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Lucky Block Price Forecast: June 18
The Lucky Block price forecast shows that buyers have been regaining strength after facing intense selling pressure by defending the $0.00001840 support level. They are now aiming for a strong reversal.
LBLOCKUSD Long Term Trend: Bearish (1-Day Chart)
Key Levels
Support Levels: $0.00003930, $0.00004800
Resistance Levels: $0.00002570, $0.00001840
The LBLOCK crypto market has been a battleground, with buyers making a comeback after intense struggles from sellers. The bulls have been holding strong above the $0.00001840 market level, preventing sellers from breaking through.
Lucky Block Price Forecast: LBLOCKUSD Outlook
Following the bearish decline from the $0.00002580 key level, Lucky Block traders have been on high alert. Buyers have been intent on causing a reversal and managed to pull the price up to $0.00002580 last week. However, the ongoing battle has resulted in the crypto price trading back down to the $0.00001840 key level.
Despite several days of selling pressure, buyers are not willing to back down. The recent rise in the Momentum indicator reflects their resilience to keep moving forward. With help from more investors, buyers can easily re-enter the scene. Their response can pave the way for more bullish order flow.
The Parabolic SAR (Stop and Reverse) indicator is also picking up strength as buyers are now on the move again. Lucky Block is likely to recover strongly, fighting through several key levels. This suggests that bears will struggle to regain control once the bullish momentum starts to dominate.
LBLOCKUSD Medium Term Trend: Bullish (4-hour chart)
The short-term timeframe reflects a state of consolidation, with bulls currently trading to gain more dominance. The Momentum indicator is gradually responding to buyers’ efforts.
Meanwhile, the Parabolic SAR (Stop and Reverse) indicator still shows sellers in control. Buyers will need to refuel their strength to gradually overcome the selling pressure. To navigate these market conditions effectively, traders should consider using the best crypto signals available.
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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