The rough start is over! Green indicators continue to shoot up confidence, but the once floundering Polkadot price is still in the red

Polkadot has been bearish for a while. In fact, many investors have seen their portfolios bleed 40% over the past six months.

Investors are still wary of Polkadot (DOT) after a rough start to the year. Despite some promising signs of life from Avalanche (AVAX), the once-floundering cryptocurrency is still showing signs of weakness. However, the current outstanding performer is undoubtedly Rollblock (RBLK). The GambleFi protocol has continued raising innovation bars while attracting Polkadot and Avalanche’s investors with its revenue share model and three-figure presale gain.

Polkadot price analysis: Investors wary of DOT’s low buying interest

Polkadot has been bearish for a while now. In fact, many investors have seen their portfolios bleed 40% over the past six months. Polkadot’s dream of a united and interoperable blockchain was alluring, but market uncertainty took a huge toll on its price.

Now, let’s take a closer look at some crucial price points that could impact future DOT price movements.

Polkadot’s price action showed signs of floundering over the past year. Opening 2023 at $32 and hitting an ATH of $55, bearish sentiments and a lack of buying interest saw investors pulling out of the market en masse. As a result, the Polkadot price crashed to $3.6 – 93% below an ATH of $55. Throughout the year, every attempt by the bulls to push DOT above the $4.87 resistance level proved abortive, worsening its monthly drop to 34%.

Avalanche announces partnership with California DMV. Can AVAX break their bear chain from here?

Avalanche has done well this year despite being battered by the bear downturn. AVAX pulled an 80% year-on-year growth before hitting the dip that dropped its price to $17 earlier in August. But Avalanche has recovered above $20.5, a solid 20% uptick in two weeks.

After hitting a local top at $39 in mid-August, bearish sentiments returned, pushing Avalanche to trade within a crucial range. While the bulls aim to push AVAX above the $29.64 pivot, a crucial resistance level could hinder their efforts. On the other hand, the bears will try to keep the price below the demand zone at $16.9 – a breach of this level could see AVAX drop to $12.4.

As we approach the end of 2023, Avalanche is still facing a major hurdle. However, its recent partnership with the California DMV and the state’s integration of the AVAX blockchain for driver’s license and vehicle registration services could be its saving grace. Especially considering how the partnership will enable the Department of Motor Vehicles (DMV) to explore new technological frontiers and improve service delivery.

Presently, AVAX trades at $20.39 and has a market capitalization of $8.1 billion.

Rollblock’s Presale Continues to Raise the Bars with Revenue Share Model

Online gambling is a massive industry, valued at around $465 billion in 2023. However, traditional iGaming platforms often struggle to keep up with the rapidly changing market conditions and technological advancements. As a result, they fail to meet the needs of modern gamblers who now demand more transparency, provably fair gaming, and accessible online gambling experiences.

This is where Rollblock steps in, aiming to revolutionize the iGaming industry by perfectly blending the best of both worlds – centralized and decentralized online gambling. With Rollblock, users can securely place bets on over 150 games, and its foundation on the blockchain ensures more transparency, accessibility, and provably fair gaming.

One thing that has been luring Polkadot and AVAX holders is the sturdy presale performance and value-driven propositions Rollblock offers. In fact, let’s quickly go through some of the key highlights that are bound to capture the attention of any crypto enthusiast.

With Rollblock, users can securely place bets on over 150 games. Its foundation on the blockchain ensures more transparency, accessibility, and provably fair gaming. Another allure is Rollblock’s ecosystem economy and ingenious tokenomics. It features an income-generating RBLK token that offers unbeatable earning opportunities for users.

Moreover, RBLK holders can earn passively via the revenue share program, where 30% of weekly profit is redistributed to players. Interestingly, half of the revenue generated is also used to buy back and burn tokens to improve supply and value for holders.

It doesn’t end there! RBLK holders can also earn money by staking their tokens. Plus, various cashbacks and rewards come with the hold-to-earn model. So, it’s logical that savvy DOT and AVAX investors continue to flock to Rollblock’s presale.

The presale is on fire! It has already raised over $2.2M in liquidity, and over 10,000 subscribers are already on

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