Lucky Block Price Prediction- December 10
LBLOCKUSD is very likely to continue growing as we see a bullish correction in place. Sellers are in a panic, buy! The coin gave a bullish breakout from the $0.002210 level, suggesting that buyers are making a recovery attempt. Thus, if the crypto’s price sustains above the $0.003083 high level, the potential rally could surge higher to hit the $0.02000 value and beyond. Thus, a clear buy signal for the coin holders.
Levels:
Resistance levels: $0.0002500, $0.0002600, $0.0002700
Support levels: $0.0002200, $0.0002100, $0.0002000
LBLOCKUSD Long-term Trend: Bullish (1H Chart)
The momentum on the higher timeframes (1H) is undeniably bullish as we can see from the above chart. The bulls are about to take over the LBLOCKUSD market and push us higher. This looks nice for the buying trader and signifies a buy signal. The impulse move by the bulls at the $0.002379 supply mark during yesterday’s session has sustained the bullish strength.
The crypto’s continuation to the upside at the $0.0002294 supply value which is above the resistance trend lines as the 1-hourly chart opens today, affirms that the buy traders are actually trading the coin and it’s in an uptrend. Therefore should the bulls increase their buying pressure in the market, further selling thesis will be invalidated which may result in panic for the sell traders.
In addition to that, the underlying sentiment suggests an uptrend continuation in the coming days as indicated by the daily stochastic. It is expected of buyers to push the price of Lucky Block further up to a significant level and in this case, the bullish rally might break up the $0.0003083 supply mark and further extends to the $0.02000 resistance mark soon in its higher time frame.
LBLOCKUSD Short-term Trend: Bullish (15- Minutes Chart)
The Lucky Block price remains in the bullish market trend in its short-term outlook. The market shows that the price may now be trading in a new ascending channel.
After completing the downward trip at the $0.0002087 support level, the bulls were able to reach the $0.0002379 resistance value during yesterday’s session and sustained it.
Now, continuation to the north at the $0.0002302 resistance level above the two EMAs as the 15-minute chart resumes today, is a result of high buying pressure and more concerns from the buy investors. This could result in panic for the sell investors.
Further, should buyers prove strong and move the price of LBLOCKUSD above the previous high at the $0.0002781 mark, further selling pressure will be invalidated and the $0.02000 high value might be the target in its lower time frame.
You can purchase Lucky Block here. Buy LBLOCK
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