Lucky Block Price Prediction- December 15
The LBLOCKUSD price is prone to face buying pressure soon as the market is finding its way to the resistance zone at the moment. After completing the low dips the crypto is on the verge of reversal at the moment. An increase in the bulls’ pressure may break up the $0.0002500 supply value and this may swing up the coin price to a $0.01000 supply trend line and beyond.
Levels:
Resistance levels: $0.0002500, $0.0002600, $0.0002700
Support levels: $0.0002100, $0.0002000, $0.0001999
LBLOCKUSD Long-term Trend: Bearish (1H Chart)
The market value of LBLOCKUSD can be seen in a bearish scenario in its long-term outlook. This is due to interference from sell traders. The coin price can be seen below the two EMAs which are fanned apart, indicating a downward trend.
However, this trend will soon be invalidated as the buy investors are warming up to take over the market. The previous low at the $0.0002024 value during yesterday’s session has made the crypto price trade below the supply trend line.
The bulls successfully hit the resistance level of $0.0002057 after completing the low-dips as the 1-hourly chart resumes today. However, the buy traders could not relent, as they aim to drag the price further to a significant level.
Hence, more upsides are expected as the Lucky Block market is also pointing up in the oversold region of the daily stochastic; this means that the selling pressure has ended and the bulls are now set to take us higher and in this case, $0.01000 supply level might be the target soon in the higher time frame.
LBLOCKUSD Long-term Trend: Bearish (15-Minutes Chart)
The currency pair is showing a bearish sentiment in the lower time frame. The price actions can be seen below the moving averages. 
The bulls made a correction at the $0.0002052 high level below the two EMAs as the 15-minute session opens today, this indicates that the bulls are gradually coming into the market to stage a play. Therefore, a bullish breakout of $0.0002258 resistance is needed to obtain a recovery opportunity for Lucky Block holders.
Meanwhile, a further rise in the market price of LBLOCKUSD is possible, as the selling pressure has ended. The coin market is now trading in the oversold region.
This means that the price might possibly resume the uptrend and may likely reach the $0.01000 supply level soon in its lower time frame.
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