Lucky Block Price Prediction – July 13
LBLOCKUSD price is very likely to revisit the $0.0000745 high level soon as we are seeing a bullish correction in place. The coin gave a bullish breakout from the $0.0000172 level on the 4-hour chart, suggesting buyers are making a recovery attempt. Thus, if the bulls could add more swaggers to their buying forces in the market, the crypto price may surge higher to revisit the $0.0000745 previous high point and extend further to a $0.0001200 upper high level, offering a good entry opportunity for coin buyers.
Levels:
Resistance levels: $0.0000400, $0.0000500, $0.0000600
Support levels: $0.0000150, $0.0000100, $0.0000090
LBLOCKUSD Long-term Trend: Bearish (Daily Chart)
The LBLOCKUSD pair is anticipating revisiting the previous high level after updating the lows, as it approaches the oversold region in its long-term outlook. The price bar can be seen below the moving average lines and has confirmed its bearishness. 
The interference of short-term traders to the $0.0000170 low level in the previous action has contributed to its bearish momentum in its recent low.
The price drop to the $0.0000165 low value by the bears below the EMA-50 as the daily chart resumes today is a result of more commitment from the sell traders. However, traders who buy in the bearish market will also make more future gains. Hence, buyers must redouble their efforts to forecast a bullish increase to revisit the $0.0000745 high level.
Meanwhile, there is a possibility of price reversal at the mentioned support as the price of Lucky Block now approaches the oversold region. It means that the buying pressure is about to commence, therefore, if the bulls should add more efforts to their tension in the market, the bullish correction race could surge higher to revisit the $0.0000745 resistance mark in no long time in the long-term perspective.
LBLOCKUSD Medium-term Trend: Bullish (4H Chart)
The LBLOCKUSD price can revisit its previous high of $0.0000745 value soon due to the high bullish pressure currently experienced in the market. The crypto price is above the supply level, confirming its bullishness.
The bulls’ pressure on the coin to a $0.0000170 level in the past action has enhanced the price to remain above the supply levels in its recent high.
The Lucky Block price at the $0.0000172 supply mark above the -50shortly after the 4-hourly chart opens today is a pullback by the bulls to invalidate any further bearish trend. However, this gives room for a more bullish impact on the market.
The long-term traders can grab this short bullish upswing to the overhead resistance, but the fate of LBLOCKUSD’s near future price depends on the range breakout.
Notably, there is a tendency for the coin price to rise further if the support level holds. It will enable buyers to take the crypto price up to revisit a high of $0.0000745 soon in its medium-term perspective.
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