Lucky Block Price Prediction: LBLOCKUSD to Swing up, Breakout Imminent

Lucky Block Price Prediction- October 1
The market price of LBLOCKUSD may resume its upside moves soon. Based on the outlook, should the daily candlestick closes above the $0.0004412 supply mark, the correction phase will extend to meet the resistance at the $0.02000 trend line.

Key Levels:
Resistance levels: $0.004500, $0.004600, $0.004700
Support levels: $0.0003900, $0.0003800, $0.0003700
LBLOCKUSD Long-term Trend: Bullish (1H Chart)
LBLOCKUSD indicates an upward trend with a bullish sentiment in its long-term perspective. The coin is trading above the two EMAs. However, the market is presently facing resistance at the recent high.

Earlier today, the bull run caused a rise in the price of Lucky Block to a high at the $0.0004171 level after which the sell traders returned the price to a low at the $0.0004126 support level above the moving averages.

This current trend will enable the price to remain on the upside and rise or break out to the upside. This however creates a strong area of interest for the buyers.

Hence, with the price pointing upwards on the daily stochastic means that further upside is certain. It is therefore expected that the buy investors will move the price action up and may likely hit the $0.02000 supply level soon in its higher time frame.

LBLOCKUSD Short-term Trend: Bullish (15-Minute Chart)The market price of LBLOCKUSD which increases from $0.0003976 to the $0.0004171 high level above the moving averages suggests an uptrend in the context of the strength of the market. Thus, closing the 15-minute session above the $0.0004381 will put the trade more on the buy side.

Hence, the pair pointing up on the daily stochastic means that the buying pressure may continue, and suggests a possible recovery of the $0.02000 supply level in the coming days in the lower time frame.

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