Lucky Block Price Forecast – LBLOCK/USDT Hits Key Support in Deeply Oversold Conditions

Lucky Block Price Prediction – August 7, 2025

The Lucky Block (LBLOCK/USDT) market has reached a critical support level amidst deeply oversold conditions, creating a high-probability environment for a bullish reversal.

LBLOCK/USDT Key Levels:

Resistance levels: $0.00006457, $0.00008396
Support levels: $0.00003108, $0.00001736

The daily chart for LBLOCK/USDT shows that the price has been in a steady decline throughout late July, eventually bringing it down to the crucial support level at $0.00003100. This level previously acted as a bottom in late June, making it a significant area of interest for buyers.

Lucky Block Price Forecast – LBLOCK/USDT Outlook

The price is currently testing a major support floor while both the Stochastic and Money Flow Index (MFI) indicators are signaling that selling pressure is extremely overextended. The MFI reading, in particular, is at a very low level, which often precedes a sharp counter-trend rally as selling pressure capitulates.

The Stochastic oscillator is also in the oversold region and is showing signs of a potential bullish crossover, suggesting the downtrend is losing its momentum and a bounce is imminent. The combination of the price hitting this known support floor while key momentum oscillators are at extreme lows presents a classic technical setup for a bottom. Buyers are likely to view this as an attractive zone to accumulate positions, anticipating a reversal.

Given the deeply oversold conditions at a major support level, the most likely next move for Lucky Block is a bullish bounce. A successful defense of the $0.00003108 support would likely trigger a rally back towards the first area of resistance around $0.00004500. However, traders should remain cautious. A failure to hold the current support and a decisive close below it would be an extremely bearish development, signaling a continuation of the downtrend with the next target at $0.00001736.

Lucky Block Short Term Trend- Bullish (4-hour Chart)

The 4-hour chart provides the first confirmation signals that a bounce is beginning to materialize. The Stochastic oscillator on this timeframe has already made a bullish crossover and is rising out of the oversold region. This indicates that short-term buying pressure is starting to build. The price action is also showing signs of forming a base, ceasing to make new lows. This short-term shift in momentum adds weight to the bullish reversal scenario on the daily chart.

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How To Buy Lucky Block

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