Lucky Block Price Forecast - LBLOCKUSD Sellers Face Rejection
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Lucky Block Price Forecast – LBLOCKUSD Sellers Face Rejection Amid Momentum Decline

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Azeez Mustapha

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Lucky Block Price Forecast – December 23rd

The Lucky Block price forecast indicates that sellers are facing rejection at the $0.00001400 support level, with momentum beginning to shift in favor of buyers.


Lucky Block Long Term Trend: Bearish (Daily Chart)
Key Levels

Support Levels: $0.00001400, $0.00001250
Resistance Levels: $0.00001800, $0.00002500
Lucky Block Price Forecast - LBLOCKUSD Sellers Face Rejection Amid Momentum Decline
Sellers have dominated the Lucky Block market since buyers were stopped at the $0.00002500 resistance level earlier this month. Despite the persistence of the bearish trend, the $0.00001400 support level has proven resilient, rejecting further downward pressure from sellers.


Lucky Block Price Forecast – LBLOCKUSD Outlook

The Momentum indicator is beginning to show signs of recovery, suggesting that buyers may be preparing for a bounce-back. Additionally, the Stochastic Oscillator indicates that sellers are retreating, which could create an opportunity for buyers to gain momentum in the market.

The rejection at the $0.00001400 level provides buyers with an opportunity to gather strength and push the market higher. If buyers capitalize on this, the price could rally toward the $0.00001800 resistance level.

Breaking above this resistance zone could lead to further testing of the $0.00002500 key level. However, buyers will need to overcome the lingering influence of sellers and maintain consistent upward pressure to trigger a full reversal.


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

On the 4-hour chart, sellers have held the market’s control recently, but buyers are beginning to make a comeback. The Momentum indicator is responding to this shift, showing early signs of recovery. However, the Stochastic Oscillator still reflects some influence from sellers, which may delay a complete bullish breakout.
Lucky Block Price Forecast - LBLOCKUSD Sellers Face Rejection Amid Momentum Decline
If buyers can sustain their momentum, Lucky Block could climb toward $0.00001600 in the medium term. However, if they fail to gain traction, the price may retest the $0.00001400 support level before another recovery attempt. In such cases, following crypto signals may help traders anticipate the next move based on market trends and technical indicators.

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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