Cardano’s recent price plunge is making investors cautious about the token’s future, with many whales opting to book profits. Similarly, although Litecoin is recording minor surges, it needs more to retain investor interest. Meanwhile, Rollblock’s new crypto casino is outshining both these tokens by recording 140% gains in presale.
Cardano (ADA) Deep in Bearish Territory
Despite Cardano’s Chang update that has brought improvements in transaction speed and cost efficiency, Cardano’s price has still declined 10.62% over the past week. Cardano is currently trading at $0.332 after another intra-day plunge of 2.49%. Cardano investors may be booking profits now since Cardano’s 24-hour trading volume is up by over 90%.
On the daily chart, Cardano is trading below its 50-day EMA at $0.368 which is also the nearest resistance. Since Cardano’s Momentum Indicator and MACD line both suggest bearish dominance, Cardano is unlikely to breach the resistance any time soon.
Can Litecoin (LTC) Make a Bullish Recovery?
Litecoin’s price plunged to $59 at the end of August, but Litecoin has now consolidated around the $64 mark. After recording a minor intra-day surge of 0.34%, Litecoin is currently trading at $64.35. Although Litecoin’s market sentiment is in the green and 24-hour trading volume is up by 32.91%, Litecoin is still struggling to breach its 50-day EMA at $66.12.
On the LTC/USD daily chart, Litecoin’s Momentum Indicator and Bull Bear Power indicator suggest bearish trends. However, Litecoin’s MACD line is trading above the signal line, hinting at a possible resurgence. If Litecoin can breach the $62.09 pivot, it may be able to challenge the resistance trendline at $74.28.
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New Highs Expected for Rollblock (RBLK) This Week
As Rollblock ($RBLK) continues to outshine big tokens like Cardano and Litecoin, this new GambleFi protocol is set to reach the $1 milestone sooner than expected. Within a few months, Rollblock attracted over 10,000 investors and has raised more than $3M during its presale stages. If this momentum extends into Q4, analysts expect Rollblock’s early investors to enjoy massive 800% gains before the token’s official launch.
Unlike traditional casinos, Rollblock offers top-tier transparency and security. The platform allows users to view betting analytics, enjoy fast transactions, and has no KYC checks – all through Ethereum’s immutable blockchain. Players can also maintain anonymity by simply connecting their wallets and depositing a cryptocurrency to gain exclusive access to Rollblock’s crypto-native casino.
For now, Rollblock features 150+ AI-powered games that include both casino classics as well as exclusive web3-based titles. In the future, the platform also plans to introduce sports betting, allowing players to place bets on the NBA, MMA, NFL, UFC, F1, and more.
Aside from in-game features, Rollblock also gives investors a chance to make significant gains through its native $RBLK token. Through a revenue-share scheme, Rollblock uses up to 30% of its weekly casino revenue to purchase $RBLK on the open market. Half of these tokens are distributed to current holders as staking rewards, and the remaining are burned forever through Rollblock’s token-burn mechanism that limits circulating supply.
Given these deflationary tokenomics, Rollblock’s price is expected to surge 100x before the end of the year. Currently, Rollblock is in its sixth presale stage, with tokens selling at just $0.24 each!
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://rollblockpresale.io/
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