Lucky Block Price Prediction- December 26
The LBLOCKUSD pair has the potential for a bullish increase as the coin currently gathers momentum to the upside after completing the dip-lows. The coin now has the potential to rise further as we can see a bullish correction in place. Should the bulls’ pressure break up the resistance level of $0.0000330, the coin price may increase to a $0.0001200 upper high level and beyond, signaling strong market optimism.
Levels:
Resistance levels: $0.0000170, $0.0000180, $0.0000190
Support levels: $0.0000155, $0.0000145, $0.0000135
LBLOCKUSD Long-term Trend: Bearish (Daily Chart)
LBLOCKUSD has the potential for a bullish increase as it begins its bullish trend in its long-term view. The coin prices are traded below the moving averages, confirming its bearishness. Meanwhile, it seems that the bulls are about to take over and push us higher, as we can see a bullish correction in place at the present.
The bears’ move to the $0.0000149 support value in the previous action has dropped the coin price below the supply trend lines in its recent high.
However, the Lucky Block has a potential for a bullish increase as the bulls move the crypto’s price to a high at $0.0000157 resistance level below the EMA-50 as the daily chart opens today, suggesting that buyers are coming in a grand style to dominate the market while sellers are getting weaker.
Hence, the Lucky Block market value might increase further to a $0.0000330 level if the current support level at $0.0000149 holds.
In addition, we have a bullish bias that the market value of LBLOCKUSD will rise as suggested by the momentum indicator pointing up at around level 10%, implying that the coin price might experience a potential bullish increase.
Currently, the cryptocurrency is correcting; there may be a potential for a bullish increase in the coin price to a $0.0001200 upper resistance value in the days ahead in its higher time frame.
LBLOCKUSD Medium-term Trend: Bearish (4H Chart)
The LBLOCKUSD pair has the potential for a bullish increase as it starts to gather momentum to resume the uptick trend in its medium-term outlook. The price is below the moving average, due to the inflow from sellers. Further, the price is gathering momentum and has decided to face the upsides to achieve more gains.
The bears’ pressure on the crypto in the past few hours has dropped the price below the supply trend lines in its recent high. However, the crypto has the potential for a bullish increase as a new correction has begun.
Just after a few minutes of opening the 4-hourly chart, Lucky BLOCK bulls corrected the $0.0000157 supply value below EMA-50 to resume its uptrend.
With this current trend, buyers can pick up the price at a cheaper rate and move the market further up. Therefore, if the bulls increase their tension in the market, the price tendency will move above the key levels.
Meanwhile, the price of Lucky Block pointing up on the daily signal implies that the coin price has the potential for a bullish increase. In this case, the price might increase or surge to retest the $0.0000300 resistance level if the buy traders could increase their efforts.
Furthermore, the daily stochastic indicates an uptrend by pointing in an upward direction, suggesting that the price of Lucky Block may continue its rising pattern and lead the crypto price to hit the $0.0001200 upper high mark in the coming days in its medium-term perspective.
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