Lucky Block Price Forecast – LBLOCKUSD Buyers Aim For A Fresh Start

Lucky Block Price Forecast – December 17

The Lucky Block price forecast suggests that buyers are starting the new week at the $0.00001620 level, indicating signs of a potential recovery.

Lucky Block Long Term Trend: Bullish (Daily Chart)
Key Levels

Support Levels: $0.00001396, $0.00001250
Resistance Levels: $0.00001800, $0.00002410
Last week, Lucky Block’s bullish momentum weakened as buyers lost ground at the $0.00002410 resistance level. This resulted in a bearish retracement, causing the market to close at $0.00001396. However, this week has opened with a slight rebound to $0.00001620, signaling a potential fresh start for buyers.

Lucky Block Price Forecast – LBLOCKUSD Outlook

Although the MACD (Moving Average Convergence and Divergence) indicator still reflects bearish momentum, it reveals that sellers are gradually losing strength. Likewise, the RSI (Relative Strength Index) indicates a retreat from sellers, paving the way for a possible bullish recovery.

The $0.00001620 level could serve as a base for buyers to regain control and attempt a bullish breakout. Sustained momentum might push the price toward the $0.00001800 resistance level, with an eventual target of $0.00002410 in sight.

Nevertheless, technical indicators like the MACD and RSI have yet to confirm a definitive reversal, suggesting sellers may still exert influence. Buyers must maintain steady upward pressure to tilt the market in their favor.

Lucky Block Medium Term Trend: Bearish (4-Hour Chart)

In the shorter time frame, sellers have maintained dominance, but buyers are beginning to show signs of a comeback. Both the RSI and MACD indicators hint at a recovery, although they have yet to confirm a full bullish reversal.
If buyers capitalize on their current position, Lucky Block could rise toward $0.00001750 in the short term. Failure to sustain this momentum may lead to a retest of the lower support levels around $0.00001396. Traders are advised to remain cautious, leveraging crypto signals to navigate the ongoing market dynamics effectively.

How To Buy Lucky Block

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