Lucky Block Price Prediction- February 3
The Lucky block market is about completing the dip-low movement and is on the verge of reversal to the upsides. The coin price might rebound and turn upside as the market is oversold. Hence, if all the current support holds and the bulls should push higher, the price breakout may test the previous high at a $0.0001228 high value and this may likely hit the $0.0002000 supply trend line.
Key Levels:
Resistance levels: $0.0000700, $0.0000800, $0.0000900
Support levels: $0.0000400, $0.0000300, $0.0000200
LBLOCKUSD Long-term Trend: Bearish (Daily Chart)
LBLOCKUSD is on the verge of reversal in its higher time frame. The price is forming lower low and lower high below the EMA-50, indicating a downward momentum. The bears’ activities on the coin market in the past few days have dropped the price below the resistance levels at its recent low.
The coin plummeted beneath the supply level at a $0.0000372 low value as the daily chart resumed today. Nevertheless, the price of Lucky Block is on the verge of reversal at the mentioned support as the market is already oversold. Traders might seize this opportunity to invest in the coin now at a lower rate and look ahead for more gains shortly.
Further, at the time of writing, the pair is below the 10% range of the daily stochastic. It indicates that the market has reached the oversold region, and because of that the LBLOCKUSD pair is on the verge of reversal and the bulls may drive the coin price higher to touch the $0.0002000 high level in the days ahead in its higher time frame.
LBLOCKUSD Medium-term Trend: Bearish (4H Chart)
The currency pair is trading in a bearish market in its medium-term outlook. This is due to the high influence of the sell traders. 
LBLOCKUSD price which has experienced a reversal is possibly making its way up after hitting the $0.0000382 level to overcome support to signal a pump-up. It looks like the price will want to bounce up again in the medium term.
The market price of Lucky Block which increases to a $0.0000383 high level below the moving averages as the 4-hourly session opens today suggests the return of the bulls to the market and an improved bullish market sentiment. Thus, closing the 4-hour session above the $0.0000556 high point will put the trade more on the buy side.
Similarly, the coin is in an upward direction on the daily stochastic, therefore, if additional selling power is prevented, a post-retest rally may drive the prices high to hit the $0.0002000 resistance value soon in its medium-term time frame.
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