Lucky Block Price Prediction- December 18
LBLOCKUSD‘s bullish trend may continue as the coin is currently facing high pressure from the bulls. 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 market value would continue upward and possibly hit the $0.0002000 upper high level.
Levels:
Resistance levels: $0.0000900, $0.0001000, $0.0001100
Support levels: $0.0000500, $0.0000400, $0.0000300
LBLOCKUSD Long-term Trend: Bullish (Daily Chart)
The LBLOCKUSD pair is rising and the bullish trend may continue in the higher time frame. The coin price is making higher highs and moving towards the overhead resistance.
As can be seen from the chart above, the bullish momentum is accumulating on the pair right now above the EMA-50, matching towards the upper resistance zone.
The crypto has been having a series of moves by the bulls in the past few days until now; this has made it easier for the coin to remain in an uptrend in its recent high.
The Lucky Block price is losing bearish momentum gradually as it rises to a $0.0000787 high level above the moving average as the daily chart begins today. This is due to a high bullish impact on the market price.
However, the bullish trend may continue if the bulls could add more energy to their buying motives, and the accelerated buying pressure could plunge the Lucky Block price to the $0.0001602 psychological resistance mark.
Additionally, the stochastic indicator also indicates that the LBLOCKUSD bullish trend may continue by pointing in an upward direction. As a result, the coin buyers may hit the $0.0002000 upper high mark in the coming days in its higher time frame.
LBLOCKUSD Medium-term Trend: Bullish (4H Chart)
LBLOCKUSD is displaying a high bullish impact and the bullish trend may continue in the medium-term outlook. The coin price can be seen trading strongly above the supply trend level which confirms its bullish trend.
The bulls were able to push the crypto up to the $0.0000716 resistance value during the previous session and have enhanced the price to stay in an uptrend in its recent price level.
On the 4-hour chart, the Lucky Block price is currently facing resistance and trading at the $0.0000787 correction level.
As a result, if the bulls increase their market tension, the bullish trend may continue and move above the key levels at the $0.0000970 high mark. Furthermore, rising prices provided more evidence for a bullish recovery.
Furthermore, the LBLOCKUSD bullish trend may continue as evidenced by the daily stochastic pointing upwards; we can certainly expect the coin to gain more strength and this could reach the $0.0002000 resistance level soon in its medium-term outlook.
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