Lucky Block Price Prediction – January 9
LBLOCKUSD is attempting the next bullish momentum; a breakout is imminent as the bulls are determined to push us higher. The crypto is very likely to increase in strength as we are seeing a bullish correction in place. From the $0.0000507 level, the coin showed a bullish breakout, indicating that buyers are attempting a comeback. In light of this, the crypto’s price may rise further to reach the $0.001000 supply value and beyond if it continues to trade above the $0.0001602 high level.
Key Levels:
Resistance levels: $0.0000700, $0.0000800, $0.0000900
Support levels: $0.0000500, $0.0000400, $0.0000300
LBLOCKUSD Long-term Trend: Bullish (Daily Chart)
In terms of the long term, the LBLOCKUSD is attempting the next bullish momentum and shows a bullish sentiment. Prices can be seen slightly above EMA-50 which indicates a bullish trend. This is because there is a large influx of long traders. At the recent high, the market is currently seeing resistance, nevertheless. 
The sustained actions from the long traders at a $0.0000521 supply value in the past few days have enabled the Lucky Block price to stay above the supply trend lines in recent times.
Price movement to a $0.0000507 high level below the EMA-50 as the daily chart commences today is a pullback that will enable bulls’ recovery to foster a higher price resulting in an intraday gain for buyers.
Lucky Block price is attempting the next bullish momentum; hence, a break above the overhead trend line may indicate a shift in the market’s trajectory, potentially leading to a test of the prior $0.0001602 barrier shortly.
Additionally, the price of LBLOCKUSD is attempting the next momentum by pointing upwards on the daily stochastic, this means that further upside is certain. Therefore, the buy investors are expected to move LBLOCKUSD price up and may likely hit the $0.001000 supply level soon in its higher time frame.
LBLOCKUSD Medium-term Trend: Bearish (4H Chart)
Lucky Block’s price is in a bearish market in its medium-term outlook. The pair which is currently below supply level is attempting the next bullish momentum as we can see the new correction phase in place.
Actions from the short traders during the past session have dropped the Lucky Block price beneath the supply trend lines in recent times.
The market price of LBLOCKUSD which increases to the $0.0000507 high level slightly below the moving average suggests the return of buyers attempting the next bullish momentum to influence market conditions. Thus, closing the 4-hour session above a $0.0000875 high mark will put the trade more on the buy side.
Hence, the pair now trades at the oversold region of the daily stochastic. This means that the buying pressure may continue, as the Lucky Block price suggests a possible recovery of $0.001000 supply level in the coming days while attempting the next bullish momentum in the medium time frame.
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