Lucky Block Price Prediction – December 4
The market price of Lucky Block might swing up and a breakout is imminent as the crypto faces the upside. Based on the outlook, should the daily candlestick close above the $0.0001602 previous supply mark, the correction phase will extend to meet the resistance at the $0.001000 upper trend line.
Levels:
Resistance levels: $0.0000900, $0.0001000, $0.0001100
Support levels: $0.0000500, $0.0000400, $0.0000300
LBLOCKUSD Long-term Trend: Bearish (Daily Chart)
From the chart above we can be assured that the LBLOCKUSD market is about to swing up and break out of the support zone in its long-term view. The coin has just resumed its bullish move at the support area but has yet to reach its goal.
The sustained bearish pressure at the $0.0000282 support level during yesterday’s session has made the price stay below the supply levels in its recent high.
Today, the aggressive move by the long traders pushes the price of Lucky Block up to a $0.0000300 high level below the moving averages as the daily chart opens: an indication of more bulls’ gradual returns to the market.
This current trend will enable the price to swing up and rise or break out to the upsides. This however creates a strong area of interest for buyers.
Hence, with the price of LBLOCKUSD pointing upwards on the daily stochastic, this means that further upside is certain. It is therefore expected that the buy investors will move the price action up and may likely swing up and hit the $0.001000 upper resistance level in the latter days in its higher time frame.
LBLOCKUSD Medium-term Trend: Bullish (4H Chart)
LBLOCKUSD indicates an upward trend with a bullish sentiment in its medium-term perspective. The coin breakout and swing up above the EMA line confirms its bullishness. 
The bullish pressure at the $0.0000294 supply level in the past few hours has made the coin stay below the supply trend levels in its recent high.
The market price of Lucky Block rising from $0.0000298 to $0.0000291 resistance level above the moving averages suggests an uptrend in the context of the market’s strength. As a result, closing the 4-hour session above the $0.0000320 supply value will shift the trade more to the buy side.
Additionally, the pair may likely swing up and a breakout is imminent as shown by the daily signal pointing up. This means that the buying pressure may continue, and suggests a possible recovery of the $0.001000 supply level in the coming days in the medium-term time frame.
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