Bitcoin and Ethereum Nosedive Further, New ERC20 Altcoin Provides a Welcome Refugee

Bitcoin and Ethereum may be the biggest tokens in the market, but even they are losing to Rollblock’s explosive success. While Bitcoin and Ethereum remain bearish on daily charts, Rollblock has recorded 150% gains during presale with a new all-time high expected this week. 

Is Bitcoin (BTC) Expected to Rally?

Bitcoin was poised for big gains in Q4, but it hasn’t reached that bullish stage yet. After recording 5% losses over the past week, Bitcoin’s price has recovered by 2.06% today. Even this minor rally couldn’t trigger big changes as Bitcoin currently trades at $55,273.58. 

Bitcoin’s current technical analysis also shows mixed signals and extreme price volatility. On the BTC/USD daily chart, Bitcoin seems to be under a bearish hold as it trades below the 50-, 100-, and 200-day EMAs. However, with Bitcoin’s RSI trending downwards, there may be hope for a reversal soon. 

Ethereum (ETH) Price Remains Sluggish

Ethereum’s price has depreciated 8.26% over the past seven days, leaving investors questioning Ethereum’s future. But after an intra-day increase of 1.76%, Ethereum’s price has surged up to $2,310.48. Unfortunately, this uptick may be caused due to investors booking profits as Ethereum’s trading volume is also up by 35% today. 

Even Ethereum’s daily chart isn’t looking very optimistic as the token trades below its 50-. 100-, and 200-day EMAs. The only glimmer of hope left now is Ethereum’s MACD line trading above the signal line, which often signals a reversal. If buying pressure increases, Ethereum may rise to the $2,623 resistance. If not, Ethereum could fall to a critical low at $1,497 in upcoming weeks. 

Investors Turn to Rollblock’s GambleFi Protocol in Hopes of Huge Returns

The new generation of gamblers has been looking for the most provably fair gambling in the market, and Rollblock’s GambleFi protocol is emerging as the Holy Grail for crypto-based high rollers. Although the $500 billion global gambling industry was once plagued with security and anonymity issues, Rollblock’s crypto-native casino model offers a simple solution with its Ethereum-backed security. 

While traditional online gambling has several entry barriers, Rollblock makes it easy for new traders to hit the tables with no KYC checks or additional fees. Instead of providing sensitive data, users can directly connect their crypto wallets and deposit a cryptocurrency to gain instant access to Rollblock’s 150+ AI-powered games. 

As they play and win, traders can add more $RBLK to their portfolios. These tokens can either be used to access some exclusive games in the casino, or they can be staked in exchange for weekly staking rewards. Every week, Rollblock uses up to 30% of its casino revenue to repurchase $RBLK on the open market. Half of these tokens are distributed to holders as staking rewards, and the remaining half is removed from Rollblock’s circulating supply through an ingenious token-burn mechanism. 

Since Rollblock’s supply is hard-capped at 1 billion, analysts expect RBLK’s price to explode even further as soon as the token hits the open market. For now, Rollblock is selling at $0.025, and analysts are talking about a new all-time high before the end of this week. Even before the presale ends, Rollblock’s early investors are expected to enjoy massive 800% gains. 

Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!

Website: https://rollblockpresale.io/

Socials: https://linktr.ee/rollblockcasino 

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Disclaimer: This is a sponsored press release for informational purposes only. It does not reflect the views of Times Tabloid, nor is it intended to be used as legal, tax, investment, or financial advice. Times Tabloid is not responsible for any financial losses.