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LBLOCK/USDT Price Forecast – July 28th
Lucky Block price forecast indicates the market’s recent consolidation has set the stage for a potential upside breakout, with buyers showing resilience above key support levels.
Lucky Block Key Levels
Support Levels: $0.00001970
Resistance Levels: $0.00003840, $0.00006450
Lucky Block Long-Term Trend: Bullish (Daily Chart)
A recent dip to lower levels was met with strong buying interest, preventing a further decline and setting up a potential reversal. The market’s ability to hold above key support levels suggests buyers are in control, paving the way for a potential upside move.
Lucky Block Price Forecast – LBLOCKUSD Outlook
The daily chart for LBLOCK/USDT shows a promising shift in market structure. The Bollinger Band Squeeze, which had contained the price for weeks, is now poised for an upside resolution. With the price holding above the lower Bollinger Band, a strong technical signal indicates the path of least resistance has turned upwards.
Currently trading at $0.00003647, the asset is showing bullish signs. The previous resistance level around $0.00003840 will now likely act as initial support. With the setup confirmed, buyers are in control and may look to target higher resistance levels, with the next major zone being $0.00006450.
The Money Flow Index, with a reading of -79.89, is nearing a potential reversal, highlighting the strength of the current buying interest.
Lucky Block Short-Term Trend: Bullish (4-Hour Chart)
The 4-hour chart provides a detailed view of the market’s potential. Following a recent correction, a clear uptrend is emerging. The price has consolidated above key support levels and is now poised for an upside move. Trading at $0.00003647, the market is under firm bullish control.
The middle Bollinger Band, which previously acted as a resistance level, is now a potential support level, confirming the strength of the buyers. Any short-term pullbacks are likely to be viewed by traders as buying opportunities until the price can break above significant resistance levels.
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How To Buy Lucky Block
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