Lucky Block Price Prediction – December 20
LBLOCKUSD’s price will jump soon as it anticipates and prepares for the next jump. The selling pressure has reached exhaustion; so, the coin price could be ready for an upward movement soon. If the buy investors could prove stronger up the more and the daily price at $0.0000151 rebounded and shows sustainability above the $0.0000330 resistance value, its upsides will jump and extend to reach a $0.0001200 upper resistance level, presenting a strong upward trend.
Levels:
Resistance levels: $0.0000168, $0.0000169, $0.0000170
Support levels: $0.0000151, $0.0000150, $0.0000149
LBLOCKUSD Long-term Trend: Bearish (Daily Chart)
The LBLOCKUSD pair will jump soon as it reaches the oversold region, indicating the end of selling pressure in the long-term outlook. The price is below the supply levels due to the high impact of the short-term traders on the price flow. 
Actions from the short traders at a $0.0000156 low value during yesterday’s session have dropped Lucky Block’s price beneath the supply trend lines in its recent low.
The coin plummeted beneath the EMA-50 at a $0.0000151 support level as the daily chart resumes today. Nevertheless, today’s price drop has not stalled the bull run as traders might seize this opportunity to invest in the coin now at a lower rate.
Thus, if buyers eventually wrestle trend control from sellers and rebound from $0.0000151 support, the LBLOCKUSD price will jump and a positive breakout above the current support is needed to confirm the potential Bull Run.
The pair is pointing upwards at around the 3% range of the daily stochastic, indicating that the Lucky Block price is now in the oversold region of the market.
Thus, the selling pressure has ended. We will now be looking into the emergence of more buyers in the oversold region of the market, encouraging the breakout rally to hit the 0.00012000 supply level in the days ahead in its medium-term time frame.
LBLOCKUSD Medium-term Trend: Bearish (4H Chart)
LBLOCKUSD price will jump soon. The coin seems to have pulled back a little, but the overall trend is still bearish in its medium-term outlook. Further, the price is below the EMA, indicating a bearish market.
The sustained bearish pressure to a $0.0000156 support value in the last session has made the cryptocurrency price remain below the supply trend levels in its recent low.
A rise to a $0.0000153 high level below the EMA-50 by the bulls as a pullback shortly after the daily chart opens today affirms the Lucky Block price will jump soon, as the coin investors return gradually into the market. Thus, the price of Lucky Block is to advance further if the bulls can redouble their efforts and push above the current supply level.
Such lower price rejection indicates buyers are defending this level and attempting to increase the price. Hence, a strong push above the $0.0000300 supply level will offer strong resistance to the crypto price.
Meanwhile, further downsides are unlikely as the market price of LBLOCKUSD suggests an uptrend on the daily signal. Therefore, we can be sure that the crypto price will jump soon, and a potential buy is coming near.
In light of this, the price jump could hit the $0.0001200 resistance level in the coming days, indicating a strong supply zone for a potential BUY in its higher time frame.
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