Lucky Block Price Prediction- December 20
The LBLOCKUSD pair goes bullish again, buy! The crypto is positive today and actually making positive moves at the moment. The coin might remain in that direction if the bulls could add more effort and the price closes above the $0.0002500 supply level, the coin might further extend to a $0.02000 high level and beyond.
Levels:
Resistance levels: $0.0002300, $0.0002400, $0.0002500
Support levels: $0.0002000, $0.0001999, $0.0001998
LBLOCKUSD Long-term Trend: Bullish (1H Chart)
The Lucky Block price is in a bullish market at the moment. Further, the coin is trading above the moving averages making higher highs and moving toward the upper resistance area.
The market has been previously trading in the resistance zone at the $0.0002219 value despite the involvement of the short traders. This has made the crypto remain stable on the upside.
The buy traders made a strong push from the $0.0002262 to the $0.00002268 supply mark above the resistance trend lines as the 1-hourly chart opens today which indicates an intraday growth and more gains for the buy investors. Thus, staying above the moving averages makes the bulls capable to influence the price tendency.
In addition, the LBLOCKUSD market may likely continue in the same trend as the bulls are clustered around the market which is in the overbought region. We can therefore expect the crypto to hit a high at $0.02000 level soon as we watch the bulls dictating the market in its higher time frame.
LBLOCKUSD Short-term Trend: Bullish (1H Chart)
The LBLOCKUSD pair is showing a more bullish impact in its lower time frame. The bulls are having the market at their disposal at the moment.
However, a high retest and breach of the $0.0002219 supply value in the previous action has sustained the crypto trend and also suggests strength in bullish momentum.
The bulls made an aggressive move up with a long bullish candle to the $0.0002263 high level which further extended to the $0.0002264 resistance value above the two EMAs shortly after the 15-minute chart opened today. Trading above the moving averages will enable the market value of Lucky Block to keep pushing up.
Therefore, if the bulls should add more aggression to their activities in the market, the $0.02000 resistance level might be reached soon in its lower time frame.
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