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Lucky Block Price Forecast: July 4th
The Lucky Block price forecast shows that buyers have been fighting to regain control as the market consolidates.
LBLOCKUSD Long-Term Trend Bearish (1-Day Chart)
Key Levels
Support Levels: $0.000019500, $0.000041000
Resistance Levels: $0.000014000, $0.00002500
Lucky Block has faced a rollercoaster ride in recent months, with buyers and sellers engaged in a fierce battle for control. However, the latest developments suggest that the buyers may be planning a strategic refuel to make a strong comeback. In the previous month, the sellers had a strong upper hand, pushing the price of Lucky Block down. But the buyers have remained focused and determined, refusing to back down.
Lucky Block Price Forecast: LBLOCKUSD Outlook
The $0.0000140 market area has become a crucial battleground, with the sellers struggling to push the price lower. Despite the setbacks, the bulls have remained resilient, and the crypto market as a whole has been demonstrating a consolidating pattern in recent days. The $0.000019500 significant level has been a key resistance point, holding the buyers off for a while. However, the buyers have managed to overcome this level not once but twice, indicating their growing strength.
Around the $0.000014000 market zone, the sell-side traders have been held back, with no deep penetration observed for weeks. This suggests that the buyers are regaining their footing and are poised to make a strong move.
The technical indicators are also pointing towards a potential shift in power. The Stochastic Oscillator needs to rise to confirm the buyers’ stance on the daily time frame. Additionally, a reversal on the Parabolic SAR Stop and Reverse indicator could provide a hint for buyers to place better entries.
LBLOCKUSD Medium Term: Bullish (4-hour Chart)
In the short-term time frame, the buyers are in refuel mode, trying to pick up the pace. With strong focus and determination, there is a possibility of a resurgence that could put the buyers back in the driver’s seat.
The Parabolic SAR and Stochastic indicators are leveling towards the buyers taking charge once again. Traders following the best crypto signals should keep an eye on these indicators for timely insights.
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How To Buy Lucky Block
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