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Lucky Block Price Forecast – August 1
Lucky Block price forecast indicates that buyers are gearing up to regain strength for another expansion in the days to come.
LBLOCKUSD Long Term Trend: Bullish (1-Day Chart)
Key Levels
Support Levels: $0.00001920, $0.00001320
Resistance Levels: $0.00002340, $0.00002950
The LBLOCK cryptocurrency has seen a fierce tug-of-war in recent trading sessions. After a strong upward push that broke through the $0.00002100 zone, buyers have momentarily lost some ground. Lucky Block had been in the midst of a strong rally, with buyers showing determination to propel the price higher.
Lucky Block Price Forecast: LBLOCKUSD Outlook
This rally was evident as they successfully breached the $0.00001840 significant support level, a crucial technical obstacle, and continued their advance towards the $0.00002100 key zone.
However, buyers seem to be taking a breather, allowing sellers to regain some control. The Lucky Block price has retreated slightly, but buyers remain hopeful for a rebound from the $0.00001840 support level to resume their upward momentum.
The Relative Strength Index (RSI) has crossed back into the sellers’ territory, indicating increased selling pressure. This could be a short-term phenomenon, as the Parabolic SAR (Stop and Reverse) indicator has yet to signal a bearish shift.
Lucky Block Medium Term Trend: Bearish (4-hour chart)
Should the market buyers defend the $0.00001840 support level, it could provide a springboard to regain market control and push the price higher. A successful rebound from this key support area could reignite buyer enthusiasm and potentially propel the price towards the $0.00002100 resistance zone or even higher.
The Parabolic SAR and RSI still suggest overall bullish sentiment. If buyers can successfully defend the $0.00001840 support level, it could pave the way for a rebound. For those utilizing crypto signals, monitoring these key levels and indicators is crucial for making informed trading decisions.
How To Buy Lucky Block
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