Lucky Block Price Forecast: LBLOCKUSD Holds Key $0.0001700 Level as Buyers Look to Regain Confidence

Azeez Mustapha

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Lucky Block Price Forecast: June 19th

The Lucky Block price forecast shows buyers stalling at the $0.0001700 support level as market sentiment remains bearish. Traders are watching for a potential buyer resurgence to change the tide.

LBLOCKUSD Long Term Trend: Bearish (1-Day Chart)
Key Levels
Support Levels: $0.000039340, $0.00004900
Resistance Levels: $0.00002530, $0.00001830Lucky Block Price Forecast: LBLOCKUSD Holds Key $0.0001700 Level as Buyers Look to Regain ConfidenceLucky Block has found itself stalling at the crucial $0.0001700 level as broader market sentiment remains bearish. While the crypto market has extended lower, with some traders taking profits along the way, buyers in Lucky Block appear to be finding their way back, attempting to regain lost ground.


Lucky Block Price Forecast: LBLOCKUSD Outlook
Last week, Lucky Block buyers attempted to push back to the $0.00002530 price level, but the price quickly dropped. This gave sellers a slight advantage in the market. Bears are currently pulling the price back towards the $0.0001700 support zone, which could be an area for buyers to regain their strength.

For bulls to gain a solid advantage, they will need to build more pressure. With the help of additional trading investors and utilizing the best crypto signals, a smooth flow of bullish liquidity is expected.

Following the buyers’ previous loss, the Momentum indicator has experienced a sharp decline, while the Stochastic Oscillator has been pushed into oversold territory. This combination of technical signals suggests that buyers may be well-positioned to find the next opportunity to reclaim their footing in the market.

LBLOCKUSD Medium Term Trend: Bearish (4-hour chart)
On shorter time frames, sellers still seem to maintain control of Lucky Block price action. However, this may not last long, as the decline in the Momentum indicator could make it easier for buyers to penetrate the market. The Stochastic Oscillator remains in the oversold area, indicating that bearish pressure may continue in the near term.
Lucky Block Price Forecast: LBLOCKUSD Holds Key $0.0001700 Level as Buyers Look to Regain ConfidenceDespite the current bearish sentiment, the $0.0001700 level remains a key support zone for Lucky Block. Traders will closely monitor this level to see if buyers can successfully defend it and potentially initiate a rebound. A successful defense of this support could pave the way for buyers to regain their confidence.

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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Azeez Mustapha

Azeez Mustapha is a trading professional, currency analyst, signals strategist, and funds manager with over ten years of experience within the financial field. As a blogger and finance author, he helps investors understand complex financial concepts, improve their investing skills, and learn how to manage their money.

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