Lucky Block Price Prediction- June 22
The selling pressure on LBLOCKUSD may end shortly, as the coin anticipates a pullback at the $0.0000180 current low value. If investors could change their orientation and continue to demonstrate strength, the coin price may likely pull back and rise above the $0.0001099 previous resistance level and be further exposed to the $0.00012000 upper resistance level, igniting more buyers to the crypto market.
Levels:
Resistance levels: $0.0000500, $0.0000600, $0.0000700
Support levels: $0.0000200, $0.0000150, $0.0000100
LBLOCKUSD Long-term Trend: Bearish (Daily Chart)
The LBLOCKUSD pair is at an important juncture. The coin anticipates a pullback at its current low to resume an uptrend in its long-term outlook. The price bar can be seen below the moving average lines and has confirmed its bearishness. 
Short-term traders’ interference with the $0.0000191 low level in the prior action has led to its bearish momentum in its recent low.
The bears’ price decline to the $0.0000180 support level below the EMA-50 as the 4-hourly chart resumes today reflects more commitment from sell traders. However, traders who buy during a bearish market will benefit from greater future gains.
Thus, buyers must redouble their efforts and anticipate a pullback at the $0.0000180 to forecast a bullish increase in the market above the $0.0001099 high level.
Meanwhile, there is a possibility of price reversal at the mentioned support as the price of Lucky Block now trades at the oversold region.
This means that the buying pressure is about to commence, therefore, if the bulls should add more efforts to their tension in the market, the upcoming correction phase could reach the $0.0001200 resistance mark in the coming days as the bulls anticipate a pullback in the long-term perspective.
LBLOCKUSD Medium-term Trend: Bearish (4H Chart)
The market price of LBLOCKUSD remains bearish and therefore anticipates a pullback at its current low in its medium-term outlook.
The persistent bears’ pressure on the crypto in the last few hours has made the price remain below the supply levels at its recent low.
The coin plummeted below the supply level at the $0.0000180 support level as the 4-hourly chart resumed today. Nonetheless, traders may grab this opportunity to invest in the coin at a lower price for future gains.
With the overall market trend still bearish, if buyers could anticipate a pullback from the $0.0000180 support level, the Lucky Block price is likely to plunge higher and retest the high accumulation zone of the $0.0000340 barrier to confirm the potential bull run.
Meanwhile, the pair is below the level of 5% of the daily stochastic, which means that the market is oversold, this will enable the bulls to commence the upward movement soon. The $0.0001200 upper resistance level might be reached in the days ahead as the coin anticipates a pullback in its long-term outlook.
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