Lucky Block Price Prediction – December 29
LBLOCKUSD price may continue its uptrend to break up the $0.0001900 supply level soon. Based on the outlook, if the resistance level rises above the $0.0001250 value, a continuation of the upside is ensured. Thus, a daily candlestick above the mentioned supply level would invalidate any bearish theory. Therefore, if buyers can put more effort into their tension in the market, a shift in the trend upward will be achieved.
Key Levels:
Resistance levels: $0.0000800, $0.0000900, $0.0001000
Support levels: $0.0000500, $0.0000400, $0.0000300
LBLOCKUSD Long-term Trend: Bullish (Daily Chart)
Lucky Block is possibly making its way up and this may break up the $0.00019000 high level soon as the coin market trades above the supply level to signal a pump-up in its long-term outlook.
The bulls’ increased momentum at the $0.0000623 supply value in the past few days has allowed the crypto’s price to remain above the resistance lines in its recent high.
The pullback at the $0.0000520 resistance level above the EMA-50 as the daily chart commenced today suggests the returns of the buy traders in the market. The market participants are responding to this pattern, and its breakout should offer a good entry opportunity.
Hence, an additional increase in bulls’ action could break up the $0.0001900 previous high mark which would intensify the buying pressure on the crypto.
Adding to this, there are more bullish runs to come as the market now points upward at the oversold region at present, this suggests that the price of Lucky Block may likely break up the $0.0001900 high value and may likely hit the $0.0002000 upper resistance value soon in the long-term outlook.
LBLOCKUSD Medium-term Trend: Bearish (4H Chart)
The momentum on the medium-term outlook looks bearish but it is starting to turn bullish and this may break up the $0.0001900 supply level soon as can be seen from the chart now. 
The price of LBLOCKUSD is currently trading at the resistance close to the EMA-50. So it seems likely that the bulls are about to take over and push us higher.
Despite the interactions from the short traders, the bulls caused a rise to a $0.0000520 high level below the EMA-50 shortly after the commencement of the 4-hourly chart opens today. Thus, buyers need to add more pressure to their activities to move the market beyond the current price level.
Therefore, if the bulls increase their tension in the market, the price tendency will move above the key levels and this may break up the $0.0001100 previous high mark to invalidate any further bearish thesis.
Meanwhile, the market is pointing up on the daily stochastic indicating a buy potential. This will now compel the long traders to emerge and push the market price of Lucky Block to break up the $0.0001900 supply mark which could expose the coin price to a significant level of $0.0002000 upper high level in the days ahead in its medium-term time frame.
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