Lucky Block Price Prediction- December 31
The LBLOCKUSD price will move higher above the current resistance and breakout for a bullish continuation. The coin at the moment is currently recovering and showing positive signs above the $0.0002378 supply level, the coin may likely remain and continue in the same trend and further rise up to the upper resistance level if all the support holds and the buy traders could exert more force into the market.
Key Levels:
Resistance levels: $0.0003500, $0.0003600, $0.0003700
Support levels: $0.0001800, $0.0001700, $0.0001600
LBLOCKUSD Long-term Trend: Bullish (1H Chart)
The market value of LBLOCKUSD can be seen in a bullish scenario in its long-term outlook. This is due to the high buying impact from the bulls. The price currently trades above the two EMAs.
The bulls caused a rise to a $0.0002269 high level during yesterday’s session and sustained it. This made the crypto’s price remain strong above the supply trend line at the present.
The coin price continues the journey up north from the $0.0002378 value to the $0.0003048 high level which later declined to a low at the $0.0002237 level above the resistance lines as the 1-hourly chart opens today. Exhaustion sets in as the bulls returned briefly and moved the price up to a high at the $0.0002553 trend line. This affirms the high impact of the buy investors in the market.
However, there are bullish signals above level $0.0002378 which indicates a possible further increase in the market value.
Meanwhile, the pair has a target price of level $0.02000 supply value as it’s set to continue with the bullish correction pattern to the upper resistance as indicated by the daily stochastic pointing up in the oversold region. The mentioned target might be tested in its long-term perspective.
LBLOCKUSD Short-term Trend: Bullish (15-Minute Chart)
Here on the lower time frame, LBLOCKUSD price is in a bullish movement zone. This is due to the high inflow from buyers. The price bars can be seen trading above the moving averages, this means that the coin is in a bullish trend zone.
Just in, after a few minutes of opening the 15-minute chart, the bulls returned and triggered up the momentum up to the the$0.0002553 resistance value above the moving averages. Thus, staying above the moving averages will enable the coin to rise further.
Next, the coin price is in an upward direction on the daily signal, if the LBLOCKUSD price sustains above the current resistance level, the resulting rally may surpass the $0.0003048 high level and hit the $0.02000 psychological level at the upside in the day ahead in the lower time frame.
You can purchase Lucky Block here. Buy LBLOCK
Leave a Reply