Lucky Block Price Prediction- January 3
The LBLOCKUSD price remains strongly bullish as it makes its way to the upper resistance trend zone. There is a possibility for the crypto to swing up further and test the previous high of $0.002500 level. Should the bulls increase their buying pressure, the resistance level of $0.003048 may not hold and it may extend to a $0.02000 high level and beyond.
Levels:
Resistance levels: $0.002500, $0.002600, $0.002700
Support levels: $0.002054, $0.001954, $0.001854
LBLOCKUSD Long-term Trend: Bullish (1H Chart)
The LBLOCKUSD market indicates an upward trend with a bullish sentiment in its long-term perspective. The coin is trading above the level of $0.002060. The market is presently facing resistance at the recent high.
In the previous price action, the cryptocurrency has been trading between and above the moving averages. This means that the price action is at the bull’s disposal. This gives room for a more bullish impact on the market.
The bulls also hindering the market price of Lucky Block from being smashed by the bears made a ride to the $0.002165 supply mark above the supply levels as the 1-hourly session opens today. This implies that the buy investors still remain dominant in the market and are actually buying the coin. If the bulls could push higher, the coin price may likely hit the overhead resistance area.
In a like manner, the coin is in an upward momentum on the daily stochastic, thus, further increase in the price action by the bulls might possibly move the crypto’s price up to the $0.02000 high mark as the market remains strongly bullish in the coming days in its long-term perspective.
LBLOCKUSD Short-term Trend: Bullish (15-Minute Chart)
The Lucky Block price is bullish on the lower time frame. The bulls are seen clustering around the market to take us higher to psychological key levels.
The coin has been trading in a bullish trend in the previous action which has made it possible for it to remain strongly bullish in the recent time.
The bulls are not relenting, an increase in price to the $0.002167 high value above the resistance levels as the 15-minute session opens today, shows that the buy traders are actually on top of the market at the moment. If the bulls should change their orientation and push the price higher, closing above the current resistance level will invalidate any further bearish thesis.
Further, more upsides are certain as the price indicator signals an uptrend. It is therefore expected that the long traders will push the coin price up and this might hit the $0.02000 high mark in the nearby days in its short-term outlook.
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