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Lucky Block Price Forecast – October 17th
The Lucky Block price forecast indicates that buyers are working to stabilize the market as they push to establish a bullish trajectory.
LBLOCKUSD Long-Term Trend: Bullish Recovery Attempt (Daily Chart)
Key Levels
Support Levels: $0.00001990, $0.00001800
Resistance Levels: $0.00002200, $0.00003100
After recovering from the $0.00001990 support level, buyers are now challenging the $0.00002200 resistance zone. The aim for LBLOCKUSD bulls is to approach the previous market high, although this remains challenging as they strive to gain momentum.
Lucky Block Price Forecast: LBLOCKUSD Outlook
Lucky Block’s price has sharply rebounded after touching the $0.00001990 support level, with buyers pushing towards the $0.00002200 mark. In recent months, the price peaked at $0.00003000 before a bearish pullback brought it down. Currently, buyers are working to overcome the resistance at $0.00002200 and regain a bullish path.
The RSI (Relative Strength Index) is showing renewed strength, indicating that buyers are quickly responding and gaining control. Similarly, the MACD (Moving Average Convergence Divergence) indicator suggests a possible bullish crossover, which could further strengthen buyer momentum and provide relevant crypto signals for traders.
If buyers sustain this momentum and break through the $0.00002200 level, the market could enter a stronger bullish phase, potentially driving the price back towards $0.00003000. With both indicators signaling buying opportunities, the market is positioned for a recovery, and traders should watch for further signs of a breakout.
LBLOCKUSD Medium-Term Trend: Bullish (4-Hour Chart)
On the short-term chart, buyers are exhibiting strength as they gradually counter recent selling pressure. Both the MACD and RSI indicate a buying opportunity, hinting at a possible continuation of upward movement.
Lucky Block’s price is approaching a recovery, with bullish momentum gaining ground. A successful breakthrough of the $0.00002200 resistance level could lead to further gains, with the potential to revisit the $0.00003000 high in the coming weeks.
How To Buy Lucky Block
Note: Learn2.trade is not a financial advisor. Do your research before investing your funds in any financial asset, product, or event. We are not responsible for your investment results.
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