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Lucky Block Price Forecast – October 17th
The Lucky Block price forecast shows that buyers are reasserting their position, aiming to push the price back to the $0.00002190 resistance level.
LBLOCKUSD Long-Term Trend: Bullish (Daily Chart)
Key Levels
Support Levels: $0.00001990, $0.00001800
Resistance Levels: $0.00002190, $0.00002500, $0.00003000
October has been challenging, with sellers initially gaining ground, but buyers are now staging a comeback to regain market control. Earlier this month, the price action favored sellers, pulling Lucky Block down to the $0.00001990 level.
Lucky Block Price Forecast: LBLOCKUSD Outlook
However, buyers are regrouping and building momentum again. After being tested at $0.00003000, they now aim for a strong rebound, targeting a break above $0.00002190 as a sign of recovery.
The RSI (Relative Strength Index) is hovering near the mid-range, indicating that buyers need more momentum to establish a bullish stance. Meanwhile, the MACD (Moving Average Convergence Divergence) indicator remains in positive territory, suggesting that buyer strength persists despite recent downward pressure.
The focus around the $0.00001990 level could establish a crucial support base if buyers succeed in breaking through the $0.00002190 level. This would signal a potential recovery trend and might attract more buyer interest. Traders should watch for a confirmed breakout on both the MACD and RSI, as this would likely lead to a more extended bullish phase, providing important crypto signals for market participants.
LBLOCKUSD Medium-Term Trend: Building Bullish Momentum (4-Hour Chart)
On the short-term chart, buyers are showing renewed confidence, with both the MACD and RSI indicators signaling the potential for an upward move. The indicators’ positions suggest that any confirmed breakout could drive a stronger bullish rally.
The market still faces resistance, but Lucky Block buyers are laying the groundwork for a rebound. If buyers successfully break through $0.00002190, this could mark the beginning of a more sustained upward movement.
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How To Buy Lucky Block
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