Lucky Block Price Prediction – May 21
Lucky Block price shows the high possibility of a trend reversal as the coin market is oversold already. The coin price is on the verge of a bullish reversal to advance to the upside. The coin may likely reverse at the daily candle of $0.0000261 low level and face the upside, and then there is a high probability of the price going up to its recent swing high, which is $0.0000940 level to wade off the bearish shackles and focus on the ultimate breakout to the $0.0001200 upper resistance level and beyond.
Levels:
Resistance levels: $0.0000500, $0.0000600, $0.0000700
Support levels: $0.0000300, $0.0000200, $0.0000100
LBLOCKUSD Long-term Trend: Bearish (Daily Chart)
LBLOCKUSD is in a bearish market zone and on the verge of a bullish reversal in its long-term outlook. The market value has dropped below the supply level lately due to the bearish impact on the coin price to a $0.0000277 low value during yesterday’s session. 
Today, as an outcome of low bullish momentum, the price action of Lucky Block dropped down to a low at $0.0000261 level below the moving averages on the daily chart. Meanwhile, traders can join the buy investors at the present and buy the coin at a lower price for more future gains.
Meanwhile, the market price of Lucky Block is on the verge of a bullish reversal as the coin price is now at the oversold region of the stochastic, this means that the selling pressure has reached an exhaustion, and the expected upside move in the price could be high at $0.0001200, swing high in the coming days in its long-term outlook.
LBLOCKUSD Medium-term Trend: Bearish (4H Chart)
The currency pair is in a downward move in its medium-term outlook. This is because the short traders are more actively involved in the order flow. However, the LBLOCKUSD price is on the verge of bullish reversal as the selling pressure is exhausted already.
The sustained bearish pressure in the past few hours at the $0.0000277 support value has made the crypto price remain below the supply trend levels in its recent low.
Meanwhile, the current price of Lucky Block at a $0.0000262 low value below the supply trend lines has not stale the market condition of the crypto. Thus, traders who buy the coin during the bearish market will also make gains in the future.
Hence, should the bulls exchange hands with the sell traders at the $0.0000262 support level and close above the $0.0000450 resistance value, additional intraday gains would be recorded for the buy investors.
Notably, the stochastic is also showing the market is already oversold. This means that the selling pressure will end soon and the coin price is on the verge of bullish reversal. This will compel the bulls to resume the bullish trend to retest the $0.0000450 supply level; the $0.0001200 resistance level might be reached in the days to come in its medium-term outlook.
You can purchase Lucky Block here. Buy LBLOCK
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