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Lucky Block Price Forecast – October 4
The Lucky Block price forecast indicates that buyers are striving to sustain their bullish momentum despite losing strength at the $0.00003000 level.
LBLOCKUSD Long-Term Trend: Bullish (1-Day Chart)
Key Levels
Support Levels: $0.00002000, $0.00002240
Resistance Levels: $0.00003200, $0.00003300
Lucky Block recent bearish pressure emerged after a period of bullish growth, during which buyers successfully pushed the price past the consolidation phase. However, sellers have now breached the $0.00002270 level, causing a pullback in the market. Despite this, buyers remain optimistic in the long term and may still drive the price higher if they can establish a new, solid entry point.
Lucky Block Price Forecast: LBLOCKUSD Outlook
At present, the Momentum indicator is trending lower, and the RSI (Relative Strength Index) shows continued selling pressure. This suggests that sellers are still in control, particularly in the short term. However, buyers are not retreating and are working to regain dominance.
The ongoing battle between buyers and sellers may persist in the near term, but both the Momentum indicator and RSI hint that the selling sentiment might soon wane. If the momentum shifts in favor of the buyers, there is a strong potential for a Lucky Block recovery as it aims for higher price levels.
A rebound could push the price back toward the $0.00003000 level in the coming days. Traders using crypto signals should stay alert for any signs of buyers regaining control as the market navigates through this phase.
Lucky Block Medium-Term Trend: Bearish (4-Hour Chart)
In the shorter time frame, sellers are maintaining control, as seen from the downward movement below $0.00002270. The Momentum indicator and RSI both reflect the prevailing sell sentiment. However, buyers are still active, attempting to build enough momentum for a potential reversal.
If buyers regain control, the next target would be to push the price back toward the $0.00003000 resistance level. A shift in momentum could lay the foundation for this recovery, so traders should monitor for signs of increased buying pressure.
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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