls and a break up above the $0.0000398 previous resistance point would invalidate any further bearish moves and strengthen the bullish pressure.Notably, the Lucky Block price may bounce off the support level as soon as the coin market reaches the oversold region, suggesting the selling pressure is about to stop. Therefore, more upsides are likely as the market approaches the oversold region. In light of this, the crypto price may reverse at the $0.0000211 current support to reach a $0.0000800 supply level in the days ahead as it’s getting ready to bounce off the support level in its long-term outlook.LBLOCKUSD Medium-term Trend: Bearish (4H Chart)In the medium term, the LBLOCKUSD price displays a negative trend and will soon bounce \u2013off the support level as the bulls are currently correcting. The price is near the supply level, suggesting a bearish trend. The cryptocurrency price has been below the supply trend levels since its most recent low due to the persistent bearish pressure over the last few hours.The Lucky Block price rebounded and bounced \u2013off the support level to a $0.0000211 high value below the EMA-50 as the 4-hourly chart opens today, indicating a genuine reversal attempting the $0.0000330 crucial supply barrier.In light of this, a bullish impact by the buy investors toward the higher side is likely as indicated by the daily stochastic pointing in an upward direction, the bulls could therefore aim at the psychological level of $0.000800 resistance value in the day ahead as LBLOCKUSD price set to bounce \u2013off the support levels in its medium-term perspective.You can purchase Lucky Block here. Buy LBLOCK"}