Lucky Block Price Prediction – October 29
LBLOCKUSD will jump as soon as it prepares to enter the resistance area. The selling pressure has ended and the coin price could be ready for an upward movement. If the buy investors could prove stronger up the more and the price shows sustainability above the $0.0000393 resistance value, its upsides should extend further to retest its previous high of $0.0000450 value. Then, we can expect a shift in trend to reach a $0.0001200 upper resistance level.
Levels:
Resistance levels: $0.0000215, $0.0000216, $0.0000217
Support levels: $0.0000198, $0.0000197, $0.0000196
LBLOCKUSD Long-term Trend: Bullish (Daily Chart)
LBLOCKUSD price will jump soon. The coin price seems to have pulled back a little, but the overall trend remains bullish in its long-term outlook. Further, the price is above the EMA-50, suggesting a bullish market.
The sustained bullish pressure during yesterday’s session has made the cryptocurrency price remain above the supply trend levels at its recent low. However, the coin price will jump above the current level as a new correction begins.
A rise to a $0.0000217 high level slightly above the EMA-50 by the bulls shortly after the daily chart opens today affirms the Lucky Block price will jump soon as the bulls return majestically to the market to stage a play.
Thus, the price of Lucky Block is set to jump and advance further if the bulls can redouble their efforts and push above the current supply level. Hence, a strong push above the $0.0000393 supply level will offer strong resistance to the crypto price.
Meanwhile, further downsides are unlikely as the market price of LBLOCKUSD suggests an uptrend on the daily signal. Therefore, we can now grow in confidence that the coin price will jump soon and a potential buy is coming near.
In light of this, the price jump could hit the 0.0001200 resistance level in the coming days, indicating a strong supply zone for a potential BUY in its higher time frame.
LBLOCKUSD Medium-term Trend: Bearish (4H Chart)
The LBLOCKUSD pair on the medium-term outlook shows that the coin price will jump soon. The price bar is below the EMA-50, suggesting a bearish trend due to the high impact of short-term traders in the price flow. 
The sustained selling pressure to the $0.0000215 support level before the end of yesterday’s session has made the price of Lucky Block drop below the supply trend lines in its recent high.
The market price of LBLOCKUSD pulled back and jumped to a $0.0000217 high level below the moving averages as the 4-hourly session opens today, indicating the coin price will jump soon as it begins its upward rally.
Such lower price rejection indicates that buyers are defending this level and attempting to push the price higher. Thus, closing the 4-hourly session above the $0.0000298 supply level will put the trade more on the buy side.
The pair is pointing upwards at around the 85% range of the daily stochastic, implying that the Lucky Block price will jump soon. Hence, the emergence of more buyers is crucial at this juncture, taking the crypto price to a $0.0001200 upper resistance level in the days ahead in its medium-term time frame.
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