Lucky Block Price Prediction- December 22
The LBLOCKUSD pair is currently trading in a strong bullish market the bulls are dominating. The coin may likely increase further if the bulls could push the price high and the market price sustains above the $0.0002500 high mark, the potential rally could surge above the $0.01000 higher level to hit the $0.04000 upper resistance value.
Key Levels:
Resistance levels: $0.0002500, $0.0002600, $0.0002700
Support levels: $0.0001900, $0.0001800, $0.0001700
LBLOCKUSD Long-term Trend: Bullish (1H Chart)
The market value of LBLOCKUSD is in a bullish trend in its long-term outlook. The pair made it to the $0.0002216 resistance level during yesterday’s session and sustained it.
The market price of Lucky Block at a $0.0001968 high mark which is slightly above the EMA-9 but below the EMA-50 as the 1-hourly session resumes today indicates that bulls are coming into the market gradually to dominate soon. Therefore, buyers need to add more strength to their activities in the market to rally up to a significant level in the overhead resistance zone.
Thus, continuation to the upsides is likely as indicated by the daily signal which is in an upward direction in the oversold region of the market. It is therefore expected of the bulls to take us high and rally above the $0.01000 resistance level and beyond in the days ahead in its long-term view.
LBLOCKUSD Short-term Trend: Bullish (15-Minutes Chart)
The Lucky Block price is in a bullish race in the short-term outlook. Crypto has been moving in high highs and high lows in the previous action. This gave buyers more strength to sustain the bullish trend.
The buy traders made a smooth run to the $0.0001970 supply level above the theEMA-9 as the 15-minute chart resumes 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.
In addition, the LBLOCKUSD market is pointing upward in the oversold region of the daily stochastic. It implies that the selling pressure has ended. This will compel buyers to continue with the bullish correction pattern and in this case, the price may possibly reach the $0.01000 significant high level soon in its lower time perspective.
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