Arbitrum has recently picked up bullish momentum, but Ethereum is still struggling to fight off bearish pressure and race toward the $3,000 milestone. Meanwhile, Ethereum-backed GambleFi project Rollblock ($RBLK) is soaring through the charts by recording a massive 170% rally during presale stages.
Can Arbitrum (ARB) Sustain Gains?
After trading within a descending channel for several weeks, Arbitrum is finally testing key resistance levels that could trigger a massive rally. With Arbitrum’s community sentiment flashing bullish signals, analysts are speculating whether Arbitrum can reach the $1.50 milestone in Q4. For now, Arbitrum is trading at $0.564 after an impressive 11.78% intra-day increase.
Arbitrum is encountering increased buying pressure as the token’s trading volume has surged nearly 86% in the last 24 hours. However, despite this positive momentum, Arbitrum has recently seen a huge decline in large transactions which suggests a drop in whale confidence. If Arbitrum turns bullish in the upcoming weeks, it could maintain its position as a leader in the DeFi sector with a TVL of $2.47 billion. If profit-taking ensues, Arbitrum’s price could see a sharp decline down to the $0.328 support.
Ethereum (ETH) Bulls and Bears in a Battle for Dominance
Ethereum’s price action over the last 5 months has left investors disappointed once again, especially since analysts projected massive bullish rallies beyond the $3,000 mark. After consolidating for five months, Ethereum’s price is still facing bearish dominance as the ETH/USDT chart flashes downtrends since June. Amidst this pessimistic sentiment, Ethereum is currently trading at $2,441.51 with an intra-day surge of 6.17%.
Since Ethereum’s trading volume has surged by 55% in the last 24 hours, the token is likely experiencing strong buying pressure. If this bullish thesis stands true, Ethereum may surge towards the $3,000 level in Q4. However, if it fails to hold that level, ETH could experience steeper declines, confirming a strong bearish market.
Rollblock ($RBLK) Closes in on 170% Gains During Presale
Rollblock’s GambleFi protocol is bringing all the hype back to altcoins ahead of Q4, and analysts believe this new P2E token could become the next 100x crypto by the end of the year. By strategically combining decentralized and centralized gambling, Rollblock ($RBLK) brings all the fun back to crypto trading by offering the most provably fair casino that the market has ever seen.
Although Rollblock is still in presale, the project has already raised over $3.7 million by attracting a variety of savvy traders, long-term holders, and high rollers. Since every gambling enthusiast dreams of an online provably fair casino, Rollblock brings that vision to life with its Ethereum-backed iGambling model. By encrypting every transaction and bet on Ethereum’s blockchain, Rollblock ensures that its casino is free of third-party manipulation and bet fixing.
To further improve user experience and remove entry barriers to the world of iGambling, Rollblock boasts an impressive no-KYC policy that allows traders to keep their private information to themselves. Instead of compromising their anonymity, new users can sign up on Rollblock by connecting their wallets and depositing a cryptocurrency of their choice.
Rollblock’s entire ecosystem is powered by the platform’s native $RBLK, which also functions as an independent utility altcoin. If traders become long-term holders, they can receive staking rewards with up to 30% APY on a weekly basis through Rollblock’s revenue-sharing scheme.
Within a few months of its launch, Rollblock’s price has already rallied by a massive 170% to reach the current selling price of $0.027. With analysts projecting up to 800% gains for RBLK before the presale ends, now is the perfect time to invest in Rollblock before the price surges any further!
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://rollblockpresale.io/
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