Lucky Block Price Prediction – July 10
LBLOCKUSD price will surge higher as the current sell-off has reached an exhaustion stage, and a swift increase is expected to follow soon. Therefore, if the bulls could trigger their forces and get control of the market, prices may reverse and surge higher to the $0.0000745 previous higher level and extend to the $0.0001200 upper resistance, potentially signaling an investment opportunity for interested traders.
Levels:
Resistance levels: $0.0000500, $0.0000600, $0.0000700
Support levels: $0.0000200, $0.0000150, $0.0000100
LBLOCKUSD Long-term Trend: Bearish (Daily Chart)
The Lucky Block pair could surge higher to revisit the crucial level as the selling pressure seems winding off. The price bars are below the moving averages, confirming its bearish momentum. This is due to the high inflow from the sell traders. However, there is about to be a turnaround for the LBLOCKUSD buyers, as the coin market is already oversold. 
The sustained bearish pressure at the $0.0000155 support value in the previous action has made the crypto price drop below the supply levels in its recent low.
Activities from the bears plummeted the coin price to a $0.0000151 low mark beneath the supply level as the daily chart commences today. Nevertheless, Traders might seize this opportunity to invest in the coin during the bearish market at a lower rate and make more gains shortly.
Meanwhile, the price of LBLOCKUSD will surge higher soon as the market is already oversold. In this case, the price might reverse from the current support level at 0.0000151, to reach the $0.0000745 high level if the buy traders could increase their buying forces. The $0.0001200 upper resistance level might be the target in the coming days in its higher time frame.
LBLOCKUSD Medium-term Trend: Bearish (4H Chart)
The LBLOCKUSD pair is trading in the bearish trend market in its medium-term outlook. The price bar can be seen slightly below the moving average lines and has confirmed its bearishness.
The interference of short-term traders to the $0.0000152 low level in the previous action has contributed to its bearish momentum in its recent low.
Meanwhile, the current price at a $0.0000151 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.
The stochastic also indicates that the market is approaching the oversold region, suggesting that the selling pressure will subside soon. This will force the bulls to resume the bullish trend and retest the $0.0000261 supply level; the $0.0001200 resistance level may be reached in the coming days in its medium-term view.
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