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LBLOCK/USDT – December 24th
Lucky Block price forecast is trading around 0.00001370 to 0.00001380, with price remaining stable inside an extremely tight range.
LBLOCK/USDT Market Levels
Support Zones: $0.00000711, $0.00001500 Resistance Zones: $0.00002154, $0.00005810
LBLOCKUSDT Long Term Trend – Bullish (Daily Chart)
After an extended corrective phase from earlier highs, the market has shifted into a calm, compressed state. Candles remain small, wicks are controlled, and momentum has slowed noticeably. Rather than signaling weakness, this type of price behavior often reflects balance and absorption, where selling pressure has largely been neutralized.
Lucky Block Price Forecast – LBLOCKUSDT Outlook
On the daily timeframe, LBLOCK continues to trade well below its higher supply zones, yet the structure has begun to stabilize meaningfully. While the broader trend has been corrective, the current behavior differs from prior declines. Instead of impulsive selloffs, price is now compressing and holding ground, suggesting that downside pressure has significantly weakened.
The 9 and 21 moving averages are flat and tightly grouped around price. This alignment typically appears during transition phases, where markets pause before resolving higher or lower. In many historical cases, similar conditions have preceded volatility expansion following prolonged drawdowns.
The daily PPO is hovering just below the zero line and continues to flatten. While not yet signaling aggressive upside momentum, it reflects a market that has stopped trending lower and is gradually rebuilding strength.
LBLOCK Short Term Trend – Neutral (4 Hour Chart)
On the 4 hour chart, Lucky Block continues to move sideways within a narrow band, repeatedly reverting toward its mean. While this may appear uneventful, it is consistent with accumulation-driven consolidation rather than distribution.
The moving averages remain intertwined, and price is respecting the range boundaries cleanly. The 4H PPO is flat near zero, matching the subdued momentum seen on candles. This alignment typically precedes expansion phases once participation increases, a development closely monitored alongside crypto signals.
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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