Lucky Block Price Forecast - LBLOCKUSD Sets Rally Stage

Lucky Block Price Forecast – LBLOCKUSD Sets Stage For A New Rally Amid Seller Weakness

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Azeez Mustapha

Updated: 5 December 2024

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Lucky Block Price Forecast – December 3rd

Lucky Block price forecast indicates that buyers are preparing for a strong recovery this month.

Lucky Block Long Term Trend Bullish (Daily Chart)
Key Levels

Support Levels: $0.00001600, $0.00001450
Resistance Levels: $0.00001730, $0.00001800
Lucky Block Price Forecast - LBLOCKUSD Sets Stage for a New Rally Amid Seller Weakness Lucky Block is poised for a potential rebound as buyers consolidate their strength despite recent selling pressure. After reaching the significant $0.00001730 level, the market has seen fierce competition between buyers and sellers. The ongoing retracement has brought the price closer to the critical support zone at $0.00001600, where buyers appear ready to regain control.

Lucky Block Price Forecast – LBLOCKUSD

The market has entered a consolidation phase following rejection at $0.00001800. This pause signals a potential accumulation phase as buyers gradually build positions. The $0.00001600 zone represents a bullish order block, indicating institutional interest in previous upward movements.

Sellers’ inability to push below this support level reveals weakness, paving the way for a possible reversal. If buyers can gather enough momentum, a breakout above $0.00001730 could target liquidity beyond $0.00001800, igniting renewed bullish momentum.

The Momentum indicator hovers near the midline, reflecting a neutral stance but hinting at the potential for a sharp breakout once buyers regain control. The Parabolic SAR remains below the price, reinforcing the bullish outlook despite short-term corrections.

Lucky Block Medium Term Trend (4-Hour Chart)

On the 4-hour chart, buyers remain cautious but are holding their ground near the $0.00001600 support zone. This area aligns with a discounted level within the bullish order block, attracting new buying interest.
The price is consolidating around $0.00001600, suggesting a buildup of buy-side liquidity. A decisive move above $0.00001730 could spark a rally toward $0.00001800 and beyond. With crypto signals indicating potential momentum shifts, a breakout may soon materialize.

How To Buy Lucky Block

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