Lucky Block Price Prediction – January 1
As New Year rings today, the LBLOCKUSD price targets the $0.0001200 high value as the coin performance attracts significant interest from traders. The coin is going up and will go further if the current support at $0.0000145 holds. The crypto’s price may continue its upside moves to retest the $0.0000298 previous high level, targeting the $0.0001200 supply amidst the market surge, provided buyers increase their actions.
Key Levels:
Resistance levels: $0.0000170, $0.0000175, $0.0000180
Support levels: $0.0000141, $0.0000140, $0.0000139
LBLOCKUSD Long-term Trend: Bearish (Daily Chart)
LBLOCKUSD is bearish in its long-term outlook. The price targets the upper high level as it responds to the shift in the market structure and is currently trading 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 coin is recovering from the recent correction as fresh buying emerges near the supply level following the upward race. The altcoin has completed its correction and is set for an upswing.
The bulls have decided to shift the trend up after a series of lows shortly after today’s daily chart opens. With the positive sentiment, the Lucky Block price targets the overhead resistance as it rallied up to the $0.0000170 supply value below the moving averages as a pullback, breaching the $0.0000155 daily barrier as the daily chart opens today.
Thus, a possible breakout from the $0.0000298 neckline will accelerate the buying momentum to target the $0.0000330 previous resistance levels, bolstering more buying pressure on the crypto to the upper resistance levels.
Further, the Lucky Block market is pointing at around the 34% range of the daily stochastic, implying the emergence of more buyers. Hence, the bulls are expected to turn around the price of LBLOCKUSD and the target might be the $0.0001200 supply value amidst a market surge in the days ahead in its higher time frame.
LBLOCKUSD Medium-term Trend: Bullish (4H Chart)
The LBLOCKUSD price targets the upper resistance level as it remains pressured above the supply area in its medium-term outlook. The price currently trades above the EMA-50, indicating a bullish trend. 
The pair made it to the $0.0000169 resistance level in the previous action and has sustained the coin price to target the overhead resistance as it remains above the supply trend lines in its recent high.
The current price of Lucky Block trades at the $0.0000170 supply level above the EMA-50 as the 4-hourly session opens today, indicating an upward momentum in the context of the strength of the market.
Thus, a possible breakout from the $0.0000250 neckline will accelerate the buying momentum and push the prices higher to target and hit the 0.0000450 previous resistance levels.
Meanwhile, the LBLOCKUSD 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
You can purchase Lucky Block here. Buy LBLOCK
Leave a Reply