Lucky Block Price Forecast – LBLOCKUSD Trends Towards $0.00001000 Key Level as Buyers Prepare for Potential Recovery

Lucky Block price forecast is currently witnessing a shift in momentum as the market trends towards the $0.00001000 key level.

Support Levels: $0.00001000, $0.00001250

Resistance Levels: $0.00004000, $0.00003100

Lucky Block Long Term Trend: Bearish

Since the start of the year, Lucky Block has been subjected to market consolidation. In February, buyers attempted to break through and achieved a liquidity spike, reaching the significant $0.00004000 level.

However, as the consolidation phase resumed, the market has opened doors for sellers. Their intention is  to push prices down towards the $0.00001000 market zone. The daily chart indicates a slip in momentum, but there are signs that a steady rise could put buyers at an advantage.

The MACD (Moving Average Convergence Divergence) continues to show a downward trend. It reflect the ongoing struggle for buyers to regain strength. Despite the current challenges, buyers are planning to rekindle their strength.

If a lift from the consolidation phase is observed, it could signal a strong reversal in momentum. The upward movement of the Momentum indicator serves as a positive testament to potential bullish strength.

In the short term, buyers should remain aware of the potential for a reverse. Once signs of recovery from the current consolidation are evident, it may lead to a significant upward movement. Traders should monitor the market closely for any indications that buyers are regaining control, which could result in a strong bullish push.

How To Buy Lucky Block

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