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Pre-Q4 Market Analysis Shows Rollblock (RBLK) Presale See Explosive Success as ADA and ONDO Succumb to Bearish Pressures

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Release: 2024-08-19 15:15:12
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With Q4 right around the corner, traders want to know which cryptos will experience explosive growth before the end of the year.

Pre-Q4 Market Analysis Shows Rollblock (RBLK) Presale See Explosive Success as ADA and ONDO Succumb to Bearish Pressures

As Q4 begins, traders are eager to identify cryptos poised for explosive growth before year-end. While Cardano (ADA) and Ondo (ONDO) experience bearish trends, Rollblock's (RBLK) crypto casino has generated substantial gains for early investors. Here's an analysis of each crypto's performance and key takeaways for investors.

Cardano (ADA) Succumbs to Bearish Pressure Despite Top 10 Ranking

Cardano, currently ranked among the Top 10 cryptos, has faced significant price drops since July. At press time, ADA showcases a massive intra-day decline of 4.26%, trading at $0.324. This price downturn comes as a surprise to many, given ADA's strong presence in the crypto market.

However, technical indicators reveal a bearish trend for Cardano. The token trades below its 50-, 100-, and 200-day EMAs, with a technical analysis indicating a strong sell signal. Furthermore, Cardano's RSI of 36.6 suggests there's potential for steeper declines before a possible trend reversal.

Ondo (ONDO) Might See Steeper Declines Before Resurgence Despite Recent Drops

In the past 30 days, Ondo has seen a steep decline of 36.41% in its value, bringing the current trading price down to $0.6926. Investors are losing confidence in Ondo's recovery, especially considering the massive intra-day decline of 5.63%.

According to the ONDO/USD price chart, Ondo is currently trading below its 50 and 200-day EMAs. For now, Ondo's crucial support sits at $0.602. If breached, ONDO could see steeper declines to $0.1975 in upcoming weeks.

Rollblock (RBLK) Presale Continues to Generate Impressive Gains for Early Investors

Since its launch, Rollblock's presale has seen continuous wins. By combining the best aspects of centralized and decentralized gambling, Rollblock offers an immersive casino experience that makes players feel like they're back in Vegas.

Early investors are already enjoying 105% gains, and if this momentum persists, Rollblock is set to deliver 100x gains before it hits the open market. Rollblock's play-to-earn GambleFi protocol is backed on the Ethereum blockchain, making it immune to third-party manipulation, hacking, and bet fixing.

Rollblock also aims to bring transparency and trust back to online gambling by removing the need for KYC checks. New players can sign up at Rollblock's casino by connecting their crypto wallet and depositing over 20+ cryptocurrencies. For a limited time, Rollblock is offering a 100% deposit bonus, up to a whopping $500 to new players.

The best part about investing in Rollblock's crypto-native casino is the reward-sharing mechanism. Through this scheme, Rollblock purchases $RBLK tokens on the open market using its casino revenue. While half of the tokens are burned to keep supply scarce, the remaining are distributed to current holders as staking rewards with up to 30% yield.

Since Rollblock's supply is hard capped at 1 billion tokens, $RBLK's price is expected to follow a deflationary trend over time. Currently in stage 5 of presale, Rollblock's native $RBLK is selling at just $0.0205. Given Rollblock's explosive demand, this price is expected to rally and hit a new ATH by the end of next week, making now the perfect time to invest in Rollblock.

Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!

Website: https://rollblockpresale.io/

Socials: https://linktr.ee/rollblockcasino

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