Lucky Block Price Forecast: LBLOCKUSD Buyers Attempt to Regain Momentum Amid Sideways Trade

Lucky Block Price Forecast – July 8th

The Lucky Block price forecast shows buyers are trying to shift the price back towards the $0.00001950 level, but sell-side pressure has been keeping them at bay.

LBLOCKUSD Long Term Trend: Bearish (1-Day Chart)
Key Levels

Support Levels: $0.000019500, $0.00004200
Resistance Levels: $0.00001980, $0.00002520
Lucky Block has been trading in a sideways range. Buyers are attempting to regain their focus and shift the price back towards the $0.00001950 significant level. However, persistent sell-side sentiment has been keeping buyers at bay, making it challenging for them to make significant progress.

Lucky Block Price Forecast: LBLOCKUSD Outlook

Despite buyers’ efforts, sellers have managed to limit buy orders, making it difficult for buyers to gain a foothold in the market, as seen on trading platforms. Buyers have been building strength ever since the price fell to the $0.00001390 key area. However, it has been a tough battle, considering sellers have been dominant since May.

Buyers remain inclined to push the price higher, but sellers may want to hold back for a while. As the Moving Average Crossing is already closing its gap on trading platforms, it may soon signal a crossover, providing an opportunity for buyers to pull the price back up.

The Momentum indicator is slanting lower, suggesting sellers may soon lose some of their steam.

LBLOCKUSD Medium Term: Bullish (4-hour Chart)

In the shorter time frame, the market is a battlefield, and buyers are showing more interest. Traders should anticipate a rise in the Momentum indicator.
This could be a positive sign for buyers. Additionally, a crossover from the Moving Average Crossing has already been observed as the price struggle continues. Utilizing crypto signals can provide further insights and strategies for navigating this volatile market environment.

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.

[xyz-ihs snippet="Markets"]