Lucky Block Price Prediction- December 13
The LBLOCKUSD price has formed a bullish flag pattern and may proceed higher, resulting in an opportunity for long-term investors. If the current support at $0.0000175 value holds, and the daily chart closes above the $0.0000330 resistance level, the token price may proceed high to hit the $0.0001200 upper resistance level, bolstering the bullish momentum and potential for significant gains.
Key Levels:
Resistance Levels: $0.0000212, $0.0000213, $0.0000214
Support Levels: $0.0000151, $0.0000150, $0.0000149
LBLOCKUSD Long-term Trend: Bullish (Daily Chart)
The LBLOCKUSD pair may proceed higher as the coin price is visibly increasing, buoyed by broader market recoveries in its higher time frame. The price is recovering and trades above the EMA-50, suggesting an uptrend.
The bullish reversal at the $0.0000223 high value in the past few days has enabled the crypto price to proceed higher above the supply trend line in its recent high.
Due to low bearish momentum, buyers are hindering the market from smashing through the support zones. The Lucky Block price proceeded and rebounded to a $0.0000212 resistance value above the EMA-50 as the daily session opened today.
Thus, the coin price may grow and proceed higher if the buy traders could add more pressure to their buying actions in the market.
Therefore, if the bulls breach the $0.0000330 peak barrier, the next resistance level to watch out for would be around the $0.0000450 level.
Further, the daily stochastic indicates an uptrend; in this case, the price of LBLOCKUSD might continue its bullish trend pattern, and the price may proceed higher to reach the $0.0001200 supply mark in the days ahead in its long-term outlook.
LBLOCKUSD Medium-term Trend: Bullish (4H Chart)
The Lucky Block pair exhibits bullish momentum and may proceed higher if conditions remain favorable in its medium-term perspective. The price bar can be seen above the EMA-50, indicating a bullish trend.
The sustained bullish pressure on the token to a $0.0000198 high value in the last action has enhanced the coin price to proceed higher above the moving average in its recent price level.
The bulls proceed higher to the $0.0000212 high mark above the EMA-50 as the 4-hourly session resumes today. The price bars are above the moving average lines, indicating and showing the bullish impact on the cryptocurrency, thus a turnaround and more intraday gains for the coin buyers.
However, if the buy traders successfully keep the LBLOCKUSD prices above the $0.0000300 resistance level, a retest of the previous high at the $0.0000398 level is possible which may further extend the coin price to the $0.0001200 upper high level in the coming days in its medium-term view.
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