Lucky Block Price Prediction- January 7
The LBLOCKUSD price is going up and will keep rising further. However, this can be achieved if the current supply at $0.0002199 value ignites a sharp increase and closes above the $0.0003048 resistance level, this rally may register a $0.01000 high value and beyond.
Levels:
Resistance levels: $0.0003500, $0.003600, $0.003700
Support levels: $0.0002200, $0.0002100, $0.0002000
LBLOCKUSD Long-term Trend: Bullish (1H Chart)
The Lucky Block market is in a bullish scenario as can be seen on the 1-hourly chart above. Sellers panic as the prices remain above the moving averages, confirming an uptrend.
The coin has been having a bullish rally in its previous action and has sustained the strength of the crypto price in an upward rally.
The coin holders made a ride to the $0.0002199 supply mark above the moving averages as the 1-hourly session begins today. This, however, will trigger a new bull cycle and a potential buy for the interested buyers.
The potential upward rally may break up the immediate supply of $0.0002295 and $0.0003048 levels to reach the key areas at $0.02000 in the upper resistance trend line.
Additionally, with the buy traders clustering around the market as indicated by the daily price signal, the price of LBLOCKUSD is expected to hit the $0.02000 upper resistance mark in the coming days in its long-term outlook.
LBLOCKUSD Short-term Trend: Bullish (15-Minute Chart)
LBLOCKUSD price is in a bullish race in the short-term outlook. The bulls also made an upward move to the $0.0002223 resistance level before the end of yesterday’s session. This gave buyers more strength to continue with the trend.
The bulls are not relenting, an increase in price to the $0.0002200 supply value above the two EMAs as the 15-minute session opens today, shows that the buy traders are actually on top of the market at the moment, traders are hereby advised to seize the opportunity and buy the coin now to have more gains ahead.
Furthermore, the price of Lucky Block indicates an uptrend on the daily stochastic, if the buy traders should increase their price action, and bullish momentum is sustained, the coin price may likely pump up to a significant level at the $0.02000 resistance value, and beyond in its lower time frame. This signals a BUY trade again in its lower time frame.
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