Lucky Block Price Prediction- May 17
LBLOCKUSD price is very likely to resume an uptrend to break up the $0.0002681 supply level soon. The crypto might continue growing as we are seeing a bullish correction in place. The coin gave a bullish breakout from the $0.0001461 level, suggesting buyers are making a recovery attempt. Thus, if the crypto’s price could sustain above the $0.0002681 high level, a shift in the trend upward to the $0.02000 upper resistance level will be achieved. Thus, a turnaround and a buy signal for the coin holders.
Levels:
Resistance levels: $0.0002200, $0.0002300, $0.0002400
Support levels: $0.0001500, $0.0001400, $0.0001300
LBLOCKUSD Long-term Trend: Bearish (4H Chart)
The LBLOCKUSD pair is trading in the bearish trend market in its long-term outlook. The price bar can be seen below the moving average lines and has confirmed its bearishness. 
The interference of short-term traders to the $0.0001414 low level in the previous action contributed to its bearish momentum.
The coin having dropped down to a low at the $0.0001414 level in the previous action has been rejected by the bulls at the moment to the $0.0001489 resistance value slightly below the two EMAs as the 4-hourly session resumes today. Hence, buyers must redouble their efforts to forecast a bullish increase in the market above the $0.0002681 high level.
Adding to this, the Lucky Block market is pointing up in the oversold region, under the influence of this market level, the coin should rise steadily soon and break up the previous high at the $0.0002681 level to reach the $0.02000 resistance level soon as we watch the crypto market turns bullish in the long-term perspective.
LBLOCKUSD Medium-term Trend: Bullish (1H Chart)
The LBLOCKUSD pair is in a bullish market zone in its higher time frame. The price bar can be seen slightly above the EMA-9. This confirms its bullish trend.
The bulls’ pressure at the $0.0001463 supply value during yesterday’s session has sustained the coin price above the supply level in its recent high.
The market value of Lucky Block in the medium-term time frame at a $0.0001489 supply level is seen slightly above the EMA-9. There is a higher probability of the price breaking up its resistance level of $0.0002681 and going up much further
Thus, Lucky Block is pointing up on the daily signal, this indicates that the price of the crypto will still continue in an upward move and in this case, the $0.02000 supply level may be the target in its medium-term outlook.
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