Lucky Block Price Forecast – LBLOCKUSD Faces Selling Pressure Below $0.0001250 as Buyers Eye Recovery Opportunities

Lucky Block price forecast shows the market has faced a significant pullback as sellers have penetrated the market.

Support Levels: $0.00001010, $0.00001250, 0.000013500

Resistance Levels: $0.00001880, $0.0001250, $0.00001400

After showing some recovery efforts, LBLOCK has fallen quiet as sellers have aggressively entered the market, particularly since late February. This was around the time when buyers first attempted to break through the $0.00001880 market level. However, as sellers took control, the price began to decline.

Currently, with the breach of the $0.00001250 significant level, buyers may be looking to capitalize on lower prices. They are potentially aiming to buy around the $0.00001010 key level.

The Momentum streak remains weak, as indicated by the Parabolic SAR (Stop and Reverse) indicator, which has yet to show strong reversal signals. Additionally, the MACD (Moving Average Convergence Divergence) confirms that sellers are currently holding the upper hand.

On the daily time frame, there is potential for Lucky Block to make an aggressive push in the coming days, which may eventually favour buyers. Traders should watch for signs of strength as the Parabolic SAR begins to recover.

In the short term, buyers should anticipate a strong move as the market conditions evolve. If the Parabolic SAR indicator begins to show signs of recovery, it could signal a potential shift in momentum, allowing buyers to re-enter the market and push for 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.