Lucky Block Price Prediction – October 31
The LBLOCKUSD price may likely soar higher any moment from now. The coin having reached the oversold area is targeting the above–mentioned support and may likely reach there soon for future advancement. There is a possibility for the crypto to jump upside even more in the future to its previous swing high at the $0.0001602 level if the bulls are able to push harder. The next price target could be the $0.0010000 upper supply level and beyond.
Key Levels:
Resistance levels: $0.0001000, $0.0001100, $0.0001200
Support levels: $0.0000600, $0.0000500, $0.0000400
LBLOCKUSD Long-term Trend: Bearish (Daily Chart)
LBLOCKUSD is in a bearish scenario from a long-term perspective. The price is currently trading below the moving average line while targeting the upper supply level. 
The bearish pressure on the coin to a $0.0000272 low level during yesterday’s session has made the coin price remain below the supply levels in its recent low.
The price hovers at a $0.0000277 low level slightly below the moving average as the daily chart opens today.
Meanwhile, traders who buy the coin during a massive bearish market will also make a profit. As a matter of fact, if all the support holds and the buy traders could push higher, the Lucky Block price may likely rise above the supply trend line at the $0.0001602 mark.
Further, the LBLOCKUSD price now approaches the oversold region; this means that the bulls will soon emerge to turn around the coin market while targeting the upper resistance level. If this is achieved, the next bull race could reach the $0.0010000 upper high mark in the coming days in its higher time perspective.
LBLOCKUSD Medium-term Trend: Bearish (4H chart)
The Lucky Block price also trades in a bearish market in its medium-term outlook. The coin price is seen below the EMA-50 at its rising pattern targeting the resistance levels.
The bears’ action on the coin to a $0.0000278 low level in the previous session has dropped the coin price below the supply levels in recent times.
The price action at the $0.0000279 supply level below the moving average shortly after the opening of the 4-hour chart today indicates a high buying level and the return of buyers to the market.
The coin which is now facing a correction and targeting the upper resistance area could hit the $0.0000347 previous high soon to invalidate any further bearish thesis and set to move the price forward.
In addition, the price of LBLOCKUSD will rise further as the market is oversold already. This will compel the buy traders to resume the uptrend move soon; in this case, the $0.001000 resistance level might be the target in the medium-term view.
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