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Lucky Block Price Prediction: LBLOCKUSD Will Keep Rising above the Supply Levels

Johnathon Fox
12/15/2023 | UPDATED ON: 12/15/2023

Lucky Block Price Prediction – December 15
The LBLOCKUSD pair is positive again today. The coin market has been in a bullish rally in the previous action and from the look of it, it will keep rising above the supply levels and remains a buy signal for the coin holders. If the bulls’ pressure breaks through the $0.0001602 resistance level, the coin price could rise to a $0.0002000 high trend line, signaling a positive turnaround for coin holders.

Levels:
Resistance levels: $0.0002500, $0.0002600, $0.0002700
Support levels: $0.0001800, $0.0001700, $0.0001600
Lucky Block Price Prediction: LBLOCKUSD Will Keep Rising above the Supply Levels
LBLOCKUSD Long-term Trend: Bullish (Daily Chart)
The Lucky Block price is losing bearish momentum and will keep rising above the supply levels as it moves above the resistance level in the long-term perspective.

The bulls caused a rise to the $0.0000635 supply level above the moving averages during yesterday’s session and sustained it. This has made it possible for the coin to remain in an uptrend in its recent price level.

Today, the market price of LBLOCKUSD at the $0.0000749 high level which is above the moving averages as the daily chart opens implies that the price is in an uptrend and will keep rising.

LBLOCKSD is trading above the supply levels on the daily chart, if bulls should increase their price action, and bullish momentum is sustained, the cryptocurrency will keep rising to the upside and this may lead to the retest of $0.0001602 previous high mark.

Hence, there is a tendency for the coin to rise further, if the support level holds, this will enable buyers to take the price up to a high of $0.0002000 as soon as the price of Lucky Block keeps rising above the supply levels in its long-term perspective.

LBLOCKUSD Medium-term Trend: Bullish (4H Chart)
Upward pressure still dominates the LBLOCKUSD market in the medium-term time frame. The chart indicates that prices will keep rising above the supply levels, which affirms its bullish trend.
Lucky Block Price Prediction: LBLOCKUSD Will Keep Rising above the Supply Levels
The bulls made it to a $0.0000624 resistance level during the previous session and sustained it. This made it possible for the price to rise further in its recent price level.

Today’s market value of Lucky Block at a $0.0000749 supply value above the EMA-50 as the 4-hour session opens today affirms the presence of more buyers in the market which will keep the coin price rising above the supply levels.

However, there is a possibility of a further increase in the price of LBLOCKUSD, if the buy traders should increase their price actions and all the current support level holds, a psychologically key level at the $0.0002000 supply level might be reached soon in its medium-term time frame.

You can purchase Lucky Block here. Buy LBLOCK

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About Johnathon Fox

Johnathon is a Forex and Futures trader with over ten years trading experience who also acts as a mentor and coach to thousands and has written for some of the biggest finance and trading sites in the world.

View all posts by Johnathon Fox →
Previous Post: « Injective (INJUSD) Price Breakout and Bullish Continuation at $0.00572 Price Level
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