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Lucky Block Price Forecast: August 6th
The Lucky Block price forecast shows that buyers have managed to overcome selling pressure and reclaim the $0.00001730 price level.
LBLOCKUSD Long Term Trend: Bullish (1-Day Chart)
Key Levels
Support Levels: $0.00001330, $0.00001560
Resistance Levels: $0.00002150, $0.00002100
The market has been tumultuous, but Lucky Block buyers have emerged as victors in their latest battle against sellers. After facing significant selling pressure, the buyers have risen to the challenge and managed to push the bears back.
Lucky Block Price Forecast: LBLOCKUSD Outlook
After showing confidence at the $0.00001180 key level, sellers faced rejection. The buyers have now seized the opportunity to reclaim lost ground. Last week, sellers attempted to pull back the price from the $0.00002100 key level. However, the buyers have managed to turn the tide in their favor.
The bears had gained strength, especially after breaching the $0.00001730 significant level. However, the buyers have now reclaimed this price level and are heading towards it once again.
The current atmosphere surrounding the Lucky Block price suggests that the bulls are getting stronger. The daily chart already paints a picture of bullish sentiment, transforming the previously bearish atmosphere. The Stochastic Oscillator indicates a shift towards a bullish direction. Additionally, the Momentum Indicator on the daily chart shows a rise, and the potential for further increases could give the buyers an edge for further expansion.
Lucky Block Medium Term Trend: Bullish (4-hour) Chart
On the shorter time frames, the bias is building strong confidence, as evident from the sudden rise in the candlestick, indicating a strong liquidity purge.
The Stochastic Oscillator and the Momentum Indicator on the short-term timeframe also depict a strong rise, further supporting the buyers’ newfound momentum. These developments are likely to generate positive crypto signals for the market.
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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