Lucky Block Price Forecast- LBLOCK/USDT at a Crossroads as It Tests Critical Support

LBLOCK/USDT Price Forecast – September 18th

Lucky Block price forecast buyers to be holding ground as sellers strive to push lower.

LBLOCK Key Levels

Support Levels: 0.00002833, 0.00001750
Resistance Levels: 0.00004000, 0.00006460

LBLOCK Long-Term Trend: Ranging (Bearish Pressure)

Lucky Block token is currently at a critical juncture as its price tests a long-standing and significant support floor. Following a rejection from a recent rally attempt, sellers have pushed the price back down, and bearish momentum is now prevailing.

The market’s next directional move hinges on whether this crucial support level can hold against the mounting pressure. The daily chart for LBLOCK/USDT shows the price operating within a wide consolidation range. The most pressing issue is the current test of the major support level at 0.00002833. After a brief rally was halted earlier in September, the market has seen a steady decline back to this critical threshold.

A failure to hold this level could trigger a much deeper correction before buyers set in. The current mix pressure is reflected in the technical indicators. The Relative Strength Index (RSI) has fallen to 42.77, below the 50 midline as buyers struggle to push back. Similarly, the Money Flow Index (MFI) is at 41.68, confirming that capital is flowing out of the asset and that buyers need to step up.

LBLOCK Short-Term Trend: Bearish Consolidation 4-hour chart

The 4-hour chart provides a closer look at the price action following the recent sell-off. After a sharp drop, the market has entered into a tight consolidation phase just above the critical support line. This type of low-volatility sideways movement at the lows is often a bearish sign, suggesting a lack of buying interest for the main time.

On this timeframe, the RSI is at 46.01, remaining below the 50 level, which reinforces the short-term bearish bias as buyers may push higher later.

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How To Buy Lucky Block

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