Lucky Block Price Prediction- December 24
The LBLOCKUSD price will rise from the support level to resume its upside moves. Based on the outlook, should the daily candlestick close above the $0.0000298 supply value, the correction phase will extend to meet the resistance at the $0.0000800 trend line, reflecting growing investors’ confidence.
Key Levels:
Resistance levels: $0.0000188, $0.0000189, $0.0000190
Support levels: $0.0000160, $0.0000159, $0.0000158
LBLOCKUSD Long-term Trend: Bearish (Daily Chart)
LBLOCKUSD price suggests it will rise from support levels as it sets for the next bullish rally in the higher frame. The coin is trading below the EMA. However, the market is presently facing resistance at the recent high. 
Earlier today, the bull run caused a rise in the price of Lucky Block to a high at $0.0000162 level below the moving averages as the daily chart commences, indicating the token price will rise from the support level. Hence, a breakout to $0.0000268 is imminent if the bulls can strengthen their buying power.
In addition, the LBLOCKUSD price pointing upwards on the daily stochastic implies that the crypto will rise from the support level. As a result, the buy investors will move the price action up and may likely hit the $0.0000800 supply level soon in its higher time frame.
LBLOCKUSD Medium-term Trend: Bearish (4H Chart)
The market price of LBLOCKUSD which increases to a $0.0000162 high level below the moving average suggests the price will rise from the support level.
The price is below the EMA-50, suggesting a downtrend in the context of the strength of the market. Thus, closing the 4-hourly session above the $0.0000250 will put the trade more on the buying side.
Hence, the Lucky Block pair pointing up on the daily stochastic indicates that the token will rise from the support level and suggests a possible recovery of the $0.0000800 supply level in the coming days in the medium-term time frame.
You can purchase Lucky Block here. Buy LBLOCK
Leave a Reply