Lucky Block Price Prediction- December 28
The LBLOCKUSD price is facing an increase in buying pressure so it’s a good time to buy. The coin price is presently on the positive side and with the look of things, the price may possibly go higher to retest the $0.0002159 previous high and further extend to the $0.02000 supply mark provided the bullish rally received a strong push.
Key Levels:
Resistance levels: $0.0002500, $0.0002600, $0.0002700
Support levels: $0.0001800, $0.0001700, $0.0001600
LBLOCKUSD Long-term Trend: Bullish (1H Chart)
As a result of the high bullish impact in the market, the LBLOCKUSD pair now trades in the bullish trend in its long-term outlook. The bulls are resisting the bears from smashing through the support area. Thus, the price bars are currently trading above the supply trend lines.
Moreover, the prices have recently breached the $0.0001653 resistance in the previous action providing an entry opportunity for interested traders.
The coin opens positive today, the price finds a reliable resistance at the $0.0001657 green mark above the moving averages as 1-hourly chat opens today resulting in intraday gains for the coin buyers.
Now, if the price on the 1-hourly chart closes above the $0.0002159 high value, then there is a high probability of the price going up to its recent swing high, which is the $0.0002216 level. Thus, buyers can buy or place their orders at the key areas now to improve the price action of the coin.
The market price of Lucky Block pointing upwards on the daily stochastic indicates that the coin price may likely remain and continue in the bullish trend if this is achieved the target might be the $0.02000 resistance trend mark in the days ahead in its long-term outlook.
LBLOCKUSD Short-term Trend: Bullish (15-Minutes Chart)
The momentum on the lower timeframe (15 minutes) is undeniably bullish. The prices are above the moving averages and have confirmed a bullish momentum breaking the previous high.
The crypto has been having a high bullish impact in the previous action and this has made it capable for the coin to remain on the upside.
As an outcome of high bullish momentum, the price action of LBLOCKUSD rises up from the $0.0001622 value to the $0.0001657 high level above the moving averages on the lower time frame. This current supply level will actually enable the coin to further increase to the upside.
Also, continuation to the north is likely as shown by the stochastic indicator pointing upwards. So we can expect the buy traders to hit the $0.02000 resistance level as the journey up north continues in its short-term outlook.
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