Lucky Block Price Prediction: LBLOCKUSD Price to Revisit $0.0002947 at the Upside

Lucky Block Price Prediction- December 6

There is a possibility for the LBLOCKUSD pair to experience a bullish reversal price action and the price could be ready very soon for another upward move potential. Lucky Block Price Prediction: LBLOCKUSD price to revisit $0.0002947 at the upside. If the forces from buyers in the market should increase and the current support level at $0.0002188 holds, the coin price may possibly retest the $0.0002188 previous high and beyond.

Levels:
Resistance levels: $0.0003000, $0.0003100, $0.0003200
Support levels: $0.0002288, $0.0002188, $0.0002088

LBLOCKUSD Long-term Trend: Bearish (1H Chart)
LBLOCKUSD is in a bearish market zone in its long-term perspective. As an outcome of low bullish momentum, sellers are hindering the market from smashing through the resistance zones.

However, on the 1-hourly chart today, the bulls made an increase to a $0.0002553 supply level below the moving averages after which the bears now dropped the price down to a low of $0.0002188 low value. Thus, should the bulls change their orientation and push higher the coin price may likely reverse and face the upside to retest the $0.0002947 high mark.

Meanwhile, the Lucky Block price has fallen below the 20% range of the daily stochastic, this will compel the bulls to resume the next upward move, and with this upcoming bullish trend, the price may jump up to revisit the $0.0002947 high level soon in its long-term outlook.

LBLOCKUSD Short-term Trend: Bearish (15-Minutes Chart)
The price of LBLOCKUSD is in a bearish move in its short-term outlook. The prices are seen slightly below the moving averages, this is due to the brief returns of sellers which may soon fade off.

Right now the coin price is currently trading at the resistance level of $0.0002188 slightly below the two EMAs; this assures or confirms the bull’s gradual return to the market. The longer the price stays above the mentioned level, the more pressure builds up to reach a key significant level at the upside.

In addition, further upsides are likely as the market is in an upward direction in the oversold region. This will compel the buy traders to resume the upward rally and this time around the bulls may likely revisit the $0.0002947 supply level and beyond soon in the lower time frame.

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