Lucky Block Price Prediction- December 17
The LBLOCKUSD price is at the possible buy opportunity at the moment. The coin market has been in a bullish rally in the previous action and from the look of it, it will keep growing. The bull race may likely continue all the way into the key psychological level of $0.01000 supply value and beyond before we see any signs of buyers slowing down if the buy traders should put more aggression into the market.
Levels:
Resistance levels: $0.0002500, $0.0002600, $0.0002700
Support levels: $0.0002100, $0.0002000, $0.0001999
LBLOCKUSD Long-term Trend: Bullish (1H Chart)
The Lucky Block price is losing bearish momentum as it moves above the resistance level in the long-term perspective. The bulls caused a rise to the $0.0002318 supply level above the moving averages during yesterday’s session and sustained it. This has made it capable for the coin to remain in an uptrend.
The current price of LBLOCKUSD at the $0.0002287 supply value which is above the resistance trend lines suggests that the bulls still remain dominant in the market and a possible buy opportunity. This will also give the buy traders the motive to influence the price tendency.
Also, there is a high probability of the price going up to its recent swing high, which is $0.0002500 as shown by the daily stochastic which is in an upward direction in the oversold region. The coin market at the buy signal now may likely reach the $0.01000 supply value soon in its higher time frame.
LBLOCKUSD Short-term Trend: Bullish (15-Minutes Chart)
Despite the interference from the sell traders on the lower time frame, the currency pair is in an upward move. The price of LBLOCKUSD was able to reach the $0.0002262 high value in the previous action which really made the coin remain in an upward trend.
Despite the reaction from the short traders to the price, Lucky Block looks promising at the $0.0002294 high value above the moving averages as the 15-minute session resumes today. This is an indication that the bulls are buying the crypto at present.
In addition, further upsides are likely as the market is oversold. This will compel the buy traders to continue the upward rally and this time around the bulls may likely revisit the $0.0002500 level which might possibly hit the $0.01000 supply value soon in the lower time frame.
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