Lucky Block Price Prediction- December 23
The Lucky Block market anticipates a reversal as it is about completing the dip-low movement and is on the verge of a correction phase. The coin price might rebound and turn upside as the market is oversold. Hence, if all the current support holds and the bulls push higher, the price breakout may test the previous high at a $0.0000330 value and extend to the $0.0001200 supply trend line.
Key Levels:
Resistance levels: $0.0000190, $0.0000196, $0.0000197
Support levels: $0.0000155, $0.0000154, $0.0000153
LBLOCKUSD Long-term Trend: Bearish (Daily Chart)
LBLOCKUSD’s price anticipates a reversal as it reaches the oversold region in its long-term view. The price is below the EMA-50, indicating a downward momentum and the high impact of sellers in the market.
The sustained bearish pressure to a $0.0000147 low value in the last few days has contributed to the crypto’s bearishness in its recent low.
After the bulls’ interference at the $0.0000162 value, the bears in-road today and dropped the Lucky Block price to a low of $0.0000151 level below the EMA-50 as the daily chart resumes. Meanwhile, traders can join the buy investors and buy the coin at a lower price for future gains.
The LBLOCKUSD price anticipates a price reversal at the $0.0000151 current support level as indicated by the daily signal pointing downwards at the oversold region.
In light of this, the price jump could hit the $0.0000330 and extend to the $0.0001200 resistance level in the coming days, indicating a strong supply zone for a potential BUY as anticipates a price reversal in its higher time frame.
LBLOCKUSD Medium-term Trend: Bearish (4H Chart)
Here on the medium-term outlook, the LBLOCKUSD price anticipates a reversal as it touches the oversold region. This is clear as prices continue to make lower highs and lower lows below the supply levels, indicating a bearish trend. The price hovers at the the$0.0000151 support level below the moving averages as the 4-hourly session opens today. 
All eyes are glued on $0.0000300 but sellers’ congestions at $0.0000151 have become impenetrable. The bulls are also battling the resistance at the $0.0000300 supply level. Thus, if the price closes above this level, it would be a turnaround for Lucky Block buy traders.
Hence, the Lucky Block pair anticipates price anticipates a reversal at the $0.0000151 support level as it remains below the 20% range of the daily stochastic, indicating that the pair is now in the oversold region of the market.
Thus, the selling pressure is likely to subside soon. We will now be looking into the emergence of buyers in the oversold region of the market. As a result, the coin price could pump or surge upsides to hit the $0.0000300 resistance value soon in its medium-term outlook.
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