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Lucky Block Price Forecast – October 7
The Lucky Block price forecast indicates that buyers are seeking to regain confidence at the $0.00002160 support level.
LBLOCKUSD Long Term Trend: Bullish (1-Day Chart)
Key Levels
Support Levels: $0.00002160, $0.00002000
Resistance Levels: $0.00002510, $0.00003000
Last week’s Lucky Block market decline reactivated sellers, pushing the price down from $0.00003000. However, buyers managed to recover at the $0.00002160 level, reaching up to $0.00002500 before pausing. Now, they seem poised for another attempt, particularly if they can gain strength around this support.
Lucky Block Price Forecast: LBLOCKUSD Outlook
The Momentum indicator shows the recent slowdown as buyers consolidate at the $0.00002160 level. However, the MACD (Moving Average Convergence and Divergence) indicator reveals that buyers still have control, with signs suggesting potential upward movement.
Although the short-term movement is being influenced by sellers, this could be a brief pause for buyers before they make their next move. A rebound from this support level could be imminent, with buyers preparing to push the price back to $0.00002500 and potentially higher.
Lucky Block buyers remain strong, anticipating a potential resurgence from the $0.00002160 support. A successful rebound could lead to retesting higher levels, with the possibility of rallying toward $0.00002500 and potentially challenging the $0.00003000 mark again. As the market stabilizes, traders should monitor for shifts in momentum that could signal a bullish recovery, especially for those following crypto signals.
Lucky Block Medium Term Trend: Bullish (4-Hour Chart)
In the shorter time frame, sellers are currently steering the market as buyers take a temporary pause. The consolidation around $0.00002160 could serve as a base for buyers to regain strength. The MACD and Momentum indicators show that buyers still have influence, indicating a potential rebound.
If buyers regain momentum, they could push the price back toward the $0.00002500 resistance and potentially test the higher levels observed earlier.
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 event. We are not responsible for your investment results.
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