Lucky Block Price Forecast: LBLOCKUSD Searches for Breakout Amid Consolidation Phase

Lucky Block Price Forecast – September 4th

The Lucky Block price forecast shows that the crypto is consolidating within a tight range, with both buyers and sellers locked in a struggle for dominance.

LBLOCKUSD Long-Term Trend: Bullish (1-Day Chart)
Key Levels

Support Levels: $0.00001340, $0.00001430
Resistance Levels: $0.00002160, $0.00002120
The Lucky Block market has been in a quiet phase for several days, trading around the $0.00001800 level. Over the past few weeks, buyers have managed to hold their ground, keeping the price from declining further.

Lucky Block Price Forecast: LBLOCKUSD Outlook

The Lucky Block price started its upward journey a few weeks ago, rising from the $0.00001450 level. Bulls pushed the price as high as $0.00002300 in August. However, the market has since entered a consolidation phase, fluctuating between the $0.00002040 and $0.00001720 levels. This tug of war between buyers and sellers has kept volatility low, with no clear breakout in sight.

The Stochastic Oscillator has previously shown strong buyer momentum, but a recent crossover indicates a growing presence of sellers in the market. However, the Money Flow Index suggests that buying pressure still has potential. If buyers can capitalize on a rise in both the Stochastic Oscillator and the Money Flow Index, they may be able to push the price above the $0.00002040 resistance level, breaking out of the current consolidation.

Lucky Block Medium-Term Trend: Bearish (4-Day Chart)

On the shorter time frame, buyers are still making attempts to push the price higher, but consolidation persists.
A rise in the Stochastic Oscillator and the Money Flow Index signals the possibility of a breakout. Bulls will need to seize this opportunity to push the Lucky Block price beyond the consolidation range, as indicated by recent crypto signals, and resume the upward trend.

How To Buy Lucky Block

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