As the market prepares to enter Q4, both Bitcoin and Ethereum are showing bullish signs of reversal as they surpass several key resistance levels. However, the most attractive crypto in the market is still a low-cap gem in presale called Rollblock (RBLK).
Fed Rate Cut Triggers Bullish Momentum for Bitcoin (BTC)
With the US Federal Reserve approving a 50-point cut in interest rates on Wednesday, risky assets like Bitcoin are experiencing a huge surge in demand. Bitcoin’s price has already rallied by nearly 10% over the last week as the token regains investor interest after a volatile Q3. Since Bitcoin managed to shatter several key resistance levels during the ongoing rally, analysts believe the token could surge past $65,000 in upcoming weeks.
For now, Bitcoin is trading for $63,502.97 after a minor 0.50% intra-day surge. As Bitcoin’s MACD line forms a bullish crossover with the signal line, Bitcoin’s price is expected to hold $60,850 as support. This means Bitcoin could extend its gains to test the $65,379 resistance in the next few days.
Ethereum (ETH) Breaks Free from Descending Wedge Pattern
Ethereum’s price broke above the critical $2,400 resistance amidst the recent buying spree triggered by the US Fed’s interest rate cut. Ethereum is currently trading at $2,546.46 after a 4.15% intra-day increase. Despite Ethereum’s bearish community sentiment today, Ethereum is quickly rising to test the $2,800 resistance in upcoming weeks.
Although Ethereum’s RSI has risen into overbought territory on the ETH/USDT 4-hour chart, Ethereum is still showing great room for growth on its daily chart. If this bullish momentum persists, Ethereum buyers could trigger several rallies that push Ethereum’s price up to the 200-day SMA at $3,181.9 in Q4.
Rollblock’s (RBLK) Explosive Rally Pushes Towards New All-Time High
Rollblock (RBLK) has been on a streak of hitting milestones every week, and even the biggest crypto whales can’t ignore this GambleFi protocol’s explosive success anymore. After rallying 170% during presale already, Rollblock is kick starting a new era of online gambling that is set to disrupt the $500bn per annum global gambling market forever.
As the market heads into Q4’s altseason, Rollblock’s price is expected to rally 880% even before the token’s official launch. Despite the huge surge in Rollblock’s demand, the token is still selling for only $0.027.
Aside from being a low-cap crypto, Rollblock also removes barriers to entry in the GambleFi space with no KYC verifications required for signup. Instead of providing sensitive information, new traders can gain access to Rollblock’s 7,000+ AI-powered games by only connecting their wallets and depositing a cryptocurrency.
While Rollblock’s ecosystem already boasts several new and exclusive Web3-powered games, Rollblock also plans to introduce a sports betting feature in the upcoming months. This new addition will allow traders to bet on the outcomes of top international sports leagues such as the NBA, NFL, MMA, UFC, La Liga, F1, and more.
Since Rollblock is powered by the platform’s native $RBLK, Rollblock also offers huge staking rewards with up to 30% APY to investors who become long-term liquidity providers in its ecosystem. As Rollblock’s ecosystem soars to new highs, analysts project a massive 100x rally on launch day.
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://rollblockpresale.io/
Socials: https://linktr.ee/rollblockcasino