Lucky Block Price Prediction – May 7
LBLOCKUSD price may reach the overhead resistance soon as the coin market is currently running a bullish race and remains stable at the moment. Following the ongoing recovery in the crypto market, the crypto market experienced a notable recovery, escalating from $0.0000349 to its current trading price of $0.0000356 which signals a better and sustainable recovery trend. Thus, a sharp breakout and closure above the current correction phase at $0.0000356 high value will invalidate any bearish thesis and the price might hit the high at $0.0001200 resistance level and beyond.
Levels:
Resistance levels: $0.0000500, $0.0000600, $0.0000700
Support levels: $0.0000350, $0.0000300, $0.0000250
LBLOCKUSD Long-term Trend: Bullish (Daily Chart)
The Lucky Block price is trending up and the price may reach the key overhead resistance soon in its long-term view. The coin price is being dictated by the bulls right now, so it seems that the bulls are about to take over and push us higher. 
The sustained bullish pressure at the $0.0000345 supply value during the past session has made the crypto’s price stay above the supply trend line in its recent high and this may reach the high of $0.0001200 level soon.
The bulls made an increase to the $0.0000356 supply value above the EMA-50 shortly after the daily chart opened today. This indicates that the buy investors are dealing in the coin investment.
Therefore, if the bulls could increase their tension in the market, the price tendency may reach the high of $0.0001099 high level, accentuating higher growth potential for the Lucky Block market.
Notably, the LBLOCKUSD price is also pointing upwards, this suggests that the coin price may likely continue in an upward direction and this may reach the high of $0.0001200 supply trend line in the days ahead in its higher time frame.
LBLOCKUSD Medium-term Trend: Bullish (4H Chart)
The price of LBLOCKUSD may reach the upper high level soon in its medium-term outlook. The prices are seen facing the upper resistance above the moving averages; this is due to the high impact of the bulls on the coin market. 
The crypto has been an interference with the buy traders in the previous action and has moved the price above the supply levels in its recent high and this may reach the upper high level.
On the 4-hourly chart today, there is a broader recovery in the prices. The Lucky Block jumped up to a $0.0000356 supply level above the moving averages as the bulls took to their stand in the market.
This bullish correction, however, indicates a gradual improvement in market sentiment and leads to more intraday gains in assets to higher prices. Meanwhile, a further rise in the market price of LBLOCKUSD to the previous high of $0.0000390 value is possible, as the selling pressure has ended.
In addition, more upsides are still coming as shown by the stochastic oscillator pointing upwards to indicate an uptrend. With the look of things, the price of Lucky Block may reach the high of $0.0001200 high value in no long time in the medium- time frame.
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