Lucky Block Price Prediction- December 6
The LBLOCKUSD price is set to grow more after completing the lows, which is another opportunity to buy. The coin price is actually on its way to the critical supply level. Hence, the bull run may surge, provided the buy investors add more strength to their actions and push the coin upward. Hitherto, the token price might pull up to hit its prior resistance at $0.0000330 and extend to meet the $0.0000800 upper resistance level, fueling the potential for higher recovery and gains.
Key Levels:
Resistance levels: $0.0000192, $0.0000193, $0.0000194
Support levels: $0.0000154, $0.0000153, $0.0000152
LBLOCKUSD Long-term Trend: Bearish (Daily Chart)
LBLOCKUSD pair is set to grow more as it begins its bullish trend with high optimism from the bulls in its long-term outlook. The Bulls are trying not to fall this time around. Further, the coin prices are traded below the EMA-50, confirming a bearish trend.
The sustained bearish pressure at a $0.0000169 support level in the last session has dropped the currency pair below the supply level. Meanwhile, the token will grow more as new corrections have started taking place to keep the potential in bullish sentiment.
The Lucky Block price is set to grow more as buyers pulled back to the $0.0000195 supply value below the EMA-50 as the daily chart opens today, indicating that buy investors are dealing in the coin investment.
However, the currency pair could grow more if the buy traders can break up the $0.0000330 peak level, maintaining further growth potential for the buy traders.
Next, the underlying sentiment suggests the LBLOCKUSD price is set to grow more as the daily stochastic remains upright. Buyers might push the crypto price to a significant level, and in this case, the target might be the $0.0000800 upper resistance level in the days ahead in its medium-term view.
LBLOCKUSD Medium-term Trend: Bullish (4H Chart)
The high inflows from the buy traders have made the LBLOCKUSD price grow more as the price remains bullish in its medium-term outlook.
The coin’s higher highs and higher lows in previous actions have enabled the price to grow and maintain an uptrend in its recent price level.
The Lucky Block price has experienced a remarkable surge as it increases to a $0.0000183 resistance level above the EMA-50 shortly after the commencement of the 4-hourly chart today, resulting in intraday gains for coin buyers as it is set to grow more.
Hence, staying above the supply levels indicates a strong possibility for a bullish correction.
Therefore, a strong breakup above the $0.0000300 resistance point would strengthen the bullish pressure, reflecting broader market bullishness.
Additionally, the LBLOCKUSD market will grow more as shown by the price indicator pointing upwards, if the buy traders should increase their price actions, the token price may surge to reach a significant level at a $0.0000800 resistance mark in the days ahead, signaling a BUY trade again in its medium-term time frame.
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