Lucky Block Price Prediction – May 22
LBLOCKUSD‘s price is very likely to bounce up to the upper level as it holds a recovery opportunity with a bullish reversal pattern. The coin may likely bounce up to the $0.00001200 supply level as it faces the upper channel. If the bulls can redouble their efforts in the market, a possible breakout from the immediate resistance of $0.0000283 level will provide more evidence for a bullish recovery.
Levels:
Resistance levels: $0.0000500, $0.0000550, $0.0000600
Support levels: $0.0000300, $0.0000200, $0.0000100
LBLOCKUSD Long-term Trend: Bearish (Daily Chart)
The LBLOCKUSD pair is posed to bounce up to the upper high mark soon as we can see a new rising pattern in its long-term outlook. The price bar can be seen below the moving average lines and has confirmed its bearishness. 
The interference of short-term traders to the $0.0000259 low level in the previous action has contributed to its bearish momentum lately.
Today’s daily bullish candle at the $0.0000283 supply value below the moving averages validates the bulls’ return to the market to dominate. This break-up may increase the positive momentum and take the current correction to bounce up to new heights at the upper resistance level.
Thus, buyers must redouble their efforts to forecast a bullish increase in the market above the $0.0000940 high level which would further reinforce the bullish thesis.
Additionally, the price of Lucky Block might increase further if the bulls could push harder, if this is achieved, the price might bounce up to the $0.0001200 resistance level in the nearby days and beyond in its higher time frame.
LBLOCKUSD Medium-term Trend: Bearish (4H Chart)
The coin is also displaying a bearish posture, aiming to bounce up to the upper high level soon in its medium-term outlook. 
The increase in the momentum by the bears at the $0.0000260 supply value during the past session has dropped the Lucky Block price below the resistance lines in its recent price level.
The coin price made a pullback to a $0.0000274 supply mark below the moving average shortly after the 4-hourly chart opens today to invalidate any further bearish trend. However, the LBLOCKUSD is regaining its strength back as we can see a new corrective move by the bulls at the support levels.
Meanwhile, a further rise in the market price of the crypto is possible, if the buy traders can trigger their buying pressure and break up the $0.0000450 level
Furthermore, the daily stochastic signals an uptrend, if the bulls could push harder and sustain the coin price above the $0.0000450 previous high, the resulting rally may bounce up to a level of $0.0000940 and hit the $0.0001200 psychological level at the upside in the days ahead in its medium-term perspective.
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