Lucky Block Price Prediction – December 4
LBLOCKUSD is attempting the next bull cycle and a breakout is imminent. The crypto is very likely to increase in strength as we are seeing a bullish correction in place. The coin gave a bullish breakout from the $0.0000200 level, suggesting buy investors are making a recovery attempt. Thus, if the crypto’s price sustains above a $0.0000450 high level, the potential rally could surge higher to hit the $0.0001200 supply value and beyond.
Key Levels:
Resistance levels: $0.0000200, $0.0000201, $0.0000202
Support levels: $0.0000750, $0.0000745, $0.0000740
LBLOCKUSD Long-term Trend: Bearish (Daily Chart)
The LBLOCKUSD pair indicates a downward trend with a bearish sentiment in its long-term perspective. Prices are below the EMA, suggesting a bearish trend due to a high inflow from the sell traders. However, the market is presently facing resistance at the recent high. 
Actions from the short traders at a $0.0000161 low value during the last session have dropped Lucky Block’s price beneath the supply trend lines in its recent high.
Price movement to a $0.0000200 high level below the EMA-50 as the daily chart commences today is a pullback, indicating the bulls are attempting the next bull cycle and break out is imminent, resulting in an intraday gain for buyers.
A breakout above the overhead trend line could signal a change in price trend to test the previous barrier of $0.0000398 soon.
Hence, the daily signal further upside is certain as the coin highlights an uptrend. It is therefore expected that the buy investors will move LBLOCKUSD price up and may likely hit the $0.0001200 supply level in the coming days as it attempts the next bull cycle in its higher time frame.
LBLOCKUSD Medium-term Trend: Bullish (4H Chart)
Lucky Block’s price is attempting the next bull cycle and remains in a bullish market in its medium-term outlook. The pair is currently above level $0.0000180.
The market price of LBLOCKUSD increases to the $0.0000186 high level above the moving averages suggesting the return of buyers, attempting the next bull cycle to influence market conditions. Thus, closing the 4-hourly session above a $0.0000330 high mark will accelerate buying pressure and put the trade more on the buying side.
Hence, the pair pointing up on the daily stochastic indicates that the buying pressure may continue, and suggests a possible recovery of the $0.0001200 supply level in the coming days as the bulls are attempting the next bull cycle in the medium time frame.
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