Lucky Block Price Prediction- December 9
The LBLOCKUSD price remains firm above the supply levels, reflecting broader. Despite minor corrections, the crypto is showing positive signs above the $0.0000211 supply value. If the coin holders could prove stronger and the price shows sustainability above the $0.0000398 previous high value, the potential might surge to reach the $0.0001200 at the upper level, indicating strong potential for continued growth.
Levels:
Resistance levels: $0.0000225, $0.0000226, $0.0000227
Support levels: $0.0000180, $0.0000170, $0.0000160
LBLOCKUSD Long-term Trend: Bullish (Daily Chart)
The LBLOCKUSD pair remains firm above the supply levels in its long-term outlook despite the inflows from the sell traders. The price bars are above the moving averages, suggesting a bullish outlook.
The sustained bullish pressure to a $0.0000218 supply level in the last session has enabled the crypto price to remain firm in an uptrend in its recent high.
Despite the moves from the bears, the Lucky Block price remains firm above the supply levels at the $0.0000226 high level as the daily chart opens today, suggesting a potential bullish trend as the journey up north continues.
The bulls remain dominant and have the market price at their disposal at the moment. Further, an increase in the buying pressure might lead the price of Lucky Block to the $0.0000398 high mark, signaling a robust upward trajectory.
Hence, a bullish impact by the buy investors toward the higher side is likely, as indicated by the momentum indicator pointing in an upward direction. The bulls could eye the $0.0001200 upper resistance level in the days ahead as the crypto remains firm above the supply levels in its long-term perspective.
LBLOCKUSD Medium-term Trend: Bullish (4H Chart)
The market price of LBLOCKUSD also remains firm above the supply levels in its medium-term view due to the high inflows from the buy traders.
The bullish impact on the crypto to the $0.0000211 supply level in the previous action has sustained its firmness above the supply levels in its recent high.
Today, the Lucky Block price remains above the supply levels at the $0.0000226 high value as the 4-hourly chart resumes, reflecting rising market interest.
Hence, Lucky Block’s price looks promising as the bulls remain dominant in the market; if the bulls should increase their price action and bullish momentum is sustained above the $0.0000300 resistance trend lines, growing investor confidence would be reflected.
Additionally, the daily stochastic highlights an uptrend. Hence, if the coin buyers could break above the $0.0000300 previous supply trend line, the market participants may witness a new recovery rally, and this may likely reach the $0.0001200 high point in the days ahead as the price remains firm above the supply levels in its medium-term time frame.
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