Lucky Block Price Forecast – LBLOCKUSD Buyers Poised For A Reversal Amid Sell

Lucky Block Price Forecast – December 12

Lucky Block price forecast suggests that buyers are gearing up to recover from the ongoing bearish drift.

Lucky Block Long-Term Trend: Bullish

Support Levels: $0.00001740, $0.00001540
Resistance Levels: $0.00002150, $0.00002500
Lucky Block buyers are showing early signs of preparing to counteract the prevailing selling momentum as the market consolidates around the $0.00001740 level. Following a pause in bullish activity, sellers have regained partial control, pushing the price lower.

Lucky Block Price Forecast – LBLOCKUSD Outlook

This scenario could set the stage for buyers to inspire a reversal as they aim to re-establish dominance. At present, sellers are in control, driving Lucky Block toward the $0.00001740 support zone. While buyers previously initiated a rally, they were unable to break above the key $0.00002500 resistance level, leading to the current retracement.

The bearish momentum, however, appears to be weakening, creating room for a potential bullish rebound. The MACD on the daily chart reflects bearish sentiment, with the signal line moving downward and tight histogram bars indicating reduced momentum. This suggests sellers remain active, but buyers could soon re-enter the market.

The Moving Average crossing indicator confirms a bearish sentiment with its downward direction. A potential reversal could be signaled if buyers manage to reclaim higher levels and invalidate the bearish crossover.

Lucky Block Medium-Term Trend: Bearish (4-Hour Chart)

On shorter timeframes, the MACD continues to reflect bearish sentiment, with sellers maintaining dominance. However, buyers are beginning to show capped recovery attempts, indicating a possible turning point.
If buyers successfully defend the $0.00001740 support level, a renewed bullish push could target the $0.00002150 resistance zone as the next key level. A breach below $0.00001740, however, might lead to a deeper retracement toward $0.00001540, where stronger buyer activity is likely to occur. With crypto signals hinting at an imminent shift, traders should closely watch these levels.

How To Buy Lucky Block

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