Lucky Block Price Prediction- December 2
Lucky Block‘s price is facing an increase in selling pressure. The coin price could continue to rise upward if it breaks the previous high at $0.0002732 value, the coin might likely hit the $0.02000 supply level 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)
Despite the interference from the sellers, the LBLOCKUSD price still trades in the bullish trend market. Price is trading above the supply trend lines again. This however confirms the presence of more bulls’ impact on the coin.
The coin price spikes up to a $0.0002671 high level above the two EMAs as the 1-hourly session begins today, this however indicates an uptrend in the context of the strength of the market.
Meanwhile, further upsides are likely as the price signal is pointing upward, this means that the upward rally will still continue and may likely break up the $0.0002732 high mark which might possibly hit the $0.02000 supply value in the coming days in the long-term outlook.
LBLOCKUSD Short-term Trend: Bullish (15-Minutes Chart)
The price of Lucky Block opened lower but managed to trade in green over the past minutes on the lower time frame. This means that the coin is in a bullish trend zone.
Today, the bulls made an upward move to the $0.0002721 supply value. The cryptocurrency is trading above the two EMAs at the above-mentioned resistance level at the time of writing this article, if the bulls should increase their price action, and bullish momentum is sustained, the ongoing correction will be prolonged.
However, with the price signal which is pointing upwards, if buyers should intensify their tension in the market and the prices break above the current resistance trend line, a bullish trend continuation to the overhead resistance of $0.02000 is possible soon in the lower time frame.
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