LBLOCKUSD Set for a Rebound as Price Finds New Support
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Lucky Block Price Forecast – LBLOCKUSD Trend Set for a Massive Rebound as Price Finds New Support

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Azeez Mustapha

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LBLOCKUSD Price Forecast – July 31st

The Lucky Block price forecast reveals a prime opportunity for a significant rebound as the market seeks new support levels. After a period of consolidation, the Lucky Block is poised for a major upswing, driven by a shift in market sentiment.

Lucky Block Key Levels

Support Levels: $0.00003100, $0.00001960
Resistance Levels: $0.00004000, $0.00006610

Lucky Block Price Forecast - LBLOCKUSD Trend Set for a Massive Rebound as Price Finds New Support

Lucky Block Long-Term Trend: Bullish (Daily Chart)

The Lucky Block market has broken free from its recent consolidation range, setting the stage for a new leg up in the market. Although the price has dipped recently, this presents a buying opportunity as the market explores new support levels. Technical indicators suggest that a reversal is imminent, with buyers poised to take control.

Lucky Block Price Forecast – LBLOCKUSD Outlook

The daily chart for LBLOCK/USDT shows that the recent breakdown is a mere correction before a significant upswing. With the price currently trading at $0.00003486, the asset is on the cusp of a major rebound.

The previous support zone around $0.00004000 will now act as a launchpad for the next leg up. As long as the price holds above the current support level, the bullish outlook will remain intact, with buyers targeting the next resistance at $0.00006610.

The Parabolic SAR dots are positioned in a way that suggests a potential reversal, and the Relative Strength Index (RSI) at 37.60 is nearing oversold territory, indicating that a bounce is likely.

Lucky Block Price Forecast - LBLOCKUSD Trend Set for a Massive Rebound as Price Finds New Support

Lucky Block Short-Term Trend: Bullish (4-Hour Chart)

Buyers are set to take control of the short-term trend as the market finds support. Any dips will be considered buying opportunities as long as the price remains above key support levels. The short-term indicators confirm the potential for a bullish reversal. The Parabolic SAR dots are positioned in a way that suggests a potential flip, and the RSI at 43.63 is poised for a move upwards, indicating that the underlying momentum is shifting in favor of the bulls.

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How To Buy Lucky Block

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