Lucky Block Price Prediction – August 5
LBLOCKUSD price flashes a bullish pattern as the market prepares for the upward trend. The coin is trying hard not to fall heavily to the downside. Therefore, if the bulls could trigger their forces in the market, the price may likely reverse from the daily $0.0000165 support value and turn positive to reach the $0.0000745 high level which could further expose the $0.0001200 upper resistance mark, suggesting the potential for a higher rally.
Levels:
Resistance levels: $0.0000400, $0.0000450, $0.0000500
Support levels: $0.0000150, $0.0000130, $0.0000120
LBLOCKUSD Long-term Trend: Bearish (Daily Chart)
The Lucky Block price flashes a bullish pattern as it is about completing the downward momentum in its long-term perspective. The price is below the moving average, indicating a low momentum. 
The coin price has remained below the supply trend levels at its current low due to the persistent bearish pressure that has been present over the last few days.
However, the LBLOCKUSD price today flashes a bullish pattern as the price drops to crucial support at the $0.0000165 level below the moving average as the 4-hourly chart opens, indicating that a bullish reversal at the current support is pertinent soon. Further, investors may seize the opportunity to buy the coin at a lower price and look for more gains.
Notably, the daily stochastic flashes a bullish pattern pointing upwards in the oversold region, suggesting that the selling pressure on the coin may be subsiding.
As a result, the upcoming bullish pattern might soar high to hit the $0.0000745 buyers, an accumulation level which may expose the Lucky Block price to the $0.0001200 upper resistance level in the days ahead, indicating a sustainable gain for the coin buyers, as the crypto flashes a bullish pattern in its higher time frame.
LBLOCKUSD Medium-term Trend: Bearish (4H Chart)
LBLOCKUSD indicates a growing interest from traders, as it flashes a bullish pattern on the medium-term chart. The coin trades in green below the EMA-50, indicating a bearish trend. 
The interference from the bears to the $0.0000165 support level before the end of the last session has dropped the price of Lucky Block below the supply trend lines in its recent high.
However, at the press time today, the bulls flashed a bullish pattern and pulled back at the $0.0000167 supply value below the moving averages as the 4-hourly session resumed, indicating a growing interest among the coin traders
Thus, if the buying trend pushes the LBLOCKUSD price within the range, buyers could strengthen their grip to hit the $0.0000204 resistance level, indicating an appositive shift in momentum.
Additionally, the momentum indicator flashes a bullish pattern and suggests that Lucky Block’s price will continue to bounce up. So, we expect the price distribution to reach the $0.0001200 supply level and beyond in the coming days as it flashes a bullish pattern in its medium-term outlook.
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