Lucky Block Price Forecast: LBLOCK Shows Bullish Intent to Reclaim $0.0000750

Lucky Block Price Forecast: March 5

The Lucky Block price forecast is for a strong inclination for the market to rebound immediately to reclaim the $0.0000750 price level.

LBLOCK/USD Long-Term Trend: Bullish (1-Day Chart)

Key Levels:
Supply Zones: $0.0000600, $0.0000750
Demand Zones: $0.0000470, $0.0000360

Lucky Block tends to ascend above the crucial $0.0000750 level following a recent bearish episode. For several weeks, the market strategically strengthened its buying base, enabling the coin to initiate a reversal at the $0.0000360 demand level. Subsequently, sustained upward momentum ensued, fueled by growing investments. LBLOCK successfully surpassed multiple key levels, notably the critical $0.0000600 mark. However, upon reaching $0.0000750, the market encountered resistance, resulting in a retracement below $0.0000600.

Lucky Block Price Forecast: LBLOCK/USD Outlook

After a recent bearish episode, Lucky Block exhibits a bullish inclination to reclaim the $0.0000750 key level.

After weeks of establishing a strong buying base, the coin executed a reversal at the $0.0000360 demand level, propelling the price upward amid increased market investment.

After successfully surpassing key levels, including the critical $0.0000600 mark, the market encountered resistance at $0.0000750, leading to a retracement below $0.0000600.

LBLOCK/USD Medium-Term Trend: Bullish (4-hour chart)

The price correction finds support at the MA period 20 (Moving Average), forming a potential springboard for an upward rebound. The RSI (Relative Strength Index) indicator has transitioned from overbought to the 50 mark, indicating a phase for potential price recovery towards the $0.0000600 level.

Crypto signals strongly suggest an immediate market rebound, evident in the strategic positioning just below the critical $0.0000600 level. On the 4-hour timeframe, the RSI line descends to the oversold border, anticipating a price reversal, while the coin aims to trade above the lower-level MA to reclaim $0.0000750.

How to buy Lucky Block

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