Ethereum Classic (ETC) and Litecoin (LTC) are crashing under bearish pressure as both tokens fail to reignite investor interest or spark buying pressure. Meanwhile, savvy traders are turning to Rollblock’s explosive presale that has already rallied 140%!
Ethereum Classic’s (ETC) Recent Crash Bound to Continue
While Ethereum Classic spent most of last week in the green, it has now turned red with 3.33% weekly losses. After another intraday decline of 3.59%, Ethereum Classic is now down to a trading price of $18.53. Since Ethereum Classic’s 24-hour trading volume is up by 41.12%, analysts believe ETC is undergoing a massive sell-off.
According to the ETC/USD daily chart, Ethereum Classic is under strong bearish pressure as it trades below the 50-, 100-, and 200-day EMAs. Ethereum Classic’s RSI is also trending downwards and quickly approaching overbought territory. Until it does, Ethereum Classic is likely to crash to $14.93 in upcoming weeks.
Litecoin’s (LTC) Daily Chart Shows Bearish Dominance
Litecoin reached a weekly high of $67.91 last week, but the price has been on a downtrend ever since. This decline is not news for Litecoin investors as LTC has failed to breach the $112 level ever since June 2022. Litecoin is currently trading at $60.7 with an intra-day decline of 3.61%.
According to the LTC/USD daily chart, Litecoin is trading below its 50-, 100-, and 200-day exponential moving averages, suggesting strong bearish pressure. As Litecoin’s RSI continues to trend downward, LTC may fall below the nearest support at $67.89, pushing the price further down to the $59.01 and $47.89 support trendlines.
Rollblock’s (RBLK) DeFi Casino Token Shatters Records with Explosive Growth
Rollblock ($RBLK) is defying all odds by creating a crypto-native casino that offers top-tier security and profit-sharing benefits. Since Rollblock has raised nearly $3M in record time, analysts believe this new GambleFi token has what it takes to become a market leader in the $500 billion gambling industry. As traders prepare for Q4 by abandoning faltering tokens like ETC and LTC, savvy investors are already betting on Rollblock’s casino to record 800% gains by the end of 2024.
Rollblock is setting a new standard for online gambling by offering the first no-KYC casino that is fully backed on the Ethereum blockchain. Instead of providing any sensitive information, traders can maintain their anonymity by simply linking their wallets to Rollblock’s casino and using any of the 20+ compatible cryptos to start gambling. Rollblock already features 150+ web3-based casino games to enjoy, but the platform also plans on introducing a sports betting feature in the next few months.
Since Rollblock’s ecosystem is based on the native $RBLK token, all in-game payouts are made using this utility token. Aside from being a play-to-earn token, RBLK also offers utility on its own as the token can be staked. Every week, Rollblock gives back to investors with a revenue-share scheme that includes purchasing $RBLK on the open market and distributing these to holders as staking rewards with a massive APY of 30%.
Rollblock has just kicked off stage 6 of its presale with tokens selling at a surprisingly low price of $0.024 each. Given Rollblock’s impressive features, deflationary tokenomics, and a 140% rally from the initial presale stage, analysts expect another price surge by the first week of September.
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://rollblockpresale.io/
Socials: https://linktr.ee/rollblockcasino