Lucky Block Price Prediction – October 10
The market value of LBLOCKUSD is presently going up. The coin price targets the $0.0000450 supply amidst the market surge as it has formed a bullish reversal pattern. However, the crypto price will still go further if the current support at $0.0000210 holds. The crypto’s price may continue its upside moves to retest the $0.0000450 previous high level which could further target the $0.0001200 supply amidst the market surge, provided buyers increase their actions in the market.
Key Levels:
Resistance levels: $0.0000230, $0.0000240, $0.0000250
Support levels: $0.0000200, $0.0000190, $0.0000180
LBLOCKUSD Long-term Trend: Bullish (Daily Chart)
LBLOCKUSD is bullish as the price targets overhead resistance in its long-term outlook. The price responded to the shift in the market structure and is currently trading above the moving average, suggesting a bullish momentum. 
The crypto price has been below the supply trend levels since its most recent low due to the persistent bullish pressure over the last few days.
With the positive sentiment, the Lucky Block price targets the upper high levels, as it rallied up to the $0.0000223 resistance value above the moving averages as a pullback and breached the $0.0000220 daily barrier as the daily chart opens today.
Thus, a possible breakout from the $0.0000298 neckline will accelerate the buying momentum and push the prices higher to hit the 0.0000450 previous resistance levels, bolstering more buying pressure on the crypto as the coin price targets the upper resistance levels.
Further, the market is now pointing up on the daily stochastic, suggesting the emergence of more bulls. Hence, the bulls are expected to turn around the price of LBLOCUKSD, and the price target might be the $0.0001200 supply value amidst a market surge in the days ahead in its higher time frame.
LBLOCKUSD Medium-term Trend: Bearish (4H Chart)
The above chart shows that LBLOCKUSD is trending while the coin price targets the upper high level as the new correction begins below the resistance level. The price currently trades slightly below the EMA-50, indicating that the coin market is bearish.
During the previous action, the bears’ pressure at the $0.0000210 support level has sustained the coin price below the moving average in its recent low.
The coin is recovering from the recent correction as fresh buying emerges near the supply level following the upward race at a $0.0000223 high mark below the EMA-50 to resume the 4-hourly chart today.
The altcoin has completed its correction and is now set for an upswing. The bulls have decided to shift the trend up as the coin price targets the key psychological level at the upside.
Thus, a possible breakout from the $0.0000249 neckline will accelerate the buying momentum and push the prices to target the 0.000298 previous resistance levels.
Meanwhile, the Lucky Block pair has a target price of $0.0001200 supply level amidst the market surge as it continues its uptrend movement to the upper resistance, indicated by the daily stochastic pointing upwards. Hence, the mentioned target might be reached in the coming days in its medium-term perspective.
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