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Lucky Block Price Forecast – July 1
The Lucky Block price forecast shows buyers refusing to back down as the cryptocurrency faces a deadlock.
LBLOCKUSD Long-Term Trend: Bearish (1-Day Chart)
Key Levels
Support Levels: $0.000019610, $0.000030040
Resistance Levels: $0.000014840, $0.000025970
Lucky Block has been in a state of consolidation, but the buyers have refused to be laid back, fiercely fighting to regain control of the market. The $0.000014840 significant level has been a strong resistance for the buyers to overcome, with the sellers attempting to maintain their dominance.
Lucky Block Price Forecast: LBLOCKUSD Outlook
Despite the overall crypto market consolidation, the buyers have had the upper hand in the past week. However, a few weeks ago, the sell-side traders were triumphantly pulling the price lower until it hit the $0.000014840 market zone.
Recently, the buyers led a breakout out of the consolidation, pushing the price to the $0.000019600 level. As the intensity of the buying pressure grew stronger, the buyers were able to propel the price forward until the buying momentum started to diminish.
After their recent rally, the buyers were unable to break through the $0.0000250000 key level. However, the bulls are now re-emerging, and if the buyers can regain their strength, they might be able to push the price above the $0.000019600 level. The Momentum indicator is on the move, and a rise is expected from the Stochastic Oscillator indicator as well.
LBLOCKUSD Medium-Term Trend: Bullish (4-Hour Chart)
In the short-term timeframe, the buyers continue to put up a fight, with the Momentum indicator slightly gaining ground despite the market consolidation.
The buyers are yet to confirm a move with the Stochastic Oscillator in the short-term timeframe, but their relentless efforts suggest they are not willing to give up easily. If the buyers can capitalize on the positive signals from the technical indicators, they may be able to break the current deadlock and push the LBLOCKUSD to higher levels.
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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