Lucky Block Price Prediction – November 17
There is a possibility for the LBLOCKUSD price to retest the previous supply level as the market is in an attempt to soar higher. Therefore, if the bulls could trigger their forces in the market, the price may likely increase to retest the $0.0001602 previous high level to reach the $0.001000 high level and beyond.
Levels:
Resistance levels: $0.0001000, $0.0001100, $0.0001200
Support levels: $0.0000500, $0.0000400, $0.0000300
LBLOCKUSD Long-term Trend: Bearish (Daily Chart)
Lucky Block‘s price is in a bearish trend. Thus, the coin price retesting the previous high is the target of the bulls as the crypto approaches the oversold region at the moment in the higher time frame.
The sustained pressure from the bears at the $0.0000266 support level in the past few days has contributed to its bearishness in its recent low.
Meanwhile, the current price at a $0.0000275 low value below the supply trend lines has not stale the market condition of the crypto. Thus, traders who buy the coin during the bearish market will also make gains in the future.
Hence, if the bulls should increase their price action, and a bullish momentum is sustained far above the resistance trend lines, further bearish sentiment will be hibernated.
Further, the Stochastic also shows the market is retesting the previous supply level as soon as it approaches the oversold region. This means that the selling pressure will end soon. This will compel the bulls to resume the bullish trend to retest the $0.0001602 supply level; the $0.001000 upper resistance level might be reached in the upcoming days in its long-term outlook.
LBLOCKUSD Medium-term Trend: Bullish (4H Chart)
The currency pair trades in a bullish trend zone and may soon reach the stage of retesting the previous supply in its medium-term view. 
The sustained bullish pressure on the currency pair in the past few days has sustained the Lucky Block price above the supply trend levels in its recent high. This has enhanced the price to stay in green ready for an upward performance.
The LBLOCKUSD price on the 4-hour chart today is currently facing resistance and trading at the $0.000287 correction level above the EMA-50. Further, the rising prices reclaimed more confirmation for a bullish recovery.
Therefore, if the bulls should tighten their grip on the market, the price tendency may likely break up to retest the $0.0000319 resistance value, resulting in an intraday gain for the buy traders.
In addition, the daily stochastic indicates an upward trend, this means that the buy investors may likely continue with the bullish correction pattern to break up the current supply value which might further extend the LBLOCKUSD price to retest the $0.0001602 resistance mark soon in its medium-term outlook.
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