Lucky Block Set for a Bullish Run, Consolidates Near Support
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Lucky Block Set for a Bullish Run, Consolidates Near Support

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Azeez Mustapha

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LBLOCK/USDT Price Forecast – August 4th 2025

The Lucky Block price forecast shows the asset continuing to trade within a bullish structure, with buyers gaining control after last month’s consolidation.

Lucky Block Key Levels

Support Levels: $0.00003100, $0.00001920
Resistance Levels: $0.00004000, $0.00006620

Lucky Block Set for a Bullish Run, Consolidates Near Support

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

As the market enters the first week of August, the Lucky Block price remains poised for a potential breakout. A significant consolidation phase in late July has set the stage for a bullish move, with buyers maintaining firm control. The price is currently consolidating near its recent lows, suggesting a temporary pause in the uptrend, but the overall technical outlook points to a continuation of the bullish trend.

Lucky Block Price Forecast – LBLOCKUSD Outlook

The daily chart for LBLOCK/USDT shows that the market has established a clear bullish trend. The prolonged period of sideways consolidation that characterized most of July was resolved with a breakout above the $0.00004000 resistance level. This technical event has shifted market control firmly into the hands of buyers. Based on the latest data from July 31st, the price was trading at $0.00003486.

The breakout from the range means that the path of least resistance is now to the upside. Buyers will likely be targeting the next major resistance zone at $0.00006620. The former resistance level at $0.00004000 now stands as a significant support that would need to be broken to invalidate the bullish outlook.

The Parabolic SAR dots are positioned below the price candles, a clear indication that the market is in an uptrend. The Relative Strength Index (RSI), at 37.60, is trending upwards, which validates the strong buying pressure that has been present in the market.

Lucky Block Set for a Bullish Run, Consolidates Near Support

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

The 4-hour chart provides a closer look at the current market state. After the recent consolidation, the price has entered into a tight range, suggesting a temporary equilibrium before the next leg up. Despite this pause, the short-term trend remains unequivocally bullish. The price action is well above its previous trading range, and buyers are in control. Any downward movement from the current consolidation is likely to be viewed as a buying opportunity within the larger uptrend unless it can decisively break below the support levels.

The indicators on this timeframe reflect the current consolidation within a bullish trend. The Parabolic SAR dots remain below the price, signaling that the uptrend is still in effect. The Relative Strength Index (RSI), at 43.63, has bounced from more oversold levels and is trending upwards, indicating that the underlying momentum is with the bulls.

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How To Buy Lucky Block

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