Analysts are expecting a massive bullish rally for Bitcoin in the upcoming weeks. Amidst this bullish sentiment, traders are expecting big gains for Stacks (STX) and Dog (Runes), which have been on a downtrend over the last month. Meanwhile, Rollblock’s new GambleFi narrative is attracting investors with its 100x gain potential!
Stacks (STX) Downtrend Might be Coming to an End
Stacks’s price has plunged by a massive 21% over the past month, but this downtrend may be ending. In the last 24 hours, Stacks’s trading volume has jumped by an impressive 8.75%, pushing the market cap up to $2.1 billion. At press time, Stacks was trading at $1.45 with a small intra-day surge of 0.76%.
Technical indicators hint at increased investor confidence in Stacks, but the token is still trading below its 50- and 200-day EMAs. To trigger a bullish rally, Stacks needs to breach the nearest resistance at $1.67 to reach a new high of $2.47 in upcoming weeks.
Dog (Runes) Price Plunges 5.5% in 24 Hours
Activity on the Bitcoin Runes protocol has been on a downtrend since May, and investors are now losing confidence in Dog (Runes). Over the last 30 days, Dog’s price has declined by a whopping 45.94%. Dog is currently trading at $0.002719 with another intra-day decline of 7.21%.
The only glimmer of hope left for this Runes protocol is if the Bitcoin rally lends some momentum to Dog. Dog currently is trading below its 10, 50, and 200-day EMAs, hinting at strong bearish pressure. If profit-taking continues, Dog’s price may crash to a lower low of $0.000835 in upcoming weeks.
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Rollblock’s (RBLK) New GambleFi Protocol Becomes a Viral Success
Rollblock’s crypto-native casino is rapidly gaining traction in the DeFi gaming sector, leaving other altcoins behind by a mile. By bringing Ethereum’s blockchain technology to the outdated world of online casinos, Rollblock is all set to own a considerable market share of the $450 billion-a-year global gambling industry.
Rollblock is experiencing massive success in the DeFi space due to its commitment to transparency. By removing all KYC checks and encrypting every financial transaction on the Ethereum blockchain, Rollblock effectively brings trust back to the online gambling industry.
Rollblock’s casino is fully audited, licensed, and already making money with over 10K early investors. The platform is currently offering more than 150 AI-powered games. From casino classics like poker and slot machines to exclusive web3-based games, Rollblock’s casino has it all. Rollblock will also add a sports betting option in the next few months to further enhance its offerings.
Rollblock also stands out from the competition due to its native $RBLK token. Through Rollblock’s revenue-sharing mechanism, $RBLK holders can earn huge staking rewards every week with up to 30% APYs. Tokens are also repurchased from the market and burned to make $RBLK deflationary.
This week, Rollblock has kicked off the 5th stage of its presale with a selling price of just $0.0205. Since RBLK’s price has already rallied 105% since the start of the presale, analysts are tipping at another massive price jump before the end of next week.
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