Lucky Block Price Prediction – December 30
Lucky Block price is currently rising and it is likely to accelerate more which is an opportunity for long-term investors. If the current support at $0.0000469 value holds and the daily chart closes above the $0.00001250 resistance level, there is a high probability that the price will rise to its recent swing high, which is the $0.00001900 resistance trend line, which could further expose the coin price to a $0.0002000 upper high mark and beyond.
Levels:
Resistance levels: $0.0000500, $0.0000600, $0.0000700
Support levels: $0.0000350, $0.0000300, $0.0000250
LBLOCKUSD Long-term Trend: Bullish (Daily Chart)
LBLOCKUSD remains bullish on the higher time frames. This is clear as we can see the prices set to accelerate more by trading above the moving average lines indicating an uptrend.
The bullish reversal at the $0.0000623 high value in the previous action has sustained the crypto above the trend line in its recent high.
As a result of the previous action’s price rejection, buyers were able to push the price of Lucky Block higher to a $0.0000528 high level above the EMA-50 as the daily session began today. Thus, the coin price will accelerate more if the bulls can exert additional pressure on the price action as it journeys up north.
Adding to this, the momentum indicator pointing upwards suggests that the LBLOCKUSD price will accelerate more. In light of this, the price might retest the $0.00019000 supply value to hit the $0.00020000 upper resistance value in the coming days in its long-term outlook.
LBLOCKUSD Medium-term Trend: Bearish (4H Chart)
Lucky Block pair indicates a downward trend with a bearish sentiment in its medium-term perspective. The coin is trading below the EMA. However, the market price which is presently facing resistance at the recent high is poised to accelerate more.
The coin has completed its correction and is now set to accelerate more. The price movement of LBLOCKUSD to a $0.0000528 high mark below the EMA-50 shortly after today’s 4-hour session opening suggests the returns of more bulls in the market.
Hence, if the bulls should add more aggression to their activities in the market, the $0.0001100 resistance level might be reached soon.
Furthermore, the daily stochastic signals an uptrend, if the bulls could push harder and sustain the coin price above the $0.0001100 high, the LBLOCKUSD price could accelerate more and the resulting rally may surpass the previous high level and hit the $0.0002000 psychological level at the upside in the days ahead in its medium-term perspective.
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