Lucky Block Price Prediction – December 19
It’s about time for the LBLOCKUSD price to rise again as a result; the crypto price may break up the $0.0001900 supply mark soon. Meanwhile, the coin will still go further if the current support at $0.0000620 holds. The crypto’s price may continue its upside moves to reach a $0.0002000 high level, provided buyers increase their actions in the market.
Key Levels:
Resistance levels: $0.0000900, $0.0000100, $0.00001100
Support levels: $0.0000600, $0.0000500, $0.0000400
LBLOCKUSD Long-term Trend: Bullish (Daily Chart)
Analyzing the chart above, we can see that LBLOCKUSD‘s price currently trades above the EMA and may break up the previous high level soon in its long-term view. This means that the coin is in an uptrend.
The pair made it to the $0.0000746 resistance level during yesterday’s session and has sustained the coin price above the supply trend lines in its recent high.
This was overridden by the sell traders as the coin price found new support at the $0.0000620 value above the EMA-50 as the daily chart commenced today.
Thus, if buyers could exchange hands with sellers at the mentioned support value and push the price of Lucky Block to break up above the $0.0001900 resistance value; further selling pressure would be hibernated.
Moreover, the selling pressure will soon be exhausted as the crypto price now approaches the oversold region of the daily stochastic. This will cause the bulls to resume the uptrend soon and in this case, the forthcoming bullish race may break the $0.0001900 previous high level which could extend the coin price to the $0.0002000 high mark in the days ahead.
LBLOCKUSD Medium-term Trend: Bearish (4H Chart)
The LBLOCKUSD pair which trades below the EMA may break the $0.0001900 supply level soon in its medium-term outlook. The coin market price can be seen slightly below the moving average which indicates a bearish trend. 
The bears’ pressure to the $0.0000520 support value in the past session also contributed to its bearish posture in recent times.
The buy traders showed more concern about the Lucky Block market and pullback at the $0.0000653 high value slightly below the EMA-50 just a few hours after the commencement of the 4-hourly session today.
The current correction value may likely prolong the bullish rally and may break its previous high at the $0.00001100 value if the bulls could add more strength to their buying power.
Additionally, if the Lucky Block’s’ price sustains above the current resistance level, the resulting rally may break up and surpass the $0.00001100 price level and hit the $0.0002000 psychological level at the upside in the days ahead in the medium-term time frame.
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