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Lucky Block Price Forecast – October 2
The Lucky Block price forecast indicates that buyers are looking for a new entry point after a pullback to the critical $0.00002320 level.
LBLOCKUSD Long Term Trend: Bullish (1-Day Chart)
Key Levels
Support Levels: $0.00002320, $0.00002000
Resistance Levels: $0.00003000, $0.00003250
After previously rallying to the significant $0.00003000 level, Lucky Block saw a recent drop, providing buyers with an opportunity to regroup. The pullback to $0.00002320 could act as a reset, allowing buyers to build momentum for a fresh attempt to push toward the $0.00003000 resistance zone.
Lucky Block Price Forecast: LBLOCKUSD Outlook
The Moving Average crossing indicator shows that the averages remain spread below the trading area, suggesting there is still room for LBLOCK buyers to regain control. Although momentum has weakened since sellers entered the market, buyers remain poised to push the price higher.
A recovery from the $0.00002320 area could signal the beginning of a move back toward the key resistance level at $0.00003000. If buyers manage to establish support at this level, it could trigger a renewed bullish push.
While the Momentum indicator has shown signs of weakness, it is starting to recover. Additionally, the Moving Average crossing is on the verge of aligning with buyer activity. If this alignment takes place, it will bolster the buyers’ position, allowing them to capitalize on the current market dip.
Lucky Block Medium Term Trend: Bullish (4-Hour Chart)
On the shorter timeframe, the bears have briefly taken control, pushing the price downward. However, buyers are already preparing for a potential recovery. As the Momentum indicator strengthens and the Moving Average crossing aligns, buyers are expected to regain strength.
A breakout above the $0.00002320 support level will be critical for buyers to reestablish control. If momentum continues to build, a renewed push toward the $0.00003000 resistance zone is likely in the short term, with crypto signals possibly providing additional insights.
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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