While top cryptos like Bitcoin and Ethereum are considered safe investments, both these tokens have been on a constant downtrend after testing their nearest resistance several times. Meanwhile, savvy traders are using their money wisely on Rollblock’s explosive presale offer.
Bitcoin (BTC) to Test $60K Level Once Again
Over the past few months, Bitcoin has failed to breach the $60K level many times. With an intra-week plunge of 6.08%, Bitcoin’s price is currently down to $$59,165.88. Since Bitcoin’s SOPR indicates that traders are selling out at losses, the 22.54% uptick in Bitcoin’s volume isn’t painting a positive picture.
For now, a reversal is unlikely unless Bitcoin breaches the 50-day EMA at $61,063 which could trigger a bullish rally up to $66,498. For now, Bitcoin’s MACD line and Momentum Indicator are both hinting at bearish dominance, suggesting that there could be further declines if Bitcoin fails to breach the $60K level once again.
Ethereum (ETH) in for Steeper Declines
After trading in the red over the past 30 days, Ethereum’s price is up by 5% today, pushing the current trading price up to $2,545.03. However, since Ethereum’s trading volume is also up by 22.5%, traders may be selling out their ETH holdings for now.
On the daily chart, Ethereum is trading far below its 50-day EMA at $2,805.83. Since Ethereum’s RSI is in lower neutral territory, Ethereum’s price may see steeper declines before experiencing a bullish reversal. The only glimmer of hope left for Ethereum investors now is the Hull Moving Average and MACD line that are both hinting at a potential trend reversal in upcoming days.
Rollblock (RBLK) Rolling to the Moon with Explosive Presale Offer
Rollblock ($RBLK) is redefining the presale game with its record-breaking growth. Rollblock’s crypto-native casino is based on integrating the traditional iGambling model and the highly profitable crypto market, giving this new play-to-earn casino token an undivided opportunity to become a market leader in the GambleFi space.
Rollblock’s GambleFi protocol is centered around the platform’s native $RBLK. Aside from using this crypto to play over 150+ casino games on Rollblock, traders can also hold the utility token to earn massive rewards through Rollblock’s revenue share model. Every week, Rollblock uses 30% of its casino revenue to purchase $RBLK on the open market, which is then used as a staking reward with the highest yield in the market. Half of these tokens are also burned to make $RBLK deflationary.
Through an integration with Ethereum’s blockchain, all bets and transactions made on Rollblock are automatically encrypted, unchangeable, and completely traceable. This top-tier security sets Rollblock apart from all traditional casinos, making it well-positioned to achieve market dominance in the $500B per annum global gambling industry.
In just stage 6 of its presale, Rollblock’s price has already rallied 140% to a new all-time high of $0.024. Since $RBLK tokens are still affordable, more than 12,000 early investors have already poured their money into the future of online gambling before Rollblock hits the much-anticipated 800% surge by the end of its presale stages!
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://rollblockpresale.io/
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