Lucky Block Price Prediction- December 12
The LBLOCKUSD price is recovering again and might hit the $0.0000389 high level as the token continues to journey up north. The coin price is struggling heavily not to fall and it could remain and continue to face the positive side if the bulls can intensify their effort and break up the $0.0000389 resistance level. The $0.0000450 supply level might be the target, as it gains traction steadily.
Levels:
Resistance levels: $0.0000196, $0.0000197, $0.0000198
Support levels: $0.0000153, $0.0000152, $0.0000151
LBLOCKUSD Long-term Trend: Bullish (Daily Chart)
The Lucky Block price has crawled back and might hit the crucial level at the upper resistance level in its higher time frame. The price bar is slightly above the resistance level, indicating a bullish momentum.
The previous action at the $0.0000250 high level in the past few days has sustained the LBLOCKUSD price to remain above the supply trend line in its recent high.
Today, the price pulled back to a $0.0000196 high level above the EMA-50 as the daily chart opened, gradually stabilizing the coin price at the resistance area.
However, the LBLOCKUSD pair could grow further and might hit the $0.0000389 high value if the buy traders can break up the $0.0000300 high value, maintaining further growth potential for buy trades.
Next, the token price will rise further as shown by the stochastic indicator pointing up; implying that more upsides are likely. In light of this, the price of LBLOCKUSD might hit the $0.0000450 upper resistance level in the coming days in its long-term outlook.
LBLOCKUSD Medium-term Trend: Bearish (4H Chart)
The Lucky Block pair is steadily gaining traction and might hit the resistance level as it journeys north in its medium-term outlook.
It seems that the bulls are about to take over and push us higher as the price begins the new correction below the supply trend levels, indicating a bearish trend.
The price drop to the $0.0000183 low value in the previous action has made the coin price trade below the supply levels in its recent high, as the trend has just resumed its bullish pattern and might hit a crucial high level soon.
Now, LBLOCKUSD’s price at the $0.0000196 resistance value, slightly below the EMA-50, indicates that buyers are returning gradually to the market and might hit the $0.0000330 high level, creating an area of interest for coin buyers.
Meanwhile, a further rise in the market price of Lucky Block is possible, if the buy traders can trigger their buying pressure and break up the $0.0000300 level. The surge in price might hit the 0.0000450 upper resistance level in the days ahead in its medium-term time frame.
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