Lucky Block Price Forecast – LBLOCKUSD  Trails Back as Buyers Fight for Recovery

Lucky Block Price Forecast -April 1st

LBLOCKUSD Key Levels

Support Level: $0.00000960,$0.00000880
Resistance Level: $0.00001690  $0.00002580

Lucky Block Long Term Trend: Bullish (Daily chart)

The current price action indicates a lack of strong momentum, resulting in a period of consolidation. However, buyers are not completely ruled out and are preparing for a potential recovery.

Lucky Block Price Forecast – LBLOCKUSD Outlook

Despite the recent downturn, there is an expectation of bullish strength emerging from the market. Following this short sell-off, buyers may find their footing and propel prices back up towards the significant resistance level of $0.00001690.

The Momentum indicator has yet to provide a strong signal to pressure sellers out of the market, but the potential for a bullish shift remains. Additionally, the Stochastic Oscillator, which has been indicating a sell motion, may soon change direction, providing further support for buyers.

On the big picture, while bears have participated in the market, they lack the strength needed to push prices significantly lower. Buyers are positioning themselves for a rebound. This means that the Stochastic Oscillator could soon yield favourable conditions for a return of bullish momentum. If buyers can capitalise on the current market dynamics, there is a strong possibility of a rise back to the $0.00001690 significant level.

LBLOCKUSD  Medium-Term Trend: Bullish (4-hour chart)

The outlook for LBLOCK suggests that the market is ripe for a potential recovery. As buyers prepare to re-enter the market, the combination of the Momentum indicator and the Stochastic Oscillator may create conditions conducive to a bullish turnaround.

Traders should closely monitor these indicators for signs of an impending rebound. A successful push above the current resistance could signal the beginning of a new bullish phase for Lucky Block.

How To Buy Lucky Block

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