Lucky Block Price Prediction – December 8
The Lucky Block market is on the positive side today. The coin makes a buy trade set up at the current supply of $0.0000352 and creates a strong supply zone for coin buyers. If the coin price could sustain above the pattern supply trend line at the $0.0001900 level, the coin price may trigger up to the overhead resistance mark at the $0.001000 level, thus a clear buy signal.
Levels:
Resistance levels: $0.0000800, $0.0000900, $0.0001000
Support levels: $0.0000500, $0.0000400, $0.0000300
LBLOCKUSD Long-term Trend: Bullish (Daily Chart)
The Lucky Block price is losing bearish momentum as it moves slightly above the resistance level in the long-term perspective. The coin price makes a buy-trade set-up while trading above the EMA-50, indicating a bullish trend.
The bulls caused a rise to the $0.0000345 supply level above the moving averages during yesterday’s session and sustained it. This has made it easier for the coin to remain in an uptrend in its recent price level.
Today’s daily bullish candle which rose and made a buy trade set up at the $0.0000350 resistance mark above the moving average line confirms the bulls’ dominance in the market.
Hence, an upside breakout above the $0.0001900 mark with a daily candle closing will offer buyers a solid foothold to push the LBLOCKUSD price higher.
Further, the Lucky Block price may continue and remain to make a buy trade set up as suggested by the daily stochastic which is pointing in an upward direction. In light of this, the coin price may get to the $0.001000 upper resistance trend mark soon in its long-term outlook.
LBLOCKUSD Medium-term Trend: Bullish (4H Chart)
The LBLOCKUSD pair also made a buy trade set-up in the medium-term time frame. The coin price is now strongly trading above the moving average line with huge volumes from the bulls. Thus, the recent market structure has favored the bulls. 
The coin has been having a series of higher highs and higher lows which has made it possible for the price to remain stronger in an upward trend in its recent high.
Earlier today, the Bull Run caused the price of Lucky Block which makes a buy trade set-up to rise to a high above the moving averages at the $0.0000352 level. This current trend will allow the price to remain in the positive territory and rise or break out to the positive territory.
Thus, a possible breakout from the $0.0000352 current neckline will accelerate the buying momentum and push the prices higher to hit a significant level at the overhead territory. This will bolster more buying pressure on the crypto to the upper resistance levels.
Additionally, the price of Lucky Block pointing upwards on the daily stochastic means that further upside is certain. It is therefore expected that the buy investors will move the price action up and may likely hit the $0.001000 upper resistance level soon as the coin price suggests a buy trade set also in its medium-term perspective.
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