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TON and UNI Struggle to Escape Bearish Pressure, While RBLK GambleFi Protocol Explodes in Popularity

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Release: 2024-08-24 21:16:11
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Despite bulls trying to trigger rallies, Toncoin and Uniswap are both struggling to escape bearish pressure. Meanwhile, Rollblock is experiencing massive growth during the fifth stage of its viral presale, with the $RBLK utility token soaring to new highs every week.

TON and UNI Struggle to Escape Bearish Pressure, While RBLK GambleFi Protocol Explodes in Popularity

Toncoin (TON) might be among the top 8 cryptocurrencies by market capitalization, but its price has been on a continuous downtrend. Toncoin is currently trading at $6.55 with a 2.55% intra-day loss. Considering the 41.23% surge in Toncoin’s volume, there might be a sell-off brewing.

Toncoin is trading below its 50-day and 100-day EMAs on the TON/USD daily chart. Moreover, the RSI on the daily, 4-hour, and 2-hour price charts is rapidly declining. This indicates that Toncoin is facing strong bearish pressure, leaving room for steeper declines. If Toncoin falls below the pivot at $6.74, it could trigger a profit-taking sentiment, driving Toncoin’s price down to $4.34 in the coming weeks.

Uniswap (UNI) Might Be Recovering from Recent Losses

Uniswap has seen a 13.44% loss over the past month, but investors are still optimistic about a potential recovery. Uniswap is currently trading at $6.93 after an intra-day surge of 7.54%. Considering the massive 101.71% surge in 24-hour trading volume, investors are showing interest in Uniswap despite the neutral community sentiment.

For now, Uniswap is trading below its 50-, 100-, and 200-day EMAs on the UNI/USD daily chart. The Momentum Indicator and Bull Bear Power Indicator are both showing bearish signals. While Uniswap has gained momentum on the 4-hour chart, it remains to be seen whether Uniswap will sustain its growth or succumb to bearish pressure.

Analysts Anticipate an Explosion in Rollblock’s (RBLK) GambleFi Protocol

As Uniswap and Toncoin investors await their tokens’ resurgence, astute investors are already pivoting to Rollblock’s (RBLK) stellar presale offering. Rollblock’s AI-powered GambleFi ecosystem has been disrupting the $450 billion global gambling industry since the initial stage of its presale. If this momentum continues, market experts anticipate an 800% rally for RBLK before the presale ends.

By integrating Ethereum’s blockchain technology with the outdated iGambling model, Rollblock is transforming the perception of online casinos. Through the latest blockchain tech, Rollblock’s crypto-native casino boasts fast transaction speeds, huge payouts, and fully transparent betting history.

Rollblock’s casino currently features a wide range of immersive games, from classics like roulette and blackjack to new Web3-based games like GeMerge and Keno. Additionally, Rollblock hosts exciting giveaways and exclusive events on its official Discord channel to provide players with an authentic Vegas-like gambling experience.

Beyond these in-game features, users can also purchase and stake the native $RBLK utility token to earn a risk-free passive income. Each week, Rollblock distributes its casino revenue to holders by repurchasing $RBLK on the open market and allocating these tokens to investors as staking rewards with up to 30% yield.

Rollblock’s $RBLK is available for purchase at a low price of $0.021 in stage 5 of its presale. Given that this price has already surged by 121%, analysts are projecting a total ROI of over 800% during the presale alone.

Explore the Stellar Opportunities of the Rollblock (RBLK) Presale Now!

Website: https://rollblockpresale.io/ Socials: https://linktr.ee/rollblockcasino

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