Contrary to all the bullish predictions, Ethereum and Chainlink have both recorded big losses recently. Amidst this bearish sentiment, investors are turning to explosive presales like Rollblock (RBLK) that are already showing 100x gains potential.
Can Ethereum (ETH) Hit a New ATH This Fall?
Ever since Ethereum’s Dencun update in March, fees on Ethereum’s mainnet have been on a decline. As a result, Ethereum’s on-chain activity has hit massive peaks this year. However, Ethereum’s price has still fallen by 4.69% over the past week, and after recording another intra-day decline of 2.5%, Ethereum is currently trading at $2,455.6.
Ethereum investors may have to prepare for steeper declines as Ethereum’s price is currently below its 50-day EMA at $2,791.79. Unless Ethereum’s RSI starts trending upwards and the MACD line maintains its position above the signal line, Ethereum is unlikely to record any surges. However, if bullish momentum picks up, then Ethereum could end the upcoming bull run with a new all-time high.
Chainlink’s (LINK) Support is at Single Digits
Chainlink investors are beginning to lose confidence as Chainlink’s price declined 10.54% over the past week. Investors appear to be booking profits now as Chainlink’s 24-hour trading volume is up by over 10%. Currently, Chainlink is trading at $10.29 after an intra-day decline of 3.31%.
Chainlink is currently trading below all key moving averages on its daily chart, signaling strong bearish momentum. Similarly, Chainlink’s technical oscillators like the Momentum Indicator and MACD line are also trending downwards. Unless Chainlink’s RSI breaches the neutral zone and buying pressure picks up, Chainlink is at risk of falling below the support at $8.36.
Rollblock ($RBLK) Headed for Crypto Top 10 on Launch Day
Ethereum and Chainlink may be amongst the biggest cryptos by market cap, but savvy traders currently have their eyes fixed on Rollblock’s skyrocketing presale success. By raising over $3M in presale with over 10,000 early investors, Rollblock has already proven its potential to become the next 100x crypto. If these bullish predictions stand true, Rollblock’s new GambleFi protocol may end up leading the upcoming altseason and emerge as a Top 10 crypto in 2025.
Rollblock’s play-to-earn utility token combines the best aspects of decentralized and centralized gambling, giving crypto traders a unique opportunity to become high rollers. Since Rollblock is fully backed on the Ethereum blockchain, traders can enjoy a no-KYC and completely immutable gambling experience. Once a financial transaction or bet is made on Rollblock’s casino, it is impossible to alter or change it.
These security protocols are what power Rollblock’s huge selection of 150+ casino games including roulette, blackjack, slots, poker, and even new web3-based additions. In the next few months, Rollblock’s casino will also allow users to bet on top international sports leagues such as the NBA, NFL, UFC, Golf, MMA, Tennis, La Liga, F1, and more.
Although this safe and secure gambling platform should be enough to make investors pour their money into this GambleFi project, Rollblock takes things one step further with an ingenious revenue-share model. Every week, Rollblock gives back to current holders by repurchasing $RBLK on the open market and distributing them to investors as staking rewards with as high as 30% yield.
Even with these features, Rollblock is currently selling for only $0.024 in stage 6 of its presale. Since the price has already rallied 140% from the initial presale stages, analysts are tipping at another price hike within the next few days.
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://rollblockpresale.io/
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