Lucky Block Price Forecast: LBLOCKUSD Buyers Aim for Recovery Amid Minor Pullback

Lucky Block Price Forecast – November 8

The Lucky Block price forecast indicates that buyers are positioning themselves to make a comeback in the market.

LBLOCKUSD Long-Term Trend: Bullish (Daily Chart)

Support Levels: $0.00001730, $0.00002150
Resistance Levels: $0.00002400, $0.00002600
The LBLOCKUSD crypto price is experiencing a minor pullback as it reacts near the critical $0.00002190 level. After a steady bullish run in recent days, the cryptocurrency has shown signs of temporary slowdown around this significant area. Recovering from the $0.00001730 support zone, Lucky Block has solidified its bullish stance. However, as the price nears the $0.00002400 resistance level, sellers are attempting to step in, creating short-term pressure on buyers.

Lucky Block Price Forecast – LBLOCKUSD Outlook

In the recent bullish run, the price has rebounded from the $0.00001730 support level, moving toward the key $0.00002400 resistance. As sellers approach this area, a slight correction has brought the price down to test the $0.00002150 zone, where buyers are anticipated to regroup and aim to revive bullish momentum. This level could serve as a crucial point for a potential rebound, with traders closely watching for a continuation of the upward trend.

The Momentum indicator reflects a slight dip, suggesting that buyers may be temporarily losing strength. However, the Moving Average Convergence Divergence (MACD) remains positive, signaling that the overall market trend remains bullish. This divergence between the Momentum indicator and MACD suggests a possible short-term correction before a renewed push higher.

With the current pullback testing key support at $0.00002150, buyers may find an opportunity to reinforce their position and push the price back toward the $0.00002400 resistance level. If buyers can maintain their momentum and overcome this temporary dip, Lucky Block is likely to resume its upward trend, potentially reaching higher resistance levels like $0.00002600 in the near term.

Lucky Block Medium Term Trend: Bullish (4-hour Chart)

On the 4-hour chart, sellers are attempting to capitalize on the brief slip in momentum, but the price of LBLOCKUSD remains stable, with buyers showing confidence in regaining control.
The MACD continues to give a positive signal, supporting the expectation of a potential bullish revival as market strength returns. Traders looking for reliable forex signals should monitor these levels for indications of a sustained bullish move.

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.