Lucky Block Price Prediction: LBLOCKUSD – Bulls Are Dominating

Lucky Block Price Prediction- December 5
At the moment Lucky Block is trading with a supply cluster. Lucky Block price prediction: LBLOCKUSD – Bulls are dominating.   The coin may likely increase further, if the bulls could push the crypto price high and sustain the price above the $0.0002947 high mark, the potential rally could surge above the $0.001000 supply level to hit the $0.004000 upper resistance value.

Key Levels:
Resistance levels: $0.0002500, $0.0003000, $0.0003500
Support levels: $0.0001956, $0.0001856, $0.0001756

LBLOCKUSD Long-term Trend: Bullish (1H Chart)
The momentum in the price of Lucky Block is still in an uptrend in the long-term outlook. The price bar can be seen slightly above the EMA-9. Thus, the bulls are capable of pushing higher from this trend line.

The buy traders made a smooth ride to a high at $0.0002486 above the EMA-9 shortly after the commencement of the 1-hourly session today. This, however, reflects a high impact on the bullish commitment.

A breakout above the mentioned supply trend line will trigger this chart pattern and replenish the bullish momentum.

Hence, further downsides are unlikely as the bulls aim to drag the market value of LBLOCKUSD further up to $0.04000 soon as indicated by the daily stochastic which is pointing in an upward direction. This can be achieved in its long-term outlook if the bulls could change their orientation and increase their buying pressure.

LBLOCKUSD Short-term Trend: Bullish (15-Minutes Chart)
The LBLOCKUSD pair is on the positive side in the lower time frame. The price now trades above the two moving averages.

After a long push by the bulls to the $0.0002598 resistance value, the momentum was lost as the bears returned briefly and dropped the coin price to a low at the $ 0.0002481 level above the two EMAs.

Now, the bulls couldn’t relent, so the current price at the $0.0002489 supply mark is an indication of the bulls’ return to the market to dominate the market price actions.

In addition to this, the Lucky Block price will still go up as indicated by the daily stochastic which is pointing upward. We can therefore expect the new bullish trend to reach a high at the $0.04000 trend mark soon in its lower time frame.

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