Lucky Block Price Prediction – January 31
The LBLOCKUSD market price is likely to retrace at the $0.0000389 current support to resume its uptick trends soon. The selling pressure may end soon as the market price now trades at the oversold region. Therefore, if the bulls could trigger their forces in the market, the price may likely retrace and turn positive to reach the $0.0002000 high level and beyond.
Levels:
Resistance levels: $0.0000600, $0.0000700, $0.0000800
Support levels: $0.0000450, $0.0000400, $0.0000350
LBLOCKUSD Long-term Trend: Bearish (Daily Chart)
The Lucky Block price is forming lower lows and lower highs on its long-term chart. Further, the price is set to retrace at the $0.0000389 low value as the selling pressure will soon be exhausted.
The sustained bearish pressure during yesterday’s session has made the coin price remain below the supply trend levels at its recent low.
In the meantime, the cryptocurrency’s market situation has not stagnated despite the present price, which is $0.0000389 low value below the supply trend lines. Consequently, investors who purchase the coin in a weak market will also profit later on.
With the overall market trend still bearish, the LBLOCKUSD price is likely to retrace and plunge higher to retest the high accumulation zone of $0.0001250.
Notably, as the market now trades at the oversold area of the daily stochastic, the Lucky Block price is set to retrace at the aforementioned support in the interim. Thus, the anticipated bullish surge could break through the $0.0001250 high point and reach the $0.0002000 upper resistance value in the upcoming days.
LBLOCKUSD Medium-term Trend: Bearish (4H Chart)
The market price of LBLOCKUSD is currently trading in the bearish market zone. This is due to the inflows from the sell traders. 
Based on the outlook, the price is likely to retrace at the current support level soon to resume its upward move.
The sell traders made a downward move below the supply levels to the $0.0000403 support level before the end of yesterday’s session. This gave sellers more strength to continue with the trend in its recent low.
Actions from the bears further dropped the coin price down to the $0.0000398 support level below the EMA-50 as the 4-hour chart resumes today.
Hence, should the bulls exchange hands with the sell traders and close above the $0.0000738 resistance value, additional intraday gains would be recorded for the buy investors which would give the best crypto signal to use for the coin traders.
Additionally, the price of LBLOCKUSD is likely to retrace at the $0.0000398 support value soon to resume its bullish rally as the coin market price now approaches the oversold region, this will compel the bulls to resume the upward move and in this case, the price might push higher to the $0.0002000 supply mark and beyond in the days ahead in its medium-term time frame.
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