Lucky Block Price Prediction – December 2
The LBLOCKUSD price targets the $0.0000450 supply level as it journeys north amidst investors’ optimism. The coin might increase further if the current support at $0.0000164 holds. The crypto’s price may continue its upbeat trend to retest the $0.000450 previous high level and further target the $0.0001200 supply amidst the market surge, provided an increased surge in buyers’ interest occurs.
Key Levels:
Resistance levels: $0.0000185, $0.0000186, $0.0000187
Support levels: $0.0000162, $0.0000161, $0.0000160
LBLOCKUSD Long-term Trend: Bearish (Daily Chart)
LBLOCKUSD price responded to the shift in the market structure and targets the $0.0000450 supply level as it trends below the moving averages. 
The cryptocurrency price has been below the supply trend levels since its most recent low due to the persistent bearish pressure over the last few days.
The Lucky Block pair is recovering from the recent correction as fresh buying emerges near the supply level following the upward race. The coin price targets the crucial level as it touches the $0.0000180 high mark below the EMA-50 shortly after today’s daily chart opens.
Thus, a possible breakout from the $0.0000398 neckline will accelerate the buying momentum and push the prices higher to hit the 0.0000450 previous resistance levels, bolstering more buying pressure on the crypto to the upper resistance levels. Further, the market is high lightening an uptrend on the daily stochastic, suggesting the emergence of bullish pressure is crucial.
Hence, the bulls are expected to turn around the price of LBLOCKUSD and the price target might be the $0.00012000 supply value amidst a market surge in the days ahead in its higher time frame.
LBLOCKUSD Medium-term Trend: Bullish (4H Chart)
It’s nice to see a strong buying reaction from the LBLOCKUSD pair as the price targets the crucial resistance value in its medium-term outlook. The price bar is above the EMA-50 approaching the overhead resistance line, indicating that the coin market price is in an upward trend.
The bullish reversal at the $0.0000166 high value in the previous action has sustained the crypto above the trend line in its recent high.
The current price of Lucky Block targets the upper resistance as it moves to the $0.0000185 supply level above the EMA-50, indicating an upward momentum in the context of the strength of the market.
Thus, a renewal in buyers’ surge and possible breakout from the $0.0000330 neckline will accelerate the buying momentum and push the prices higher to hit the 0.000450 resistance levels.
Meanwhile, the Lucky Block pair has a target price of $0.0001200 supply level amidst the market surge as it continues its uptrend movement to the upper resistance as indicated by the daily stochastic pointing upwards. Hence, the mentioned target might be reached in the coming days in its medium-term perspective.
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