Rollblock (RBLK) Emerges as Top Performer, Outshining Cardano and Ripple
While Cardano (ADA) and Ripple (XRP) have been considered potential frontrunners in the altcoin market this season, newcomer Rollblock (RBLK) has surpassed both of them with an incredible 200% rally during its presale.
Cardano (ADA) Faces Downfall Risks as Price Formation Indicates Bearish Reversal
On the daily chart, Cardano is displaying an ascending channel pattern, typically associated with short-term gains. However, this pattern also resembles a rising wedge, indicating a potential bearish reversal. In the coming week, Cardano’s price is expected to approach the upper trendline at $0.40, which could result in a breakdown.
As of now, Cardano is trading at $0.3453, experiencing a 3.69% intra-day decrease. Despite this dip, investors seem to be buying the current Cardano dip due to an 8.50% increase in volume over the past 24 hours. However, if Cardano’s Momentum Indicator does not turn bullish soon, the price is expected to see steeper declines in Q4.
Ripple (XRP) Loses Investor Confidence as it Falls Below Key Resistance
Ripple had been forming an ascending triangle pattern on its daily chart for the past few weeks, but it has recently fallen below the ascending trendline. Additionally, Ripple rejected its critical daily resistance on Monday, pushing its price into bearish territory. The ongoing legal battle with the SEC regarding the token’s status as a security has further eroded investor confidence in Ripple’s potential for recovery.
At present, Ripple is trading at $0.5272, experiencing a 2.35% intra-day decrease. The token’s volume has also dropped by 4.39% over the past 24 hours as traders lose interest in this highly volatile asset ahead of the Q4 bull run. If Ripple falls below the crucial support level at $0.5209, it could face a steep decline to $0.4305 in the coming weeks.
Rollblock (RBLK) Makes Waves with $4M Raised in Presale
Rollblock’s groundbreaking GambleFi project is disrupting the global gambling market, which generates around $500 billion annually. By combining the latest Web3 technology and top-notch security with traditional casino games, Rollblock is revolutionizing online gambling, reintroducing fun and trust to the industry. Since its presale launch just a few months ago, Rollblock has already raised over $4 million from more than 15,000 early investors. Analysts predict that this bullish momentum will continue to strengthen during the Q4 bull market, potentially leading to an astounding 800% rally by the end of the presale.
Rollblock’s Ethereum-backed security protocol is the driving force behind its rise to the top. Unlike traditional online casinos that struggle to provide privacy and anonymity to users, Rollblock is changing the game with its no-KYC policy and Ethereum-backed betting system. Users can sign up with a valid email address, deposit any cryptocurrency of their choice, and enjoy over 7,000 AI-powered casino games. With transparent betting analytics and no KYC checks, Rollblock offers a completely secure and anonymous iGambling experience.
Rollblock’s native token, $RBLK, powers its ecosystem and allows traders to earn a weekly passive income by becoming liquidity providers. Through the platform’s revenue-sharing model, Rollblock repurchases $RBLK on the open market and distributes them as rewards, offering up to 30% APY.
Despite its revolutionary features, Rollblock is still offering tokens at a low price of only $0.03 during stage 7 of its presale. Since the price has already surged by 200% from the initial presale stage, analysts are anticipating another price hike in the coming days.
Experience the Exciting Opportunities of the Rollblock (RBLK) Presale Now!
Website:
https://rollblockpresale.io/
Socials:
https://linktr.ee/rollblockcasino
Tags:
ADA, XRP