Litecoin is testing the critical $72 resistance again while XRP is still facing a mixed market sentiment with high selling pressure and optimistic future predictions. Meanwhile, savvy traders are investing in Rollblock’s viral crypto casino project before the price skyrockets by 880% by the end of RBLK’s presale stages.
Litecoin (LTC) Price Movement Hints at Potential Rally in Q4’s Bull Market
Litecoin’s price has been on a steady uptrend over the last few weeks despite facing a minor correction after testing the $72 resistance. Since more Litecoin holders have long positions than short ones, analysts believe Litecoin’s price could experience a massive rally during Q4’s bull run.
Litecoin is currently trading for $72.53 after a 2.67% intra-day increase. Litecoin’s volume has also increased by 34.11% over the last 24 hours, suggesting an increase in buying activity. Since Litecoin is trading above all of its Simple Moving Averages on the LTC/USDT daily chart, analysts suggest that Litecoin’s price could test the critical $77.89 resistance in the next few days.
XRP Prepares for Gains in Q4 Despite Legal Troubles
XRP has been trading within a narrow range for the past few weeks as Ripple faced new lawsuits in its legal battle with the US Securities and Exchange Commission. Since XRP has been consolidating within a large symmetrical triangle, market experts suggest that XRP’s price could experience a massive breakout in the upcoming weeks.
XRP is currently trading for $0.5265 after an intra-day surge of 1.75%. XRP’s volume has also increased by 38.51% over the last 24 hours which could be suggesting increased selling pressure as XRP’s short holders book profits. Since XRP’s Momentum Indicator is already flashing buy signals, XRP could break above its critical 100-day Simple Moving Average at $0.5654 within the next few days.
Rollblock’s (RBLK) GambleFi Casino Attracts Traders with Highest APYs in the Market
Rollblock (RBLK) is already emerging as the leading DeFi token of 2024 as the platform’s presale draws closer to the big $5 million milestone. Since Rollblock offers a massive selection of casino games with Ethereum-backed security, traders are rushing to invest in Rollblock’s presale before the price skyrockets by 100x on launch day.
The reason why Rollblock is attracting investors at rapid speeds is the platform’s commitment to user experience and security. Instead of offering sub-par security protocols or relying on third-party applications, Rollblock’s GambleFi casino is fully backed on Ethereum’s immutable blockchain. This means every financial transaction or bet placed on Rollblock’s casino is automatically encrypted and immune to third-party manipulations like bet fixing or data leaks.
Since Rollblock’s casino is powered by the platform’s native RBLK token, traders can also earn a significant passive income by adding RBLK tokens to their staking portfolios. With Rollblock’s revenue-sharing model, the platform uses up to 30% of its weekly casino revenue to purchase more RBLK tokens on the open market. These tokens are then split into two categories: 40% are distributed as rewards with the highest APYs in the market, and the remaining 60% are burned forever to keep RBLK’s price trend deflationary.
Even with these attractive features, Rollblock is still selling tokens for a low price of only $0.032 each during stage 7 of its presale. Since Rollblock’s demand is skyrocketing in Q4, analysts are already projecting a new all-time high for RBLK by the end of this week.
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