Lucky Block (LBLOCK/USD) Navigates Support After Volatile Spike
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Lucky Block Price Forecast – LBLOCK/USDT Navigates Support After Volatile Spike

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Azeez Mustapha

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Lucky Block Price Forecast – July 08, 2025

The Lucky Block price forecast indicates a market in a phase of consolidation and retracement following a significant recent price surge. While the initial explosive momentum has subsided, buyers are actively defending a key support level, signaling a potential new accumulation zone as the asset seeks stability.

Lucky Block Key Levels

Support Levels: 0.000003480, 0.000001190, 0.000000670
Resistance Levels: 0.000006193, 0.000008221, 0.000009860

Lucky Block Price Forecast - LBLOCK/USDT Navigates Support After Volatile Spike

Lucky Block Long-Term Trend: Bullish (Daily Chart)

LBLOCK/USDT clearly illustrates a market that experienced a dramatic and rapid price increase in in June.This has propelled it from extended consolidation lows to significantly higher levels. Following this peak, the price entered a sharp corrective phase throughout June and early July.

Lucky Block Price Forecast – Market Outlook

Currently, the asset is finding some stability around the 0.000003921 mark, having previously bounced from the 0.000003489 support area, which was a notable resistance level before the May pump. The long-term perspective suggests that buyers are attempting to establish a new, higher price floor compared to pre-spike levels, but overhead supply remains active, leading to ongoing consolidation.

Currently trading at 0.000003921, the LBLOCK/USDT price reflects a market in a post-volatility adjustment phase, showing a minor decrease of -0.73% from its daily open. The sharp retracement from the recent high of 0.000006193 (seen as a long upper wick) highlights that while there’s capacity for rapid upward movement, significant profit-taking or selling pressure emerges quickly at higher resistance points. The market’s immediate focus is on whether the 0.000003489 level can firmly hold as new support, preventing a deeper correction back towards earlier lows.

The Stochastic Oscillator is at 16.80, trending downwards and entering the oversold region. This suggests that the immediate selling pressure or correction might be nearing exhaustion, potentially setting the stage for a short-term bounce, though a clear bullish reversal signal isn’t yet present. The MACD line remains below the signal line, and the histogram is negative and expanding (-0.00000126). This indicates persistent bearish momentum in the medium term, confirming the corrective nature of the price action since the May peak.

GATEIO:LBLOCKUSDT Chart Image by gaintwriter

Lucky Block Short-Term Trend: Bullish (4-Hour Chart)

The 4-hour chart provides a more immediate view of the price action, showing LBLOCK/USDT consolidating tightly around 0.000003922, with a negligible change of 0.00%. After a significant upward spike earlier in July, the price has retraced, now attempting to find equilibrium. This suggests that while there was a strong buying impulse, sustaining higher levels proved challenging, and profit-taking ensued. Buyers are currently trying to establish a floor at the 0.000003489 level, which is a critical area.

The Stochastic Oscillator is at 40.04, having declined from higher levels. It’s in neutral territory but trending downwards, suggesting that short-term buying momentum has faded, and the market is in a period of re-evaluation.

How To Buy Lucky Block

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