Lucky Block Price Prediction- January 5
The Lucky Block market remains bullish and also trades in an uptrend at the moment despite the moves from the short traders. This bullish correction phase is due to the high impact of the bulls. Therefore, if the buy investors should add more strength to their inflows in the market and closes above the $0.0003048 supply value, the crypto price may extend towards the $0.01000 upper high value and above.
Key Levels:
Resistance levels: $0.0002500, $0.0002600, $0.0002700
Support levels: $0.0002100, $0.0002000, $0.0001999
LBLOCKUSD Long-term Trend: Bullish (1H Chart)
On the long-term outlook, the LBLOCKUSD market still trades in a bullish trend. The sustained bullish pressure at the $0.0002295 supply level during yesterday’s session actually made it capable for the buy investors to retain the strength.
The buy traders made a smooth run to a high at the $0.0002269 value above the two EMAs as the 1-hourly chart resumes today. This, however, reflects a high impact on the bullish commitment to the Lucky Block market. A breakout above the mentioned supply trend line will trigger this chart pattern and replenish the bullish momentum.
Meanwhile, there is a possibility of a bullish breakout if the bulls should add more effort to the tension in the market. The next target could be the $0.01000 supply trend mark in the coming days in its long-term perspective.
LBLOCKUSD Short-term Trend: Bullish (15-Minute Chart)
On the 15-minute chart, we can see that the price of Lucky Block has an uptrend and is traded in an uptrend channel, so we have to look for support levels or key setups, which will enable us to enter the trade with low risk.
The coin price has been rising for the past few minutes and has registered significant growth above the supply trend line.
Today, the crypto price at a $0.0002268 low value which is above the resistance levels as the 15-minute session begins, is an indication that buyers are still in charge and also dominant in the coin market.
Meanwhile, staying and trading in the upper rising channel will give buyers the tendency to influence the price of Lucky Block, therefore should the bulls change their orientation and push higher, the next recovery price target might be the $0.01000 supply trend mark in the days ahead in its short-term perspective.
You can purchase Lucky Block here. Buy LBLOCK
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