This summer is all about altcoins, but both Avalanche (AVAX) and Optimism (OP) investors are yet to see any gains. Meanwhile, Rollblock (RBLK) is all set to become the top DeFi token of 2024 after delivering massive 110% returns to early investors in just stage 5 of its presale!
Bearish Pressure May Lead to an Avalanche (AVAX) Price Crash
Avalanche’s price chart has only seen red over the past week. After recording a monthly decline of 26.25%, Avalanche is currently trading at $20.68. In the past 24 hours, Avalanche’s price has dipped another 2.25%, and its volume has increased by a whopping 31%. With investors losing confidence in Avalanche’s recovery, it’s only a matter of time before profit-taking drives Avalanche’s price even lower.
For now, Avalanche is trading below its 50-, 100-, and 200-day EMAs, suggesting strong bearish pressure. If Avalanche falls below the support at $15.83, it may experience a massive crash down to $4.77 in upcoming months.
Optimism (OP) Stuck in Sideways Trading Pattern
Optimism might be in the top 50 cryptos, but it hasn’t seen any significant growth lately. In the past 30 days, Optimism has shed nearly 25% of its value, bringing the current trading price down to $1.37. Since Optimism is trading below its 50-day and 200-day EMAs, there seems to be strong bearish pressure on the token.
For now, Optimism’s price chart reveals a sideways trading pattern. The key support sits at $1.32, while $1.37 is the crucial resistance. If the bulls manage to break above the resistance, Optimism may see a massive rally that drives the price up to $2 in upcoming weeks.
Bullish Sentiment Drives Rollblock’s (RBLK) Price to the Moon
Rollblock introduces a new GambleFi protocol to crypto enthusiasts, and investors can’t seem to get enough. With nearly $2.2 million already raised during its presale, Rollblock has what it takes to become the next 100x crypto by the end of the year.
AI-powered, Ethereum-backed, and KYC-free are only three reasons why Rollblock is experiencing strong bullish momentum. Traders can access over 150 games on Rollblock’s casino by connecting their wallets and depositing any crypto of their choice. Since Rollblock is a play-to-earn token, all in-game payouts are made using the platform’s native $RBLK.
A key reason Rollblock is expected to outperform established tokens like Avalanche and Optimism is its ingenious profit-sharing strategy. Every week, Rollblock reinvests up to 30% of its casino revenue into open market buybacks of $RBLK. The platform burns half of these tokens forever to ensure that circulating supply never exceeds 1 billion and RBLK’s price remains deflationary over time. The remaining half of the tokens are distributed amongst holders as staking rewards with the highest APYs in the market.
Considering these impressive features, Rollblock’s price is expected to hit 800% gains by the end of the presale stages. For now, Rollblock is in the 5th stage of its presale, with $RBLK selling at a low price of just $0.021. Early investors are already enjoying a 2x yield, and as the GambleFi protocol gains momentum, Rollblock is all set to experience a massive bullish rally in the upcoming weeks.
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://rollblockpresale.io/
Socials: https://linktr.ee/rollblockcasino
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