Lucky Block Price Prediction- December 24
The LBLOCKUSD price will move higher as the pair is about to resume its bullish trend. The coin is trying hard not to fall heavily to the downside. Therefore, if the bulls could trigger their forces in the market, the coin price may likely break out from the $0.0001984 high value to retest its previous high at the $0.0002216 level which might possibly extend to a $0.02000 resistance trend line.
Key Levels:
Resistance levels: $0.0002500, $0.0002600, $0.0002700
Support levels: $0.0001980, $0.0001880, $0.0001780
LBLOCKUSD Long-term Trend: Bullish (1H Chart)
As shown in the chart, the price is in an uptrend in its long-term outlook. The price bar can be seen slightly above the EMA-9. In the previous action, the price has been making both higher highs and higher lows which have made it possible for the coin to remain above the supply trend line.
The Lucky Block price earlier today gave a bullish impulse move from the $0.0001982 level to the $0.0001984 supply mark above the EMA-9, which gave the coin the tendency to rise further.
In a like manner, more buying opportunities now shine on the LBLOCKUSD pair as the momentum indicator remains in an upward direction. This suggests that the bullish pattern may likely continue, we can therefore expect the potential bull trend to push us high to the $0.02000 upper resistance mark in the coming days in its long-term view.
LBLOCKUSD Short-term Trend: Bullish (15-Minutes Chart)
Despite the interference by the short traders, the LBLOCKUSD price remains in a bullish trend zone in its lower time frame. The price bar is above the EMA-9, this indicates an uptrend.
The coin market value which rises significantly to a high at $0.0001983 resistance level above the EMA-9 as the 15-minute chart opens today affirms the presence of more bulls in the market which will possibly lead to more intraday gains for the buy investors.
Further, the momentum indicator shows that the price signal is also moving upward in the market. This implies that the price of Lucky Block may possibly reach the $0.02000 supply trend line as we watch the crypto market turns bullish soon in its lower time view.
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