Lucky Block Price Prediction – May 8
Amid the recovery sentiment in the crypto market, the LBLOCKUSD price still trades in an uptrend. The crypto price remains in an uptrend at the $0.0000365 correction level creating a high supply region for buyers. Thus, if the crypto’s price could sustain above the $0.0000940 high level, the potential rally could surge higher to hit $0.0001200 and beyond, bolstering a higher recovery for coin buyers.
Levels:
Resistance levels: $0.0000500, $0.0000600, $0.0000700
Support levels: $0.0000300, $0.0000200, $0.0000100
LBLOCKUSD Long-term Trend: Bullish (Daily Chart)
Despite the low volatility in the crypto market, the LBLOCKUSD pair still trades in an uptrend and remains bullish in its long-term outlook. The price bar can be seen above the moving average line and has confirmed its bullishness. 
The impulse move by the long traders to the $0.0000351 high level during yesterday’s session has made the coin price still trade in an uptrend in its recent high level.
The high reactions from the bulls to the $0.0000356 supply value above the EMA-50 as a correction stage as the daily chart opens today, is as a result of more commitment and buying pressure in the Lucky Block market.
To maintain the current trend level and remain in an uptrend, buyers must redouble their efforts to forecast a bullish increase in the market above the $0.0000940 high level.
Additionally, there is a possibility of more upsides as indicated by the price signal which is pointing upwards to indicate an upward momentum. Therefore, if the bulls should add more effort to their tension in the market, the price of Lucky Block could still trade and remain in an uptrend to reach the $0.0001200 upper resistance mark in the long-term perspective.
LBLOCKUSD Medium-term Trend: Bullish (4H Chart)
On the 4-hour chart, the Lucky Block price still trades in an uptrend above the moving averages and has confirmed a bullish momentum breaking the previous high. The pair is in a smooth uptrend as can be seen from the chart below.
The bulls were able to reach the high of $0.0000346 level during the previous session which has enabled the crypto price to remain in an uptrend in its recent hike price.
The journey up north continues as the bulls caused a rise again to the price of LBLOCKUSD to the $0.0000356 resistance value above the moving averages as the 4-hourly chart opens today. This indicates that the coin price still trades in an uptrend and shows more active buy traders in the price flow.
However, a further increase in the bulls’ action may break above the previous high at the $0.0000450 value which will result in more gains for the coin holders.
In addition, the Lucky Block market is in an upward momentum as indicated by the daily stochastic. This implies that the uptrend rally has just started and with the look of things, the rally might swing up the coin price to a $0.0001200 high value soon in its medium time frame.
You can purchase Lucky Block here. Buy LBLOCK
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