Near Protocol and Chainlink have been facing bearish pressure for several weeks now, and investors are beginning to lose hope in a potential resurgence. Amidst all this uncertainty, traders are turning to explosive presale offers like Rollblock (RBLK) that has already rallied 150% in its presale.
Near Protocol may have reached a monthly high of $5.23 by the end of August, but the Rollblock token presale has been on a downtrend ever since. With Near Protocol’s price chart recording steeper declines every day, Near Protocol is currently trading at $3.53. Given the intra-day dip of nearly 5% and the 50.51% uptick in Near Protocol’s volume, investors seem to be tipping towards profit-booking now.
According to Near Protocol’s daily and 4-hour charts, Near Protocol investors need to be prepared for steeper declines in upcoming weeks. For now, Near Protocol is nearing the support trendline at $3.43. If selling pressure continues to rise, Near Protocol may even plunge to the $1.82 support in upcoming weeks.
Chainlink is following a similar trend as NEAR as Chainlink’s price has declined by nearly 14% over the past seven days. After another intra-day dip of 4.48%, Chainlink’s current trading price is down to single digits at $9.55. Since Chainlink’s volume is up by nearly 63% today, the current bearish trend is expected to continue as Chainlink investors start selling out.
Even Chainlink’s daily chart is flashing strong sell signals as the token’s RSI plunges closer to oversold territory. Since Chainlink has been trading below its 50-, 100-, and 200-day EMAs for several weeks, analysts expect Chainlink to crash to the $8.36 support soon.
Rollblock entered stage 6 of its presale last week, and nearly 50% of tokens are already sold out. This extremely bullish momentum is all thanks to Rollblock’s no-KYC, community-backed casino that is fully backed on the Ethereum blockchain. As Rollblock gets closer to its official launch in Q4, analysts are already tipping at Rollblock as the hottest DeFi token of 2024.
The reason why more than 10,000 investors already have their eyes on Rollblock is the platform’s native $RBLK that can be staked for a weekly passive income. Every week, Rollblock uses up to 30% of its revenue to repurchase $RBLK on the open market and distributes these as staking rewards with the highest yield in the market. If that wasn’t enough, then early investors also get exclusive weekly bonuses based on their $RBLK holdings.
Even though Rollblock is still in its presale, the Rollblock crypto casino has already gotten a full audit and license from regulators like Solid Proof and Gaming Curacao. Rollblock currently hosts more than 150 web3-based casino games, including slots, poker, roulette, blackjack, and more. In the next few months, Rollblock also plans to add a betting feature that allows traders to bet on the outcomes of popular leagues such as the UFC, MMA, La Liga, NBA, NFL, and many more.
With an Ethereum-backed casino that ensures provably fair gambling, Rollblock is expected to own a huge chunk of the $500bn per annum global gambling industry by 2025. For now, Rollblock is selling on its official website for a minimal price of only $0.025 per token, with another price surge expected within the next five days!
Website: https://rollblockpresale.io/
Socials: https://linktr.ee/rollblockcasino