Lucky Block Price Prediction – October 24
Due to an increase in buying pressure, the LBLOCKUSD price at the moment shows signs of upward retracement and the price will move higher as the pair commences its recovery pattern. The coin is trying hard not to fall heavily to the downside. Therefore, if the bulls could trigger their forces in the market, the coin price may likely break from the $0.0000293 high value to retest its previous high at the $0.0001602 level which might possibly extend to the $0.0010000 upper resistance trend line which in turn will lead to a great buying signal for the interested traders.
Key Levels:
Resistance levels: $0.0001000, $0.0001100, $0.0001200
Support levels: $0.0000400, $0.0000300, $0.0000200
LBLOCKUSD Long-term Trend: Bearish (Daily Chart)
As shown in the chart, the price of LBLOCKUSD is in a downtrend in its long-term outlook. The price bar can be seen below the EMA-50 which indicates a bearish momentum. 
Meanwhile, a sign of an upward retracement has been noticed below the supply level as the bulls begin their upward rally.
The coin price has been slowed recently due to the intervention of the bears to a $0.0000247 low value during yesterday’s session.
The Lucky Block price earlier today made an upward retracement to a $0.0000293 high mark below the EMA-50, which gave the coin the tendency to rise further.
Thus, if the bulls can put extra effort into the price action and break above the $0.0001602 supply mark, further selling pressure will be put into hibernation.
In a like manner, the LBLOCKUSD pair shows signs of more upward retracement as the momentum indicator remains in an upward direction. This suggests that the bullish pattern may likely continue, we can therefore expect the potential bull trend to push us high to the $0.0010000 upper resistance mark in the coming days in its long-term view.
LBLOCKUSD Medium-term Trend: Bullish (4H Chart)
Lucky Block turns positive today. The price shows signs of upward retracement and remains bullish in the medium-term time frame. This is clear as we can see the prices trading above the EMA-50. 
Pressure from the bulls at the $0.0000286 high value in the previous action has sustained its upward stability in its recent high.
The market price of LBLOCKUSD is currently trading at the resistance level of $0.0000293 slightly above the EMA-50; this assures or confirms the bull’s gradual return to the market. The longer the price stays above the mentioned level, the more pressure builds up to reach a key significant level at the upside.
The current correction value may likely prolong the bullish rally to break its previous high at the $0.0000329 value if the bulls could add more strength to their buying power. Further, the Lucky Block price now points up, this suggests that the buying pressure has just begun.
Thus, this forthcoming development may drive the crypto price to test the previous high at the $0.0000329 level and extend to the $0.0010000 upper resistance trend line in the days ahead in its medium-term forecast.
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