Lucky Block Price Prediction- December 1
The LBLOCKUSD pair has been in a bullish rally in the previous action and from the look of it, it will keep growing. LBLOCKUSD price remains in an uptrend. Hence, a further increase in the bulls’ action may trigger the coin price up and break out the previous high at the $0.002550 mark, this may extend the price action to reach the $0.01000 resistance trend line and beyond.
Levels:
Resistance levels: $0.0002500, $0.0002600, $0.0002700
Support levels: $0.0002100, $0.0002000, $0.0001999
LBLOCKUSD Long-term Trend: Bullish (1H Chart)
LBLOCKUSD is in an upward trend with a bullish sentiment in its long-term perspective. The coin price can be seen above the two EMAs on the 1-hourly chart. This is due to the high inflows from the buy traders.
Earlier today, after making a smooth ride up to a $0.0002479 high mark by the bulls, interaction from sellers drove the coin price down to a low at $0.0002087 value above the moving averages; this signifies that the buy investors still remain dominant in the market and are actually buying the coin.
The current price of Lucky Block at $0.0002419 returns the long investors back into the market to control the coin market. Thus, a break above the $0.0002550 supply value would intensify the buying pressure on the crypto.
Next, the coin is pointing upwards on the daily stochastic, this indicates an upward trend. Therefore we could expect more forces from the bulls and this might push the coin price up to the $0.01000 resistance mark soon in its higher time frame.
LBLOCKUSD Short-term Trend: Bullish (15-Minutes Chart)
LBLOCKUSD is in a bullish race in the short-term outlook. The bulls also made an upward move to the $0.0001801 resistance level before the end of yesterday’s session. This gave buyers more strength to continue with the trend.
The bulls are not relenting, an increase in price to the $0.0002482 supply value above the two EMAs as the 15-minute session opens today, shows that the buy traders are actually on top of the market at the moment, traders are hereby advised to seize the opportunity and buy the coin now to have more gains ahead.
Further, should the bulls prove strong and resist the additional selling power the price of Lucky Block may likely hit $0.02000 soon in its lower time frame.
You can purchase Lucky Block here. Buy LBLOCK
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