Lucky Block Price Prediction – December 12
The LBLOCKUSD price at the moment is currently recovering strongly and could rise to the upper high level soon. The crypto price may likely continue to rise provided buyers don’t give up and increase their momentum pressure in the market. The coin might turn upside to a $0.001000 high level and beyond.
Levels:
Resistance levels: $0.0000800, $0.0000900, $0.0001000
Support levels: $0.0000600, $0.0000500, $0.0000400
LBLOCKUSD Long-term Trend: Bullish (Daily Chart)
According to the chart above, LBLOCKUSD is trading above the supply level and the price could rise to the upper resistance level soon in the long-term outlook. This affirms that the crypto is in a bullish trend.
The sustained bullish pressure pushed the pair up to and through the $0.0000729 resistance level during yesterday’s session, allowing the coin to remain strong above the supply levels in its recent high.
As the daily session begins today, the pair is trading at a $0.0000755 resistance level above the EMA-50, indicating an uptrend in the context of the market’s strength. This allows for a more bullish impact on the market right now.
As a result, if the bulls increase their market tension, the price tendency will move above the key levels. Further, the rising prices reclaimed more confirmation for a bullish recovery.
Additionally, the daily stochastic indicates an uptrend, hence, there is a tendency for the coin to rise further, if the support level holds, as a result, the price of Lucky Block could rise to the $0.001000 upper high level in the coming days in its long-term perspective.
LBLOCKUSD Medium-term Trend: Bullish (4H Chart)
In the medium-term view, the crypto is also trading in a bullish market zone. The price of LBLOCKUSD is currently trading strongly above the moving averages and this could rise to the upper supply level soon.
In the last few hours, the coin has had a series of higher highs and higher lows, which has kept the cryptocurrency strongly bullish in recent times.
Shortly after the 4-hour chart opened today, the bulls made an aggressive move up to the $0.0000742 resistance level above the EMA-50. This shows the high impact of the bulls on the coin market.
However, the price of Lucky Block could rise further if the bulls manage to break up the $0.0000970 previous high point. Hence, further bearish thesis will be put into hibernation.
Additionally, trading above the moving averages will allow the Lucky Block market value to rise further. As a result, if the bulls increase their market aggression, the coin price could rise to a $0.001000 upper resistance level soon in the medium-term forecast.
You can purchase Lucky Block here. Buy LBLOCK
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