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Lucky Block Price Prediction: LBLOCKUSD Price is going up steadily

Johnathon Fox
12/23/2023 | UPDATED ON: 12/23/2023

Lucky Block Price Prediction – December 23
An opportunity to buy the LBLOCKUSD pair is near as the price is going up steadily at the moment. The crypto might continue growing as we are seeing a bullish correction in place. If buyers apply more force to the market’s price action, the $0.0001602 high trend line may be retested soon. Thus a clear buy signal for the coin holders.

Levels:
Resistance levels: $0.0000800, $0.0000900, $0.0001000
Support levels: $0.0000500, $0.0000400, $0.0000300

LBLOCKUSD Long-term Trend: Bullish (Daily Chart)
The LBLOCKUSD pair is going up steadily and about to climb above the previous high mark as we can see prices rising and trading above the EMA-50 in its long-term outlook. This has confirmed its bullishness.
Lucky Block Price Prediction: LBLOCKUSD Price is going up steadily
The high interference of long-term traders to the $0.0000609 high level in the last session has contributed to its bullish momentum in its recent high.

As the daily chart opens today, an increase to the $0.0000616 high level above the EMA-50 approaching the overhead resistance indicates that traders are actively buying at this level.

This current trend that is going up steadily will allow the price of Lucky Block to remain in the positive territory and rise or break into the positive territory. This, however, will generate a lot of interest among buyers.

Additionally, the market price which is pointing up in the oversold region will quicken the emergence of more buyers to move the price of Lucky Block up as the crypto is rising steadily to a significant level on the upside and this might hit the $0.0001602 supply trend mark soon which might extend further to the $0.0010000 upper resistance value.

Thus, registering a buy signal for the coin traders as the market remains strongly bullish soon in its higher time frame.

LBLOCKUSD Medium-term Trend: Bearish (4H Chart)
Due to low volume from the bulls, the LBLOCKUSD pair is in a bearish trend on the 4-hour chart. The price is going up steadily and trades below the moving average lines confirming a downtrend.
Lucky Block Price Prediction: LBLOCKUSD Price is going up steadily
The bearish impact on the crypto to the $0.0000551 support level during the previous action has made the coin price remain below the supply levels in its recent high.

The current price of Lucky Block at the $0.0000616 resistance level suggests the returns of the buy traders in the market. The market participants are responding to this pattern as the price is going up steadily, and its breakout should offer a good buy entry opportunity.

Furthermore, the daily stochastic is still moving upward. As a result, if Lucky Block buyers manage to break above the previous supply trend line of $0.0000970, market participants may witness a new recovery rally that may reach the $0.001000 high mark in the days ahead as the price is going up steadily 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: « Tamadoge (TAMA/USD) Price Slows Up, Breeding Hike Index
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