The crypto market remains as unstable as ever. With Ethereum (ETH) struggling to reclaim the $3500 milestone and Avalanche (AVAX) showing slow signs of growth, many investors are now searching for a new token that is set to blow up soon. One such coin is Rollblock (RBLK).
The crypto market continues to be volatile, with Ethereum (ETH) struggling to reclaim the $3,500 milestone and Avalanche (AVAX) showing slow signs of growth. As a result, many investors are searching for a new token that is set to blow up soon.
One such coin is Rollblock (RBLK). With Rollblock’s trending crypto casino, analysts are expecting this new project to dominate the new GambleFi market.
Here's a closer look at ETH, AVAX, and RBLK's recent performance and upcoming potential.
Ethereum (ETH) Price Surges Amid Binance Transaction Rumors
A large Ethereum (ETH) whale has just transferred 12,215 ETH to Binance, sparking rumors of a massive sell-off in the making. This transaction, valued at approximately $41 million, has gripped the entire crypto market.
Over the last 24 hours, Ethereum's price has seen a surge of 2.13%, bringing it to the current trading price of $3,330.75. While this may seem like a small increase, it comes at a crucial time, especially with Ethereum having been in a consolidation phase for the last several days.
If the ETH price manages to break through the immediate resistance at $3,353.75, it could pave the way for a further ascent, potentially reaching a maximum height of $3,922.75. However, if ETH fails to gather sufficient momentum and drops below the support level of $3,270.75, it might experience a downturn to as low as $2,980.75.
Avalanche (AVAX) Tries to Bounce Back After Recent Dip
Avalanche's (AVAX) price has faced a 12.16% decrease over the last seven days. At the time of this report, AVAX was trading at $27.74 after an intra-day surge of 1.4%. If AVAX can rally past the nearest resistance at $37.36, analysts are expecting the AVAX bulls to cause a further climb of nearly 30%.
Those investors who recall the 2021 bull run will recognize the major signs of growth that Avalanche is currently displaying. Both the 10-day and 100-day simple moving averages are indicating price stability, and the RSI of 35.55 suggests that Avalanche has significant room for growth.
If the AVAX price fails to gather sufficient momentum and drops below the support level 1 at $26.88, it might experience a further downturn to as low as support level 2 at $22.74.
Rollblock (RBLK) Set to Disrupt Online Gambling Market
Rollblock (RBLK) is a new crypto-based casino that aims to bring the fun back to crypto trading. By tapping into the untouched GambleFi market, Rollblock is all set to experience skyrocketing growth.
As the online gambling industry is set to surge to $750 billion in the next few years, Rollblock has introduced its crypto-based casino at the perfect time.
After signing up on Rollblock’s casino with an email address or by linking their crypto wallet, players can access 150+ games. These include casino favorites like blackjack, poker, and roulette. With each game won on Rollblock’s casino, players can add more RBLK tokens to their wallets.
While using the platform, players don’t have to worry about their privacy and security. Each transaction and bet placed on Rollblock is backed on the Ethereum blockchain, making it 100% immune to data breaches and bet fixing.
Apart from gambling, Rollblock also offers investors a revolutionary revenue-sharing model. Each week, Rollblock uses 30% of its revenue for open-market buybacks of the RBLK token. 50% of these tokens are distributed to investors as staking rewards with massive APYs, while the remaining are burned to keep RBLK’s supply low.
Currently in stage 4 of its presale, RBLK is selling at a low price of $0.0175. Early investors have already seen a massive 72% price hike, and experts are hinting at more price jumps as demand rapidly increases.
The above is the detailed content of Rollblock (RBLK) Presale Skyrockets 72% as the Crypto Casino Prepares to Dominate the GambleFi Market. For more information, please follow other related articles on the PHP Chinese website!