Lucky Block Price Prediction – October 6
The LBLOCKUSD price may likely increase further and the price could swing up to the $0.001000 level, provided buyers don’t give up and increase their momentum pressure in the market. In case buyers manage to break up the pattern’s resistance trend line at the $0.0002197 high value, a possible relief rally may drive the coin market price to the above-mentioned resistance mark and beyond, which indeed will be a turnaround for the coin holders.
Levels:
Resistance levels: $0.0001500, $0.0001600, $0.0001700
Support levels: $0.0000200, $0.0000190, $0.0000180
LBLOCKUSD Long-term Trend: Bearish (Daily 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. However, the bulls are now set to further swing up the coin price to the upper resistance zone.
The interference of short-term traders to the $0.0000260 low level in the past few days has also contributed to its bearish momentum in recent times.
The price swings up to a $0.0000371 high mark below the EMA as the daily chart commences today is a result of high commitment from the buy traders.
The long-term traders can grab this short bullish upswing to the overhead resistance, but the fate of Lucky Block’s near future price depends on the range breakout.
Adding to this, the market value of LBLOCKUSD is oversold already, there is a tendency for the coin to rise further, if the support level holds, this will enable buyers to take the crypto price up to a high of $0.001000 value soon in its long-term perspective.
LBLOCKUSD Medium-term Trend: Bearish (4H Chart)
Lucky Block is in a bearish trend market zone in its medium-term outlook. The price bar is trading in green slightly below the EMA-50 and has confirmed its bearishness. Thus, the crypto is about to swing up as we can see a new rising pattern at the support level. 
The market price has been slowed down due to the high inflow of the sell traders to the $0.0000286 support value in the previous action.
The bulls however made an increase to a $0.0000329 high value below the moving average as the 4-hour chart opens today. With this current trend, buyers can pick up the price at a cheaper rate and move the market further up.
Therefore, if the bulls increase their tension in the market, the price tendency will move above the key levels. Thus, a sharp breakout and closure above the $0.0001047 correction phase will invalidate any bearish thesis which will lead to an intraday gain for coin buyers.
Similarly, the price signal which is pointing upwards indicates that the trend will remain in an uptrend, if buyers should intensify their tension in the market and the prices break above the current resistance trend line, a bullish trend continues to the overhead resistance of $0.001000 is possible soon in the medium-term outlook time frame.
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