Chainlink investors are bracing themselves for steeper declines in upcoming weeks, but Aave is picking up momentum and showing signs of a bullish reversal. Amidst this uncertainty, savvy traders are betting on Rollblock’s GambleFi protocol, which is poised for 800% gains by the end of its presale.
Chainlink (LINK) Could Crash to Single Digits
Even with an altcoin season ahead, Chainlink has recorded 11.8% losses over the past seven days. After a minor 0.74% uptick that was caused by a surge in Chainlink’s 24-hour trading volume, Chainlink’s current trading price is down to $10.70. Since Chainlink is trading below its moving averages on the daily chart, analysts suspect steeper declines in upcoming weeks.
Chainlink’s price to Daily Active Addresses (DAA) divergence also stands at -56.35% right now, which is a strong bearish signal. As Chainlink’s RSI plunges deeper below the neutral level, a price correction is unlikely unless Chainlink’s investor interest picks up. For now, Chainlink has fallen below its $11.1 pivot and is nearing the $9.5 support.
Is Aave (AAVE) Seeing a Bullish Reversal?
Aave recorded 5.90% losses over the past seven days, but analysts believe a reversal may be in the making for Aave. Aave is currently trading at $123.79 after a minor intra-day decline of 0.83%. Given the 23.86% uptick in Aave’s trading volume, investors may be regaining interest.
Despite the recent declines, Aave has broken above its moving averages on the daily chart, hinting at a potential reversal. Even though Aave’s MACD is still below the signal line, Aave’s RSI is pushing upwards from the neutral range which is a bullish indicator. If Aave breaks above the $124.93 pivot, it may head towards the $144.51 resistance soon.
Rollblock ($RBLK) Offers 30% APY with Unique Revenue Share Model
Rollblock has been breaking records ever since its launch and has raised over $3 million in a few months. As this new play-to-earn GambleFi token picks up momentum, analysts project an 800% surge by the end of its presale stages.
While traditional iGambling platforms rely on mediocre security protocols and third-party cryptos, Rollblock changes the game with its Ethereum-backed casino and native $RBLK utility token. On Rollblock, users can enjoy a worry-free gambling experience as the platform is immune to data leaks and manipulation.
Rollblock’s casino is fully audited and regulated by Solid Proof and Gaming Curacao, and already hosts 150+ AI-powered games. To further enhance user experience, Rollblock’s casino has no KYC checks and plans to add a sports betting feature.
Rollblock also shares up to 30% of its revenue with current holders. On a weekly basis, Rollblock uses revenue to repurchase $RBLK on the open market. Half of these tokens are burned and the other half are used for staking rewards.
Even with these groundbreaking features, Rollblock is still selling tokens at a low price of only $0.024 during stage 6 of its presale. Since demand has been surging through the roof, analysts project another price jump for Rollblock within the next few days.
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://rollblockpresale.io/
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