Lucky Block Price Prediction – October 7
The Lucky Block market has just pulled out from its shell, from the look of things the coin may continue its bullish movement and the price retracement could surge above the mentioned resistance level if buyers aggressively increase their activities in the market. The coin might further climb up to the $0.001000 upper resistance level and beyond, resulting in an intraday gain for coin buyers.
Levels:
Resistance levels: $0.0001400, $0.0001500, $0.0001600
Support levels: $0.0000300, $0.0000200, $0.0000100
LBLOCKUSD Long-term Trend: Bearish (Daily Chart)
Lucky Block is bearish in its long-term outlook. The price responded to the shift in the market structure and is currently trading below the moving average.
The high bearish impact on the crypto at the $0.0000282 support level in the past few days has contributed to its bearishness in its recent price level.
The bulls overrode this and made a ride to a high at the $0.0000331 level as a retracement below the moving average as the daily chart commenced today. This suggests the buyers are actively dealing on the coin and the price retracement could surge higher above the resistance trend lines soon.
Hence, should the bulls push higher and close above the $0.0001602 high mark, a bullish breakout confirmation will reflect the improved market sentiment.
Notably, the market value of LBLOCKUSD is pointing up below the 10% range of the daily stochastic, this indicates that the selling pressure has ended. It is expected that the coin price to continue rising, as a result, the price retracement could surge higher above the $0.000200 resistance level soon in its higher time forecast
LBLOCKUSD Medium-term Trend: Bullish (4H Chart)
The market value of LBLOCKUSD in the medium-term time frame also trades in the bearish trend zone. This is a result of high turnover from the short traders. 
However, the bulls can be seen making a new correction below the resistance level and this retracement may surge above the $0.0002000 level.
The price which now trades at the $0.0000328 supply mark is an indication that the bulls are actively buying the coin at the moment. This will eventually make the coin gain more strength and push higher.
Further, if the Lucky Block buyers could hold and close the price above the $0.0001139 high mark a potential BUY signal will be attained.
Additionally, a continuation of the upsides is likely as the price indicator projects an upward move. This implies that the bullish trend will most probably continue and the retracement pattern might surge higher above the $0.0002000 resistance trend line resulting in intraday gains for the coin holders in its medium-term view.
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