Lucky Block Price Prediction- January 6
The LBLOCKUSD price is presently on the positive side and has the potential for a bullish pattern continuation. The coin price may likely move higher above the current resistance level if buyers should triple their efforts to forecast a bullish increase in the market above the $0.0003048 supply value, the $0.02000 upper high level might be reached.
Levels:
Resistance levels: $0.0002500, $0.0002600, $0.0002700
Support levels: $0.0002200, $0.0002100, $0.0002000
LBLOCKUSD Long-term Trend: Bullish (1H Chart)
At the time of writing, LBLOCKUSD is trading in an uptrend. The prices are above the moving averages and have confirmed a bullish momentum breaking up the previous high at $0.0002152 value.
The buy investors actually made a jump to the $0.0002280 supply value above the moving averages during yesterday’s session and sustained it; this really enabled traders to sustain the upward strength.
The bulls responded to the shift in the trend and made an increase to the $0.000205 supply trend level as the 1-hourly chart opens today: evidence of bullish recovery and growth in bullish momentum. Thus, this bullish pattern will encourage further recovery and might possibly breach the $0.0002205 supply level.
In addition to that, the daily stochastic also indicates an uptrend. Therefore, if coin buyers could sustain the price of Lucky Block above the $0.0002500 high mark and close a candle above the mentioned resistance level, a potential buy signal will be clarified. As a result, the price could pump or surge upsides to hit the $0.02000 resistance value soon in its long-term outlook.
LBLOCKUSD Short-term Trend: Bullish (15-Minute Chart)
Due to the high bullish impact, the market value of Lucky Block in the lower time frame (15 minutes) is seen above the moving averages. This means that the pair is in a bullish trend.
The bulls’ pressure on the cryptocurrency at $0.0002185 during yesterday’s session has sustained the trend of the coin market.
Today, the coin made an upward move to the $0.0002223 supply mark after which
the bears intervened and dropped the price down to $0.0002200 above the supply lines indicating a more bullish impact on the crypto. Thus, a further increase in the buying pressure may likely prolong the ongoing correction which might stop any bearish thesis in the future.
Hence, should buyers intensify their efforts and push the coin price above the $0.0002500 resistance level; further selling pressure will be disturbed. With this, the price of Lucky Block may likely continue the bullish correction race and might possibly reach the $0.02000 supply value in the days ahead in its short-term perspective.
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