LBLOCKUSD Poised for Rebound After Brief Correction

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LBLOCK/USDT Price Forecast – July 29th

Lucky Block (LBLOCKUSD) price forecast indicates buyers are setting up for a potential upside move after a brief correction.

Lucky Block Key Levels

Support Levels: $0.00001920
Resistance Levels: $0.00003850, $0.00006610

Lucky Block Long-Term Trend: Bullish (Daily Chart)

The Lucky Block market is currently consolidating at its recent lows, setting up a potential rebound opportunity. A brief correction has given way to a buying opportunity, with buyers poised to take control of the price action. Technical indicators suggest the overarching trend is poised for an upside move.

Lucky Block Price Forecast – LBLOCKUSD Outlook

The daily chart for LBLOCK/USDT shows a promising shift in market sentiment. The brief correction below the key support level of $0.00003840 has set up a potential buying opportunity.

Currently trading at $0.00003650, the asset is positioned for an upside move. The former resistance level at $0.00003840 is expected to act as the first line of support for any further corrections.

With the setup confirmed, buyers are poised to target higher resistance levels, with the next major zone being $0.00006610. The Relative Strength Index (RSI), at 39.72, is nearing a potential reversal, indicating that bullish momentum is building. The Percentage Price Oscillator (PPO) is poised for a crossover, confirming that the trend is turning bullish.

Lucky Block Short-Term Trend: Bullish (4-Hour Chart)

The 4-hour chart provides a detailed view of the price action following the correction. After the brief decline, the price has entered a tight consolidation phase near its recent lows. Trading at $0.00003649, LBLOCK is showing a pause in the downtrend as the market digests the recent move. Buyers are poised to take control of the short-term trend, with a potential upside move on the horizon. The previous resistance floor around $0.00003840 is now the key support level that buyers will likely defend.

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How To Buy Lucky Block

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