Lucky Block Price Prediction – December 22
LBLOCKUSD price is very likely to climb above the $0.0001602 high mark soon to maintain a stable upside move. The crypto might continue growing as we are seeing a bullish correction in place. The coin is rising steadily, and if all support levels hold and resistance breaks out of the $0.0000940 level, we can expect the coin price to retest the previous high of $0.0001602 and possibly rise as high as the $0.0002000 upper resistance trend line and beyond.
Levels:
Resistance levels: $0.0000800, $0.0000900, $0.0001000
Support levels: $0.0000500, $0.0000400, $0.0000300
LBLOCKUSD Long-term Trend: Bullish (Daily Chart)
The LBLOCKUSD pair is about to climb above the previous high mark as we can see prices rising and trading above the EMA-50 in its long-term outlook. This has confirmed its bullishness. 
The high interference of long-term traders to the $0.0000610 high level in the past few days has contributed to its bullish momentum in its recent high.
After completing the lows at $0.0000553 value during yesterday’s session, buyers inroad briefly and made a pullback at the $0.0000607 supply level above the EMA-50 as the daily chart opens today.
Meanwhile, if the bulls can prove stronger and increase their buying forces, the price of Lucky Block is expected to climb above the $0.0001602 previous high barrier, resulting in an intraday gain for the coin buyers.
Adding to that, the crypto price now approaches the oversold region, which implies that the bulls may soon resume fully and continue the bullish rally, this will make it possible for the Lucky Block price to climb above $0.0001602 soon which could further extend to the $0.0002000 upper resistance value in the coming days in its higher time forecast.
LBLOCKUSD Medium-term Trend: Bearish (4H Chart)
LBLOCKUSD’s price is trading below the moving average in its medium-term outlook. However, the coin has begun its rising pattern and this may climb above the supply levels soon.
The sustained bearish pressure in the past few hours has made the crypto price remain below the supply trend levels at its recent low.
The coin price at the $0.0000591 supply mark shortly after the 4-hourly chart opens today is a pullback by the bulls to invalidate any further bearish trend. This suggests the return of the bulls to the market and an improved bullish market sentiment.
Thus, if an extra effort is being added by the coin buyers, the price of LBLOCKUSD could climb above the $0.0000970 previous supply level and put the trade more on the buy side.
In addition, the pair is pointing upwards in the oversold region of the daily stochastic. It indicates that the selling pressure has ended. We will now be looking into the emergence of more buyers in the oversold region of the market.
This crossover could encourage the breakout rally to climb above the $0.0001602 supply level and this may reach the $0.0002000 soon in its medium-term time frame.
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