Lucky Block Price Prediction – January 6
Lucky Block is on the positive side today and remains strong above the $0.00004623 supply mark. However, the coin buyers will push higher as the market is currently facing high pressure from the bulls. If the coin price could sustain above the pattern supply trend line, the coin price may trigger up to the overhead resistance mark at the $0.0002000 level, thus a clear buy signal.
Levels:
Resistance levels: $0.0000700, $0.0000800, $0.0000900
Support levels: $0.0000500, $0.0000400, $0.0000300
LBLOCKUSD Long-term Trend: Bullish (Daily Chart)
LBLOCKUSD buyers will push higher as the coin remains bullish on the higher time frames. This is clear as we can see the prices trading above the moving average lines indicating an uptrend.
The sustained bullish pressure at the $0.00005476 high value in the previous action has made it easier for the crypto to remain stronger above the supply trend lines in its recent high.
Buyers initiate an aggressive move to a $0.00006198 resistance value above the moving average line as the daily chart resumes today with an intraday gain. This suggests that buyers will push higher above the current supply level in the near days.
With sustained buying, the price of Lucky Block may challenge the $0.0001900 supply strength and set the potential for further growth.
Additionally, the LBLOCKUSD buyers will push higher above its previous high at the $0.00001900 value as soon as the coin market price now shows an upward trend on the daily stochastic, this will compel the bulls to move the coin price higher to hit the $0.0002000 upper resistance value soon in its long-term time frame.
LBLOCKUSD Medium-term Trend: Bullish (4H Chart)
Upward pressure also dominates the LBLOCKUSD pair in the medium-term time frame. The chart indicates that the coin buyers will push higher as the coin price is now strongly trading above the moving averages with huge volumes from the bulls. Thus, the recent market structure has favored the bulls.
However, the bulls’ pressure to the $0.00004611 high value in the previous action has sustained the coin price above the resistance trend levels in its recent high.
Today’s 4-hour bullish candle at the $0.00004623 value which further rises to a $0.00006088 supply mark above the moving averages confirms the bulls’ dominance in the market.
However, there are bullish signals above the level of $0.00004623 which indicates that buyers will push higher and a possible further increase in the market value.
Further, Lucky Block price indicates an upward momentum on the daily signal, this indicates that the coin buyers will push higher and this may increase the crypto price to a $0.0002000 upper resistance trend mark soon in its medium-term outlook.
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