Lucky Block Price Prediction – January 25
The Lucky Block (LBLOCKUSD) price action is set to increase and could see another uphill trend soon. The coin price may perhaps retrace to retest the previous high of $0. 0001228 and even surpass if buyers can demonstrate their strength and trade hands with sellers at the current support level of $0.0000380. Its upsides should continue if the buy investors can demonstrate their strength and the price sustains above the $0.0001228 resistance level. Then, we should anticipate a trend change to hit the upper resistance level of $0.0002000.
Key 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 market price action is to increase soon in its higher time frame. This is because the coin price which is trading below the supply levels has reached the oversold region. This is due to the inflow from the sell traders. 
The sustained pressure from the bears at the $0.0000431 support level during yesterday’s session has contributed to its bearishness in its recent low.
Meanwhile, the current price at a $0.0000380 low value below the supply trend lines has not stale the market condition of the coin. Further, investors may seize the opportunity now buy the coin at a lower price and look for more gains ahead.
Additionally, the bulls are set to increase the price action of Lucky Block as the market price now trades at the oversold region of the daily stochastic. This means that further downsides are unlikely. The coin will resume an uptrend soon and in this case, the price action may increase to the $0.0002000 upper high mark in the nearby day in the higher time frame.
LBLOCKUSD Medium-term Trend: Bearish (4H Chart)
The price action of LBLOCKUSD in the medium-term is set to increase soon as can be seen from the chart now. The momentum looks bearish but it is starting to turn bullish.
The sustained bearish pressure in the past few days at the $0.0000443 support value has made the crypto price remain below the supply trend levels in its recent low.
The $0.0000394 price level served as a solid resistance for the coin price as a pullback below the EMA as the 4-hour session resumes today. Because there is currently a bullish correction in place, it is extremely likely that the price action to increase soon.
Thus, buyers need to add more pressure to their activities to move the market beyond the current price level.
Meanwhile, the market is pointing up in the oversold region indicating that the price action will increase soon. This will now compel the long traders to emerge and push the market price of Lucky Block up to a significant level of $0.0002000 upper high level in the days ahead in its medium-term time frame.
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