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Lucky Block Price Prediction: LBLOCKUSD Suggests a Good Buy at $0.00005194 Price Level

Johnathon Fox
12/11/2023 | UPDATED ON: 12/11/2023

Lucky Block Price Prediction – December 11
Lucky Block is on the positive side today. The coin now suggests a good buy at the current resistance level of $0.00005194. If the bulls can add additional efforts to their buying pressure and the coin price could sustain above the pattern supply trend line at the $0.00001900 level, the coin price may trigger up to the overhead resistance mark at the $0.01000 level, thus a clear buy signal for the buy investors.

Levels:
Resistance levels: $0.0000900, $0.0001000, $0.0001100
Support levels: $0.0000600, $0.0000500, $0.0000400

LBLOCKUSD Long-term Trend: Bullish (Daily Chart)
LBLOCKUSD suggests a good buy as the bulls remain dominant in its long-term view. This is clear as we can see price continues to make higher highs and higher lows above the supply levels. It seems that the bulls are set to push us higher. There are multiple possible targets at this point, but either way, the pair looks quite bullish here.
Lucky Block Price Prediction: LBLOCKUSD Suggests a Good Buy at $0.00005194 Price Level
The pressure from the bulls at the $0.0004908 supply value in the previous action has made it possible for the coin to stay above the trend line and remain stronger in recent times.

Today’s daily bullish candle at the $0.00004511 which further rises to a $0.00005194 supply mark above the moving averages confirms the bulls’ dominance in the market. This indicates a good buy for the coin traders.

However, there are bullish signals above level $0.00004651 which indicates a possible further increase in the market value.

Further, the Lucky Block price indicates an upward momentum on the daily signal, this implies that the pair will continue to increase to the upsides and this may get to the $0.010000 upper resistance trend mark soon in its long-term outlook.

LBLOCKUSD Medium-term Trend: Bullish (1H Chart)
The coin also trades suggesting a good buy in its medium-term outlook. This is due to the high impact of the long-term traders on the price flow.
Lucky Block Price Prediction: LBLOCKUSD Suggests a Good Buy at $0.00005194 Price Level
The sustained bullish pressure pushed the LBLOCKUSD pair up to the $0.00004898 supply level during the previous session and sustained it. This has made it possible for the coin to remain firm in an uptrend in its recent price level.

At the time of writing this article, the market value of Lucky Block came out of its shell and risen speedily to the $0.00005149 high mark above the EMA-50 as the 4-hour chart resumes today; therefore, if the bulls increase their tension in the market, the price tendency will rise above the key levels, suggesting a good buy for the long traders.

In addition to that, the coin is pointing up around the level 74% range of the daily stochastic; this implies the bulls may continue to dictate market direction.

Hence, if the coin buyers manage to break above the $0.00009700 previous supply trend line, the market participants may witness a new recovery rally and this may likely reach the $0.001000 high mark soon in its medium-term view. Hence, buyers may take a position as desired.

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 →
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