2024-9-5 08:00 |
As Q3 comes to a close, bullish momentum appears to be taking over. Tokens like XRP and Shiba Inu may have been on a downtrend lately, but their charts are now showing bullish potential.
Meanwhile, Rollblock (RBLK) is on a massive upswing after crossing the $3M milestone in presale stage 6.
XRP (XRP) Experiences Bullish ReversalFor the past few months, XRP’s price was trading between two descending lines, creating a bearish channel. Now, XRP has finally headed towards a bullish breakout with an intra-day surge of 2.14% that pushed XRP’s price up to $0.5666. Considering the 62.87% uptick in XRP’s trading volume, investors appear to be showing interest in XRP’s future.
According to XRP’s price chart, breaching the previous resistance at $0.5650 means XRP can now use it as a support. Since XRP is trading above its 100-day and 200-day EMAs and XRP’s MACD line is also above the signal line, XRP might reach the $0.60 level in the next few days.
Is Shiba Inu (SHIB) Making a Resurgence?Shiba Inu’s price declined 6.75% last week as the market saw traders abandon memecoins in exchange for better-performing tokens. However, that decline has come to an end as Shiba Inu recorded an intra-day surge of 3%, pushing Shiba Inu’s current price up to $0.00001366.
Although Shiba Inu is still trading below its 50-day EMA on the daily chart, it is slowly gaining momentum on the 2-hour and 1-hour charts. If Shiba Inu’s MACD can maintain its position above the signal line and the RSI remains neutral, Shiba Inu can challenge the $0.00001637 resistance.
Analysts Give 100x Predictions for Rollblock (RBLK)100x cryptos are uncommon, but when savvy traders find one, they make sure to bet their money on it. That is the sentiment around Rollblock’s ($RBLK) new GambleFi protocol that features a crypto-native casino, Ethereum’s blockchain security, and huge revenue-sharing rewards.
Rollblock’s casino has experienced bullish growth ever since its launch, and that is imminent in its massive 140% rally from the initial presale price. Rollblock has raised more than $3M in presale due to its commitment to transparency, anonymity, and security.
Since all transactions and bets made on Rollblock are automatically encrypted on Ethereum’s blockchain, Rollblock users remain worry-free and enjoy a gambling experience free of manipulation, bet fixing, and phishing.
Rollblock’s casino features 150+ AI-powered games based on the latest Web3 technology. With this cutting-edge technology, analysts are already predicting 100x gains for Rollblock as soon as the platform’s native $RBLK hits the open market.
Aside from in-game payouts and trading, Rollblock’s native utility token features staking rewards for long-term holders and tiered VIP bonuses for early investors. Through Rollblock’s revenue-share mechanism, the platform repurchases $RBLK on the open market and distributes half of these tokens as rewards to stakers. The remaining half of the tokens are burned forever to limit RBLK’s circulating supply and sustain the hard cap of 1 billion.
Given these deflationary tokenomics, Rollblock’s price is expected to surge 800% by the end of the presale stages. For now, Rollblock is nearly mid-way through stage 6 of the presale, with tokens selling for just $0.024.
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
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The post GambleFi Token With 1000x Tag Defies Market Red Woes, Too Hard to Ignore For XRP And SHIB Backers appeared first on CaptainAltcoin.
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