Lucky Block Price Prediction- December 13
The LBLOCKUSD price is preparing for the next jump. Having completed the downward trend, crypto is now set to face the positive side. Should the buy traders double their buying pressure in the market, the coin price may likely break up the $0.0003083 resistance zone which may extend the price to the 0.01000 supply mark and beyond.
Levels:
Resistance levels: $0.0002500, $0.0002600, $0.0002700
Support levels: $0.0002200, $0.0002100, $0.0002000
LBLOCKUSD Long-term Trend: Bearish (1H Chart)
LBLOCKUSD pair is in a bearish market zone in its long-term perspective. As an outcome of low bullish momentum, sellers are hindering the market from smashing through the resistance zones.
Thus, in the previous action, the price was able to reach the $0.0002500 high value after which the bears now put the crypto in the support zone at the $0.0002218 value.
Earlier today, the bulls managed to push the coin price up to the $0.0002347 supply value above the two EMAs while the pressure from the bears now dropped the price of Lucky Block down to a $0.0002147 low level.
The current pullback at the $0.0002217 resistance mark has returned the long investors back to the market to stage a play. Therefore, if the bulls increase their tension in the market, the price tendency will move above the key levels.
Hence, there is more possibility for the pair to rise further as indicated by the price signal which is pointing up in the oversold region. As a result of this, the next bull cycle could possibly reach the $0.01000 high mark in the days ahead in its long-term view.
LBLOCKUSD Short-term Trend: Bearish (15-Minutes Chart)
The currency pair is in a bearish market zone in the lower time frame. This is due to the order flow by the sell traders. The LBLOCKUSD price has been having an affair with the bears in the previous action; this makes it easy for the sell traders to remain buoyant in the market at the moment.
Meanwhile, the coin price found a resistance at the $0.0002363 value shortly after the 15-minute session opens today, but the inflows from the bears have made the coin price go below the resistance mark at the $0.0002217 support level. However, buyers can invest in the coin at this trend now and also make more profits in the future.
Should the bulls change their orientation and hibernate any additional selling power the price may likely hit the previous high of $0.0003083 which might possibly extend the coin price to the $0.01000 high mark in the days ahead in its lower time frame.
You can purchase Lucky Block here. Buy LBLOCK
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