Polygon is experiencing low trading activity as the token cools down after its exponential rally. Meanwhile, Algorand’s price is also in the red zone today as the token’s RSI entered overbought levels.
Since Rollblock is still in presale and remains unaffected by market trends, the new GambleFi project is all set to record a new all-time high price before the end of this week.
Polygon (POL) Experiences Low Network Activity During Ongoing Correction Period
Polygon’s price has shown exceptional growth over the last 30 days by recording a massive 150% jump. During this rally, Polygon’s price moved from $0.29 to $0.75 before establishing stable support at $0.71. Although Polygon is still far below its 2021 peak of $2.92, analysts believe Polygon could continue its uptrend after completing the ongoing correction period.
Polygon is currently trading for $0.7154 after an intraday increase worth 3.33%. Polygon’s volume has dropped by 39.76% over the last 24 hours which typically suggests low network activity. Since Polygon’s RSI has already stepped out of the overbought zone, analysts expect Polygon to record up to 15% more gains before the end of Q4.
Algorand (ALGO) Price Crashes After Exponential Rally
Algorand’s price is facing a massive crash after recording 340.33% gains during the last 30 days. Since Algorand broke out of its long-term resistance pattern and reached a 938-day high on December 3rd, analysts believe that Algorand’s rally will continue after the brief correction. If the uptrend continues, Algorand could record a new all-time high price above the $0.73 resistance.
Algorand is currently trading for $0.472 after an intraday decrease of 13.88%. Algorand’s volume also decreased by 56.23% during the same period which suggests low buying activity. Since Algorand’s RSI is still in the overbought zone, analysts believe Algorand is likely to record a steeper decline towards the $0.3444 support before experiencing a resurgence.
Rollblock (RBLK) Leads Q4’s Altseason Rally with Skyrocketing Presale Demand
Rollblock is recording new highs every week during its viral presale stages. Since Rollblock is bringing fun and excitement back to the obsolete world of crypto trading, analysts expect Rollblock to dominate Q4’s altseason by recording up to 880% gains before the end of its presale.
Since Rollblock is still in its presale stages, the platform is giving new traders the perfect opportunity to enter the market at a low price point. Aside from being a utility token, Rollblock also has a massive gaming library with 7,000+ AI-powered games where traders can win more RBLK tokens. Since user security and privacy is a huge concern in the iGambling space, Rollblock has integrated Ethereum’s latest blockchain technology to encrypt all financial data on-chain. This means traders can experience a hassle-free and provably fair gambling experience on Rollblock that is not available on traditional iGambling platforms.
Aside from gaming, Rollblock also offers huge rewards to its long-term liquidity providers. With Rollblock’s revenue-sharing model, long-term investors can earn weekly staking rewards with up to 30% APYs through a buyback and token burn mechanism. Since these mechanisms also increase Rollblock’s demand on the open market and keep the circulating supply low, RBLK’s price is likely to follow a deflationary trend over time.
Considering these features, it is no surprise that Rollblock investors have already pushed the token’s price up by 270% during its presale stages. Although RBLK tokens are currently selling for just $0.037 each, analysts are already expecting the token to reach its next price target at $0.041 before the end of this week.
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://presale.rollblock.io/
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