Lucky Block Price Prediction: LBLOCK Rebounds Sharply and Yet to Break $0.0002400

Lucky Block Price Prediction – October 10, 2022
On October 2, LBLOCK rebounded and broke above the moving average lines but yet to break $0.0002400. The rally reached the high of $0.0007474 but faced selling pressure. The crypto declined to $0.000 1717 low on October 7.For the past four days, the altcoin has been consolidating above the current support.

LBLOCK Price Statistics Data
LBLOCK price now –
LBLOCK market cap –
LBLOCK circulating supply –
LBLOCK Total Supply –
LBLOCK Coinmarketcap ranking – #3468

Key Levels:
Resistance levels: $0.0021, $0.0022, $0.0023
Support levels: $0.00200, $0.001900, $0.001800

LBLOCK/USD Medium-term Trend: Bearish (4-hour chart) – Yet to Break $0.0002400

LBLOCK has resumed selling pressure after the October 2 price spike. On October 6 downtrend; LBLOCK made an upward correction and a candle body tested the 78.6% Fibonacci retracement level. The correction suggests that LBLOCK will fall to level 1.272 Fibonacci extensions or level $0.0001673. From the price action, the altcoin reached the low of $0.0001717 and resumed a range bound move.

LBLOCK/USD Medium-term Trend: Bearish (1-Hour Chart)

On the 1-hour Chart, LBOCK is in a downward correction but yet to break $0.0002400. October 8, the altcoin rallied to the high of $0.0002424 but dropped sharply above the moving average lines. In the meantime, LBOCK is fluctuating between $0.0001820 and $0.0002200 price levels. The uptrend will resume if the bullish momentum is sustained above the resistance at $0.0002200. The cryptocurrency is below the 80% range of the daily Stochastic LBLOCK is in a bearish momentum.

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