Lucky Block Price Prediction- October 20
LBLOCKUSD is attempting the next bull cycle after completing the lows. The crypto might increase in strength as a bullish correction takes place. The coin gave a bullish breakout from the $0.0000186 level, suggesting buyers are making a recovery attempt. Thus, if the crypto’s price sustains above a $0.0000389 high level, the potential rally could surge to hit the $0.0001200 supply value, resulting in a gain for coin holders.
Key Levels:
Resistance levels: $0.0000188, $0.0000189, $0.0000190
Support levels: $0.0000155, $0.0000154, $0.0000153
LBLOCKUSD Long-term Trend: Bearish (Daily Chart)
The LBLOCKUSD pair is attempting the next bull cycle; a breakout is imminent as the new correction takes place below the supply levels, indicating a downward trend in its long-term perspective. However, the market is facing resistance at the recent high, indicating a breakout is imminent soon. 
Actions from the short traders at a $0.0000174 low value on the 15th of November have contributed to its bearishness in its recent price level.
Lucky Block’s price movement to a $0.0000186 high level below the EMA-50 as the daily chart commences today suggests the token price is attempting the next bull cycle and a break out is imminent. However, a breakout above the overhead trend line could signal a change in price trend to test the previous barrier of $0.0000389, creating a strong area of interest for buyers.
Hence, the LBLOCKUSD price pointing upwards on the daily stochastic indicates a breakout is imminent. The bulls are expected to move the LBLOCKUSD price up and may likely hit the $0.0001200 supply level in the days ahead in its higher time frame.
LBLOCKUSD Medium-term Trend: Bearish (4H Chart)
On the medium-term chart, LBLOCKUSD is showing a downward movement. The coin is attempting the next bull cycle, and a breakout is imminent as the coin price makes its way to the resistance trend levels.
The market price of Lucky Block rises from $0.0000178 to the $0.0000186 high level below the moving averages as the 4-hour session opens today, suggesting the token price is attempting the next bull cycle and a break out is imminent as the bulls in–road briefly to influence market conditions.
Thus, closing the 4-hourly session above a $0.0000330 high mark will attract more buyers and move the coin market toward the targeted price.
Hence, the LBLOCKUSD pair pointing up on the daily stochastic indicates that the buying pressure may continue; and suggests a breakout is imminent and a possible recovery of $0.0001200 supply level in the coming days in the medium time frame.
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