Lucky Block Price Prediction – June 17
Lucky Block‘s price is set for an upswing. The coin is likely to break out from its shell and face the positive side soon. If the bulls gain power and the price rises and closes above the $0.0000745 high level, further bearishness will be invalidated, and the price may reach the $0.0001200 supply level.
Levels:
Resistance levels: $0.0000500, $0.0000600, $0.0000700
Support levels: $0.0000200, $0.0000150, $0.0000100
LBLOCKUSD Long-term Trend: Bearish (Daily Chart)
LBLOCKUSD is preparing and also set for an upswing on the daily chart. The coin price is trading below the moving averages, this means that the price is in a bearish trend in its long-term view. This will soon be overruled by the bulls as the market is already oversold. 
The short trader’s involvement in the crypto at the $0.0000204 support level during yesterday’s session has dropped the price to its recent low. Hence, the price is set for an upswing as the market selling pressure will soon be exhausted.
Actions from the bears further dropped the Lucky Block price down to the $0.0000192 low mark below the supply level as the daily chart resumes today. Meanwhile, buyers may seize this opportunity and purchase the coin at a lower price for future gains.
Hence, the bullish momentum might be triggered and the price may likely increase to break up the $0.02090 previous high value soon if the current support remains unmoved and the bulls should speed up their activities in the market.
LBLOCKUSD Medium-term Trend: Bearish (4H Chart)
The LBLOCKUSD pair is set for an upswing in its medium-term outlook. The coin price is now trending up below the supply levels indicating a bearish trend.
The sustained bearish pressure in the past few hours at the $0.0000192 support value has made the crypto price remain below the supply trend levels in its recent low. However, the bulls are now set for an upswing as we can see the coin price facing the resistance level.
At the moment, we have also spotted a breakout and the start of a continuation to the upside. Thus, the current supply mark at the $0.0000204 high mark confirms that the LBLOCKUSD price is set for an upswing return and the presence of more bulls in the market at the moment.
Thus, if buyers should intensify their efforts, and the price breaks up the $0.0000328 previous high level, further bearish thesis will be hibernated.
Additionally, the price of Lucky Block is pointing up on the daily signal, this means that the coin price may continue and in this case, it might push higher to the $0.0001200 supply mark and beyond in the days ahead in its medium-term time frame.
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