Lucky Block Price Prediction- December 9
The Lucky Block price will go higher. However, the price could go higher if all the current support holds and the bulls can put in aggressive efforts; the price may possibly retest a $0.0003083 previous high which may eventually increase the coin price to the $0.02000 supply mark.
Levels:
Resistance levels: $0.0002300, $0.0002400, $0.0002500
Support levels: $0.0002100, $0.0002000, $0.0001999
LBLOCKUSD Long-term Trend: Bullish (1H Chart)
The LBLOCKUSD pair is still in an uptrend in its long-term outlook despite the inflows from the sell traders. The price bars can be seen slightly above the moving averages which are glued together. Thus, the bulls are capable of pushing higher from this trend line.
The successful breakout by the bulls to the $0.0003083 supply value during yesterday’s session has made it possible for the Lucky Block market to retain its bullish strength.
The momentum continues today as the bulls made an increase to a high at the $0.0002310 level above the two EMAs shortly after the 1-hourly chart opens today.
After a successful breakout and retest of the major zones, a buy at this pair is inevitable after rejection.
Similarly, should the bulls add an extra effort and close the hourly candle above the aforementioned supply value, a further bearish thesis will be nullified and the bulls could push higher to the $0.02000 high value in the coming days in its higher time frame.
LBLOCKUSD Short-term Trend: Bullish (15-Minutes Chart)
Despite the interference from the sell traders on the lower time frame, the LBLOCKUSD pair is in an upward move. The buy investors made an increase to the $0.0002781 resistance mark in the previous action and have made the coin price maintain its upward trend.
Thus, despite the drop in the price, Lucky Block’s price at the $0.0002309 supply mark above the EMA-50 as the 15-minute chart opens today looks promising as the bulls took to their stand to dominate the market prices at the moment.
Therefore, if the bulls should increase their tension in the market, the price tendency will move above the key levels and the bullish rally may likely hit the $0.02000 high mark in the coming days which will result in more gains for the coin holders in its lower time frame.
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