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Lucky Block Price Forecast – Date: January 20th
Lucky Block price forecast reveals buyers are gaining momentum, aiming to breach the $0.00001690 resistance level as they continue their push toward market expansion.
Lucky Block Long Term Trend: Bullish (Daily Chart) Key Levels
Support Levels: $0.00001550, $0.00001410,
Resistance Levels: $0.00001660, $0.00001880
Lucky Block buyers have shown resilience, keeping the price above the $0.00001550 support level and preventing further seller dominance. The bulls are steadily building strength, with their next focus being a breakout above the $0.00001690 resistance level. If successful, the market could rally toward $0.00001880.
Lucky Block Price Forecast – LBLOCKUSD Outlook
The Stochastic Oscillator indicates strong bullish momentum, with its consistent upward movement signalling growing buyer confidence. Meanwhile, the Parabolic SAR (Stop and Reverse) indicator has maintained its bullish course, confirming continued buyer control.
If buyers sustain their momentum and successfully cross the $0.00001690 resistance level, a move toward $0.00001880 is highly likely. This would signal a significant shift in market sentiment and establish the bulls’ dominance.
However, if resistance at $0.00001690 holds, the market may consolidate near $0.00001600, allowing buyers to regroup before attempting another breakout. With the rate of momentum, traders should closely watch the Parabolic SAR for confirmation of direction and the Stochastic Oscillator for signs of continued pressure.
Lucky Block Medium Term Trend: Bullish Building (4-hour Chart)
On the 4-hour chart, buyers are maintaining upward pressure, with the Stochastic Oscillator continuing its rise and reflecting strong buying activity. The Parabolic SAR also aligns with the bullish trend, further supporting the case for an upward breakout.
If buyers break past $0.00001690, the next target in the medium term is $0.00001750, with the potential for further expansion toward $0.00001800. A failure to sustain momentum may lead to temporary consolidation near $0.00001650 before another upward attempt.
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