Lucky Block Price Forecast – LBLOCKUSD Anticipate Breakout Attempt As Price Slips Back Into Consolidation Zone

LBLOCK/USDT Price Forecast – July 22nd

Lucky Block (LBLOCKUSD)  price recent volatility spike proves short-lived as the asset gets rejected from resistance, with indicators pointing to a return to range-bound conditions.

Lucky Block Key Zones

Support Zones: $0.00003840, $0.00001970
Resistance Zones: $0.00006450, $0.00008390

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

The Lucky Block market has seen a recent breakout attempt decisively rejected, pushing the price back into its long-standing consolidation channel. A brief surge in buying pressure failed to sustain momentum, confirming that buyers remain less active at key resistance levels. This “fakeout” reinforces the market’s state of indecision and suggests that it is not yet ready to commit to a sustained directional trend.

Lucky Block Price Forecast – LBLOCKUSD Outlook

The daily chart for LBLOCKUSD continues to be defined by a prolonged period of low-volatility consolidation. Following the significant price swings in May and June, the market has settled into a narrow range, creating a classic “Bollinger Band Squeeze.” This tightening of the bands indicates that the market is storing energy, which often precedes a powerful and sustained breakout.

The market has recently tested the upper Bollinger Band but failed to break through, subsequently returning to the mean. This action confirms that the market remains in a neutral state. Neither bulls nor bears have been able to establish control, and the asset remains coiled, awaiting a stronger catalyst.

The Stochastic oscillator, which had spiked towards the overbought region during the price pop, has now sharply crossed over and is heading down with a reading of 10.44 / 21.30. This shows that the brief buying momentum has been exhausted but buyers are on the look for available opportunity. The focus remains on the Bollinger Bands, as a breakout from this squeeze will likely dictate the next major trend.

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

The 4-hour chart provides a clear view of the recent failed breakout. After a sharp spike on July 20th, the price has now completely retraced that move, falling back into the tight channel that has defined its price action for weeks.

The indicators on this timeframe capture the reversion to the mean. After a brief expansion, the Bollinger Bands are beginning to tighten again, confirming the return to low-volatility consolidation. The Stochastic oscillator is now deep in oversold territory with a reading of 0.93 / 6.50. The bulls are looking to reclaim their strength once again.

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