Lucky Block Price Forecast- LBLOCKUSDT Recovery Continues as Bulls Take Control

LBLOCK/USDT Price Forecast – August 13

LBLOCKUSDT price forecast shows strong rally from the lows has established a new short-term uptrend, but overbought conditions may signal a need for consolidation.

Lucky Block Key Levels

Support Levels: $0.00002830, $0.00003100
Resistance Levels: $0.00004000, $0.00006490

Lucky Block market is experiencing a significant bullish recovery, with buyers stepping in assertively after the price hit new multi-month lows earlier in August. This has led to a clear shift in short-term momentum, establishing a new uptrend.

Lucky Block Price Forecast- LBLOCKUSDT Outlook

At the moment the broader market structure remains bearish, the current rally is showing considerable strength. However some indicators are flashing overbought conditions which could lead to a period of healthy consolidation.

LBLOCK/USDT shows a market in the midst of a powerful counter-trend rally. After a prolonged downtrend that saw the price break to new lows, support was found at the $0.00002833 level. From there, a strong bullish bounce has been initiated, signaling that selling pressure has been exhausted and buyers are returning to the market.

The immediate objective for the bulls is to challenge the former support level at $0.00004000, which is now expected to act as the first major line of resistance. A successful break above this level would add significant credibility to the recovery attempt. The Momentum indicator has decisively crossed into positive territory at 0.00000524, confirming that the bounce is being driven by strong buying pressure.

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

Trading at $0.00003708 with a gain of +0.51%, the asset is continuing to press higher, with buyers firmly in control. The short-term trend is unequivocally bullish. The steady climb from the lows demonstrates strong buyer conviction. The path of least resistance is currently to the upside as the price continues its ascent towards the key daily resistance level.

The indicators on this timeframe confirm the strength of the rally but also signal caution. The Momentum indicator is well into positive territory at 0.00000268, validating the bullish price action. However, the Stochastic oscillator is deep in the overbought region.

Make money without lifting your fingers: Start using a world-class auto trading solution 

How To Buy Lucky Block

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.