Lucky Block Price Prediction – December 31
The LBLOCKUSD pair is poised for a bullish breakout as buyers await a bullish opportunity while the coin prepares for the next jump. Selling pressure has ended, and the coin price is ready for an upward movement. If the buy investors could prove harder and sustain the price above the $0.0000330 resistance value, its upsides should extend further to reach the $0.000800 upper resistance level, setting up a new all-time high.
Levels:
Resistance levels: $0.0000180 $0.0000190, $0.0000200
Support levels: $0.0000155, $0.0000154, $0.0000153
LBLOCKUSD Long-term Trend: Bearish (Daily Chart)
The LBLOCKUSD pair is poised for a bullish breakout as it begins its positive moves, awaiting a bullish opportunity. The price seems to have pulled back a little, but the overall trend is still bearish in its long-term outlook. Further, the price is below the EMA-50, suggesting a bearish trend. 
The sustained bearish pressure in the last session has made the cryptocurrency price remain below the supply trend levels in its recent high.
Today, the Lucky Block price may experience a bullish breakout as the coin price rises to a $0.0000157 high level below the EMA-50 as a pullback shortly after the daily chart opens, affirming the returns of the long traders into the market. Thus, the price of Lucky Block will advance further if the bulls can redouble their efforts and push above the current supply level.
Such lower price rejection indicates that buyers are defending at this level and poised for a bullish breakout. Hence, a strong push above the $0.0000330 supply level will offer strong resistance to the crypto price.
Meanwhile, further downsides are unlikely as the market price of LBLOCKUSD suggests an uptrend on the daily signal. Therefore, we can now grow confidentially that a potential buy is coming near.
In light of this, the price jump could hit the 0.0000800 resistance level in the coming days, as the token price is poised for a bullish breakout in its higher time frame.
LBLOCKUSD Medium-term Trend: Bearish (4H Chart)
The coin trades in a bearish trend market and awaits a bullish opportunity in the medium-term outlook. The coin price is below the resistance level, indicating a bearish trend. 
Pressure at the $0.0000151 support level during the last session has dropped the price of Lucky Block below the supply trend lines in its recent price level.
The market price of LBLOCKUSD is poised for a bullish breakout and awaits a bullish opportunity as the crypto price increases to a $0.0000157 high level below the moving averages as the 4-hourly session opens today, suggesting the return of the bulls to the market and improved bullish market sentiment.
Thus, closing the 4-hourly session above the $0.0000250 peak level will increase investors’ confidence in the asset and put the trade more on the buying side.
However, the pair remains upwards at around the 43% range of the daily stochastic, indicating that the Lucky Block price is poised for a bullish breakout as the selling pressure has ended. We will now be looking into the emergence of more buyers in the oversold region of the market.
As a result, the post-rally breakout could hit the $0.000800 supply level in the days ahead as the coin price is poised for a bullish breakout and awaits a bullish opportunity in its medium-term time frame.
You can purchase Lucky Block here. Buy LBLOCK
Leave a Reply