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Lucky Block Price Forecast: July 7th
The Lucky Block price forecast shows the crypto has been trading in consolidation, with buyers showing determination to push the price back towards the $0.00001980 key zone.
LBLOCKUSD Long-Term Trend: Bearish (1-Day Chart)
Key Levels
Support Levels: $0.00001950, $0.00004200
Resistance Levels: $0.00001980, $0.00002520
Despite the overall bearish trend that has been in motion since May, the buyers of LBLOCKUSD have remained determined to make a solid comeback. The LBLOCKUSD token has been trading around the $0.00001380 significant level, a key support area that buyers have been defending. However, the buyers’ grip on the market has somewhat slowed down, indicating a temporary loss of momentum.
Lucky Block Price Forecast: LBLOCKUSD Outlook
Nevertheless, buyers are still willing to make another push to regain their footing and drive the price higher. The sell-side traders have been active since May, taking advantage of the bearish trend that has seen the price fall from the $0.00003280 level.
At the moment, buyers are still in the game, and they have the opportunity to fight their way back towards the $0.00001980 important zone. This could potentially give them the platform they need to reemerge and reclaim their position in the market.
The Momentum indicator is currently neutral, not providing a clear directional signal. The Moving Average Convergence and Divergence (MACD) is still spreading below the 0.00 level, suggesting a bearish bias.
LBLOCKUSD Medium Term: Bullish (4-Hour Chart)
However, in the shorter time frames, the market is showing signs of accumulation, and buyers are actively fighting to regain control. If the momentum picks up in their favor, it could present a window of opportunity for the buyers to make a strong comeback.
The key for the buyers will be to get the MACD to confirm a solid breakthrough. This would provide them with the necessary confidence and momentum to continue their fight and potentially push the price back towards the $0.00001980 resistance level. For those following the best crypto signals, these developments are crucial to monitor for timely trading decisions.
How To Buy Lucky Block
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