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Lucky Block Price Forecast – September 24
The Lucky Block price forecast suggests that despite the recent consolidation, the market holds strong potential for a bullish rally.
LBLOCKUSD Long Term Trend: Bullish (1-Day Chart)
Key Levels
Support Levels: $0.00001860, $0.00001710
Resistance Levels: $0.00002140, $0.00002260
Lucky Block has spent much of the month in a consolidation phase, with buyers consistently demonstrating a desire to push higher. The market has successfully stayed above the key $0.00002000 level, signaling that bullish momentum could emerge if buyers maintain control. This level is pivotal, as holding it firmly could trigger a broader upward movement.
Lucky Block Price Forecast: LBLOCKUSD Outlook
The ongoing consolidation offers buyers a chance to expand, especially as they work to secure a position above the $0.00002000 mark. The Relative Strength Index (RSI) indicates early signs of a rise, suggesting potential for increased bullish activity.
However, the Momentum indicator has yet to show a strong acceleration, indicating that buyers need to push harder to establish their dominance. Sellers have tried to drive the market lower but have encountered resistance from buyers determined to hold their ground.
If strong volatility enters the market, it could provide the necessary boost for the bulls to advance further. The next steps for buyers are clear: maintain control above the $0.00002000 area and aim for a breakout. A successful move could lead to a surge in momentum.
Lucky Block Medium Term Trend: Bullish (4-Hour Chart)
In the shorter term, the bullish movement remains intact, though momentum has slowed somewhat. The crypto market is still attempting to break out of its consolidation phase, and while the Stochastic and Momentum indicators have not yet shown a decisive bullish push, the potential for upward movement remains strong.
Buyers need to gain more confidence and decisively push past the $0.00002000 key level. If they succeed, higher price targets above $0.00002170 could come into view. For now, traders should remain cautious, as the market awaits clearer signals from key technical indicators and crypto signals.
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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