Lucky Block Price Prediction – December 28
Despite the recent crash in Bitcoin price the Lucky Block price anticipates a significant bounce as the buyers began the bullish action at the support level. Meanwhile, the crypto will most likely continue its new correction and the price could go higher to hit the previous resistance level at $0.0000330 and extend to reach the $0.0001200 upper resistance level, signaling an opportunity for investors.
Levels:
Resistance levels: $0.0000168, $0.0000169, $0.0000170
Support levels: $0.0000141, $0.0000140, $0.0000139
LBLOCKUSD Long-term Trend: Bearish (Daily Chart)
Amidst broader market downturns, the LBLOCKUSD price anticipates a significant bounce as a new correction occurs below the supply level. The price trades below the supply trend lines, indicating a bearish trend. The price is now on its way up to the resistance area to invalidate the bearishness.
The bears’ pressure at the $0.0000155 support value in the last session has contributed to its bearishness in its recent price level. Thus, the coin could see a significant bounce soon as the bulls anticipate a significant bounce.
Today, Lucky Block’s ongoing recovery is advancing towards the resistance at the $0.0000170 level as the daily chart opens and the bulls anticipate a significant bounce.
Thus, if the bulls breach the $0.0000330 resistance, the next price level to watch out for would be around the $0.0000800 level, signaling strong market optimism and potential for significant gains.
Hence, the LBLOCKUSD price anticipates a significant bounce as it remains in an uptrend on the daily stochastic. As a result, the token price may bounce to hit the $0.0001200 supply level in the upcoming days in its higher time frame.
LBLOCKUSD Medium-term Trend: Bearish (4H Chart)
LBLOCKUSD anticipates a significant bounce as it remains above the supply levels on the medium-term chart, indicating a bullish outlook. However, the market is presently facing the upper channel at the recent high due to the returns of the bulls.
The price action of Lucky Block anticipates a significant bounce as it increases to a $0.0000170 resistance level above the moving averages as a retracement as the 4-hourly chart opens today, affirming the presence and the impact of the bulls in the market.
Hence, the coin price could bounce if the bulls push higher and close the 4-hourly candle above the $0.0000300 high mark.
Also, the momentum indicator pointing up anticipates a significant bounce. The LBLOCKUSD price may remain in that direction to hit the $0.0001200 supply level and beyond in the days ahead in the medium-term time frame.
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