Lucky Block Price Prediction: LBLOCKUSD Price to Rise above $0.0002319 Supply Mark

Lucky Block Price Prediction- October 19
Lucky Block‘s price is likely to break out from its shell and face the positive side soon. The coin is hovering in between the moving averages which are glued together. if the bulls increase their strength and the price jump up closes above the $0.0002416 high level, further bearishness would be invalidated and the price could hit the $0.02000 supply level.

Levels:
Resistance levels: $0.0002500, $0.0002600, $0.0002700
Support levels: $0.0002200, $0.0002100, $0.0002000
LBLOCKUSD Long-term Trend: Bearish (1H Chart)
LBLOCKUSD is trading below the moving averages, this means that the price is in a bearish trend in its long-term view. The short traders are involved in the price distribution and the bulls also are not relenting.

The buyers made a rise to the $0.0002153 high mark shortly after the 1-hourly session opened today. As a result of the inflows from the bears, the price of Lucky Block dropped down to the $0.0002148 support value. Therefore, if the bulls increase their tension in the market, the price tendency will move above the key levels.

There are more of bullish runs to come as the market trades at the oversold region at the present, this suggests that the price of Lucky Block will still definitely rise further above the current supply level soon in the long-term outlook.

LBLOCKUSD Medium-term Trend: Bearish (15- Minutes Chart)LBLOCKUSD is having a bearish posture in its medium-term outlook. The bulls caused an increase to the $0.0002170 resistance level above the moving averages as the 15-minute chart opens today, however, the bulls lost the momentum when the sellers came in and dropped the price to the $0.0002146 support trend line
below the two EMAs.

Thus, the current supply mark at $0.0002148 confirms the return and presence of more bulls in the market at the moment. If buyers should intensify their efforts, the price trading and pointing up at the oversold region indicates that the price of Lucky Block will continue the correction race and might possibly retest the $0.02000 supply level in the days ahead in its medium-term perspective.

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