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Lucky Block Price Forecast – August 22
The Lucky Block price forecast indicates that buyers are expected to continue their solid bullish defense.
LBLOCKUSD Long-Term Trend: Bullish (1-Day Chart)
Key Levels
Support Levels: $0.00001310, $0.00001430
Resistance Levels: $0.00002560, $0.00002130
The LBLOCKUSD market is witnessing a resurgence in buyer activity, with bulls maintaining a solid defense and aiming for further expansion. After retreating from the $0.00001950 market area, buyers are back in pursuit, demonstrating their strong commitment to driving the price higher.
Lucky Block Price Forecast: LBLOCKUSD Outlook
Despite attempts by sellers to hinder the bullish expansion, buyers have been steadily strengthening their position over recent weeks. The extended period of consolidation allowed them to build confidence, even after the Lucky Block price lost some momentum.
The price dipped to the $0.00001960 market area, but buyers have consistently regrouped, particularly after retesting the $0.00001470 significant level. Their increasing momentum suggests a strong intention to push through resistance levels.
The MACD (Moving Average Convergence and Divergence) and Momentum indicators reflect these strong efforts, showing that buyers remain on track despite any temporary slowdowns.
Lucky Block Medium-Term Trend: Bullish (4-Hour Chart)
In the short term, bulls are striving for a breakthrough in price. As bullish momentum grows, it is likely that buyers will continue to dominate. Both the Momentum Indicator and MACD suggest that bullish sentiment remains strong in the market, indicating potential for further expansion.
If buyers overcome resistance levels, a sustained rally could occur, potentially leading to new highs. While minor corrections may cause temporary setbacks, buyers are expected to regain momentum quickly, as crypto signals continue to support the bullish outlook.
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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