Lucky Block Price Forecast – LBLOCKUSD Finds Support at $0.00001230 as Buyers Look to Recover

Lucky Block price forecast is currently taking a breather at the significant level of $0.00001230.

Support Level: $0.00001230, $0.00001270, $0.00001240

Resistance Level: $0.00001690, $0.00001700 $0.00001500

Buyers are attempting to regain strength after experiencing a depletion of momentum. However, the battle between bulls and bears continues to shape market dynamics. This week, buyers initially made an attempt to breach the $0.00001690 market level. Not long after, they faced resistance as sellers stepped in to push prices lower.

The ongoing consolidation in the market reflects the uncertainty. Currently traders on both sides are exchanging orders, looking for favourable conditions to make their move. From the daily chart, the Momentum indicator suggests a potential need for growth, indicating that buyers may soon find the opportunity to rally.

However, the MACD (Moving Average Convergence Divergence) indicator reveals that sellers are still exerting pressure and are more likely to continue pushing prices downward.

On the daily time frame, buyers appear to be gearing up for a potential expansion, showing signs of forming a base at the current support level. While the consolidation phase may delay a strong recovery, the Momentum indicator indicates that a solid move could be on the horizon.

In the near term, LBLOCK has the potential for recovery, although it may take time due to the recent price consolidation. As buyers look to establish a stronger position, key resistance levels must be monitored closely. If buyers can successfully overcome the $0.00001690 level, it could signal a more substantial upward movement.

How To Buy Lucky Block

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