Near Protocol and Chainlink picked up bullish momentum earlier this week, but both tokens are now experiencing significant declines in their 24-hour trading volumes. Meanwhile, demand for Rollblock (RBLK) is only increasing as the token targets a new all-time high before the end of Q3.
Near Protocol’s (NEAR) Open Interest Reaches 8-Week High
Near Protocol saw a significant increase in demand this week, with NEAR’s daily transactions reaching a new high of 7.33 million. Aside from increased network engagement, Near Protocol’s Open Interest has also reached $184 million which is the highest it’s been since late July. As more traders open long positions, Near Protocol may experience more rallies in the upcoming weeks.
Near Protocol is currently trading at $4.40 after a 1.64% intra-day decline. This plunge might be hinting at the end of Near Protocol’s recent rally, especially since Near Protocol’s trading volume has also decreased by 29% in the last 24 hours. If buying pressure doesn’t pick up soon, Near Protocol could plunge to the $2.98 support in upcoming weeks.
Chainlink’s (LINK) Future Seems Uncertain
Chainlink is still facing significant price volatility after the token’s price fell below the critical $11 support earlier this week. Despite Chainlink’s bullish community sentiment, Chainlink’s trading volume has decreased by 4.88% in the last 24 hours. For now, Chainlink is trading for $11.58 after a 2.90% intra-day increase.
Chainlink’s MACD crossed the signal line on the daily chart, which typically indicates a bullish breakout. However, Chainlink still needs to break above the 100-day SMA at $12.21 to trigger a rally. If the bullish hype dies down, Chainlink’s price could fall to single digits once again to the $8.364 support. However, if buying pressure increases, Chainlink could test the $13.37 resistance ahead of Q4.
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Rollblock (RBLK) to Close Q3 with New All-Time High
Rollblock (RBLK) might be a new DeFi token that’s still in presale, but this GambleFi protocol is already poised for 800% gains before the end of Q4. These bullish predictions are based on Rollblock’s massive presale success which includes a 170% price jump and over $3.6 million raised already. As Rollblock continues to revolutionize online casinos, analysts project a huge post-launch 100x rally!
Since Rollblock is built on the Ethereum blockchain, the platform offers gold standard security measures such as no KYC checks, unchangeable bets, and fully transparent betting analytics.
Aside from offering 7,000+ AI-powered games already, Rollblock also plans to introduce sports betting in its ecosystem soon. With this new feature, Rollblock users will be able to place bets on the outcomes of top sports games such as the NBA, NFL, UFC, MMA, La Liga, F1, Golf, Tennis, and more. As users bet and win, they accumulate more $RBLK tokens in their portfolios. These tokens can also be added to Rollblock’s staking pool in exchange for rewards with up to 30% APY.
To distribute these rewards, Rollblock reinvests its weekly casino revenue into open market buybacks of $RBLK and allocates half of the tokens to long-term stakers. Since the remaining half of the tokens is burned forever, Rollblock’s supply will never breach the hard cap of 1 billion, keeping the token’s price strictly deflationary.
As Rollblock experiences a huge influx of new investors, analysts are already tipping at another price surge for $RBLK before the end of Q4. For now, tokens are selling at a surprisingly low price of $0.027 each, making it the perfect time to bet on the future of the gambling industry.
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://rollblockpresale.io/
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