Lucky Block Price Prediction – March 28
LBLOCKUSD dip lows will end soon; this is because the selling pressure seems to be exhausted at the moment. The coin may be ready sooner for an upward surge. Therefore, if the bulls could trade hands with the sell traders at the current support at the $0.0000350 level the price may increase to the upside to hit the $0.0001099 previous highest level which may further extend to the $0.0001200 upper resistance level.
Levels:
Resistance levels: $0.0000600, $0.0000700, $0.0000800
Support levels: $0.0000400, $0.0000300, $0.0000200
LBLOCKUSD Long-term Trend: Bearish (Daily Chart)
LBLOCKUSD is bearish; meanwhile, its dip lows will end soon as the market is already oversold in its long-term outlook. Further, the price is trading below the EMAs; it means that it’s in a bearish market zone at the moment.
The sustained bearish pressure to a $0.0000368 low value in the past few days has made the cryptocurrency price remain below the supply trend levels in its recent low.
The price drop to a $0.0000350 support level below the EMA-50 as the daily chart opens today is due to a low bullish momentum. However, traders who buy during the bearish market will also make more gains in the future.
Thus, if the buyers eventually wrestle trend control from sellers and reverse from the $0.0000350 support, a breakout above the trend line is needed to confirm the potential hike.
Meanwhile, further downsides are unlikely as the market price of Lucky Block is oversold already. We can now expect the bulls to put an end to the dip lows soon. As a result, the next bull hike may reach the $0.0001200 upper high level in the upcoming days in its long-term outlook.
LBLOCKUSD Medium-term Trend: Bearish (4H Chart)
The coin also trades in a bearish trend market in the medium-term outlook. This is due to the high impact of the short-term traders on the price flow. 
The sustained bullish pressure to the $0.0000377 dip low level in the previous action has led to the coin’s recent low.
The coin plummeted to the $0.0000350 beneath the support level as the 4-hourly chart resumes today. Nevertheless, today’s price drop has still not stalled the bull run. Traders might seize this opportunity to invest in the coin now at a lower rate.
Hence, if the bulls could change hands with the bears at the mentioned support level, the price of LBLOCKUSD may turn upside and break above the $0.0000880 high mark which will offer buyers a solid foothold to push the Lucky Block price higher.
Notably, the pair is oversold already. It indicates that the Lucky Block selling pressure or dip lows will end soon. We will now be looking into the emergence of more buyers in the oversold region of the market. This breakout rally may drive the pair to hit the $0.0001200 supply level in the days ahead in its medium-term time frame.
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