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Lucky Block Market Prediction – June 24
The Lucky Block market prediction shows buyer resilience near the $0.00001540 support level. The RSI (Relative Strength Index) is stretched into oversold territory, indicating potential for a reversal.
LBLOCK/USD Long-Term Trend: Bullish (1-Day Chart)
Key Levels
Supply Zones: $0.0000350, $0.0000460
Demand Zones: $0.0000310, $0.0000260
The Lucky Block market has been dominated by bearish sentiment for a while. However, the buyers have shown resilience and an unwillingness to back down. The recent price action around the $0.00001540 significant level suggests that the sell-side traders are facing intense pressure, which may prevent further downsides for the time being. As seen last week, the buyers have been on the edge of launching a strong counterattack against the sell-side pressure.
Lucky Block Market Prediction: LBLOCKUSD Anticipation
As the month of June comes to an end, the buyers are placing buy orders near the $0.00001540 key area, indicating their eagerness to defend this level. Despite the bears’ stronghold on the Lucky Block price throughout this month, the buyers have not been entirely absent.
Following the consolidation in early June, sell-side traders intensified the pressure around the $0.00002600 significant area. The bulls tried to counter the sell-off, but the price eventually fell to the $0.00001540 key area.
The current key levels may start attracting buy-side traders for a potential rebound. The RSI (Relative Strength Index) is stretched around the oversold area, suggesting that the buyers may be eager to re-enter the market.
LBLOCKUSD Medium Term Trend: Bullish (4-hour Chart)
The Moving Average crossing indicator has yet to show a crossover, but the short-term timeframe reveals sellers struggling to break through the $0.00001540 key area. This inability of the sellers to breach the $0.00001540 level can provide an opportunity for the buyers to initiate a reversal.
The Moving Average crossing is gradually presenting a crossover, indicating that the buyers are preparing for a potential rebound. The RSI indicator is set to rise beyond the middle range to the buy-side, further reinforcing the buyers’ anticipation for a strong rebound. To make informed trading decisions, utilizing the best crypto signals can provide valuable insights and opportunities in this volatile market.
How To Buy Lucky Block
Note: Learn2.trade is not a financial advisor. Do your research before investing your funds in any financial asset, product, or evresponsibleent. We are not responsible for your investment results.
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