Lumberjack Token Price Prediction:What's Next for the LUMBER

29-07-2024 By: Lokesh Gupta
Lumberjack Token Price Prediction:What's Next for the LUMBER

Lumberjack price down 10.20% with $592M 24-hour volume

  • #Lumberjack ($LUMBER) began trading on July 20th, demonstrating significant volatility.

  • $LUMBER Price remained flat initially, followed by a notable rally with sharp gains and consolidation phases.

  • After extended consolidation around $0.00005000, the price surged to a peak of $0.00012500.

  • #Lumberjack Price consolidated around $0.00007500 before spiking to $0.00017850, marking an 800% increase in seven days.

  • After reaching its peak, the price retraced to 0.000000700 USDT, testing critical support levels.

  • According to Coingabbar analysis, If the price maintains its position above the support level, a potential rebound toward the previous high could be expected.

  • A drop below the 0.000000700 USDT support could drive declines, aiming for the next support level at $0.000000500.

KEY LEVELS :

RESISTANCE LEVEL : $0.00010000-$0.00018000

SUPPORT LEVEL : $0.00005000-$0.00003000

Disclaimer: Coingabbar's guidance and chart analysis on cryptocurrencies, NFTs, or any other decentralized investments is for informational purposes only. None of it is financial advice. Users are strongly advised to conduct their research, exercise judgment, and be aware of the inherent risks associated with any financial instruments. Coingabbar is not liable for any financial losses. Cryptocurrency and NFT markets could be highly volatile; users should consult financial professionals and assess their risk tolerance before investing.

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