Lucky Block Price Prediction – December 7
Lucky Block is on the positive side today. The crypto is making positive moves and also looks good for the long at the $0.0000345 price level. The coin price will most likely continue its bullish run and the price could still go higher if the bulls can break up the $0.0001900 peak value, then we can expect a good upside momentum up to the $0.001000 upper resistance level and beyond, thus a clear buy signal.
Levels:
Resistance levels: $0.0000900, $0.0001000, $0.0001100
Support levels: $0.0000500, $0.0000400, $0.0000300
LBLOCKUSD Long-term Trend: Bullish (Daily Chart)
LBLOCKUSD registered a positive market today. The coin price is slightly trading in a bullish momentum and also looks good for long at the $0.000345 price level. This looks nice for the buy trader and signifies a buy signal.
The high order flow from the bulls to the $0.0000314 supply value on the 3rd of December also added to this bullishness. However, the bulls are now set to further swing up the coin price to the upper resistance zone.
The coin buyers responded to the market and moved the price of Lucky Block up to a high at the $0.0000345 resistance mark slightly above the moving average line; this is an indication of more forces from the buy traders and looks good for long.
Based on the outlook, should the bulls go higher and close above the $0.0001900 high mark, a bullish breakout confirmation will reflect the improved market sentiment.
In addition, the momentum indicator also signaled up indicating an uptrend. Buyers are expected to continue with the trend and in this case, the LBLOCKUSD might reach the $0.001000 upper resistance value soon in its long-term perspective.
LBLOCKUSD Medium-term Trend: Bullish (4H Chart)
LBLOCKUSD is in a positive movement today. The price is strongly trading in a bullish momentum and looks good for a long in its medium-term time frame. This looks nice for the buy trader and signifies a buy trade.
The pressure from the bulls to the $0.0000310 supply value in the past action has sustained the price of Lucky Block above the supply trend levels in its recent high.
The coin price rises significantly above the resistance trend lines at the $0.0000345 level as the 4-hour chart begins today. This is due to a high bullish impact on the market price.
Hence, LBLOCKUSD still looks good for a long as indicated by the daily stochastic which is pointing in an upward direction. We can certainly expect more gains and strength from the coin as the bulls continue to dictate the market conditions. The pair may likely reach the $0.001000 upper resistance level in the days ahead in its medium-term perspective.
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