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Lucky Block Price Forecast: June 28
The Lucky Block price forecast shows traders in a range as buyers and sellers battle for control, with buyers showing increased efforts to initiate a price reversal.
LBLOCK/USD Long-Term Trend: Bearish (1-Day Chart)
Key Levels:
Supply Zones: $0.00003520, $0.00004620
Demand Zones: $0.00003910, $0.00001470
LBLOCKUSD has been in a range-bound battle between buyers and sellers, with buyers maintaining an optimistic outlook. The importance of the crypto market indicates that buyers are committed to pursuing a reversal in the LBLOCKUSD pair.
Lucky Block Price Forecast: LBLOCKUSD Outlook
Lucky Block has been consolidating between the key levels of $0.00001930 and $0.00001470, with buyers making significant efforts to break out of this range. However, sellers are also trying to offload their holdings, creating market indecision.
Buyers have been striving to maintain their position after the market penetrated the significant area of $0.00001930 last week. The Bollinger Bands indicate price compression, which may present an opportunity for breakouts.
If buyers can act swiftly, Lucky Block may eventually see a reversal. The Momentum indicator continues to show a bullish trend, giving buyers an advantage over sellers on the daily chart.
LBLOCKUSD Medium Term Trend: Bullish (4-hour Chart)
In the short term, the market remains in consolidation, with buyers seeking to strengthen their position. There is potential for a breakout as buyers head towards the important zone of $0.00001930, with the Momentum indicator still showing strong activity.
With the current compression in the Bollinger Bands, a breakout is anticipated soon, which could lead to a bullish outcome. Crypto signals suggest traders should watch for potential opportunities in this consolidation phase.
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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