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Lucky Block Price Forecast – October 3
The Lucky Block price forecast reveals that buyers are striving to regain control as the crypto price dips below the $0.00002270 key level.
LBLOCKUSD Long Term Trend: Bullish (1-Day Chart)
Key Levels
Support Levels: $0.00002100, $0.00002270
Resistance Levels: $0.00003000, $0.00003300
Lucky Block had previously demonstrated strong bullish momentum, with the price surging to the significant $0.00003000 level. This market expansion was supported by increased liquidity and a breakout above the upper Bollinger Band. However, in recent days, market dynamics have shifted, allowing sellers to take control and drive the price lower.
Lucky Block Price Forecast: LBLOCKUSD Outlook
Despite the current sell-off, bulls remain optimistic about a reversal. Buyers are targeting a potential new entry point near the middle of the Bollinger Band, which could serve as support and potentially prevent further selling. This level is seen as crucial for a market rebound.
The Momentum indicator reflects a decline due to the entrance of sellers, but buyers still hold hope for regaining control. A rebound at the middle of the Bollinger Band could provide buyers with the support necessary to intensify their efforts and attempt a reversal.
If momentum increases, it would present an ideal opportunity for buyers to strengthen their positions and drive the price back toward the $0.00003000 resistance level. The Bollinger Band indicates significant volatility, suggesting that the market conditions are still favorable for a potential resurgence, supported by crypto signals.
Lucky Block Medium Term Trend: Bullish (4-Hour Chart)
In the shorter time frame, sellers have shown dominance, pushing the price below $0.00002270. Nevertheless, bulls remain optimistic that the current selling pressure is temporary. While the Momentum indicator is currently weakened, it is expected to rise soon, signaling the possibility of a reversal.
LBLOCK buyers are closely monitoring the middle of the Bollinger Band, as this could act as a launching point for a recovery. If market strength returns, buyers may attempt another push toward breaking the $0.00003000 resistance zone.
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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