Filecoin could experience a rally after completing the current correction phase while Litecoin is already hinting at a possible breakout in upcoming weeks. Meanwhile, Rollblock’s new GambleFi project is dominating the altcoin market by raising nearly $5 million during its presale already.
Filecoin (FIL) to Experience Steep Correction Before Resurgence
Filecoin is attracting more activity on its network by hosting more than 60 projects that focus on decentralized storage and AI. Since Filecoin’s price recently dropped below the critical support at $3.70, analysts are expecting a steeper decline for Filecoin before a possible resurgence in Q4.
Filecoin is currently trading for $3.71 after a small intra-day increase of 0.90%. Filecoin’s volume has decreased by 23.62% over the last 24 hours which typically suggests that investors are losing confidence. Since Filecoin is still trading below its key Simple Moving Averages on the daily chart, Filecoin’s price is expected to crash to the $3.20 support in the next few weeks. If Filecoin’s buying activity increases, the token’s price could rise to $3.90 after completing the current correction.
Litecoin (LTC) Flashes Signs of a Possible Breakout
Litecoin is forming a symmetrical triangle on the LTC/USDT price chart which is typically considered a breakout signal. Since Litecoin recorded an impressive $4 billion worth of transactions over a 24-hour period in mid-October, analysts believe Litecoin’s demand will increase even more as network activity rises. Litecoin’s price has held its ground above $60 since September which is an optimistic market signal.
Litecoin is currently trading for $71.58 after an intra-day increase of 2.87%. Litecoin’s volume has decreased by 10.53% over the last 24 hours as selling activity cools down. Since Litecoin’s MACD has formed a crossover with the signal line, Litecoin’s price is expected to test the critical $78 resistance in the next few weeks.
Rollblock (RBLK) Attracts More Investors with 20% Signup Bonus
Rollblock’s GambleFi project has already proven its 100x potential by raising nearly $5 million during its explosive presale. By combining the best features of decentralized and centralized gambling on its new crypto-native casino, Rollblock is disrupting the entire online gambling market which is valued at $500bn per annum. If Rollblock’s upward trajectory continues in the next few weeks, analysts are expecting RBLK’s price to record several new all-time highs before the end of 2024.
The reason why traders and high rollers are rushing to Rollblock’s crypto-native casino is the platform’s Ethereum-backed security. Instead of relying on subpar security measures like traditional iGambling platforms, Rollblock is prioritizing the security of its users by encrypting every financial trade directly on Ethereum’s immutable blockchain. This means that once a bet is placed on any of Rollblock’s 7000+ AI-powered casino games, it is completely unchangeable and immune to hacks.
Rollblock is also seeing a huge influx of new investors due to its attractive bonuses and rewards. When a new trader signs up, Rollblock gives them a massive 20% RBLK token bonus to kickstart their online gambling journey. As traders become long-term liquidity providers in Rollblock’s ecosystem, they can start receiving passive income in the form of staking rewards with up to 30% APY.
Currently in stage 7 of its presale, Rollblock is selling its native RBLK token for a low price of only $0.0318 each. Since analysts are expecting RBLK’s price to climb as high as $0.035 by the time Rollblock enters its presale stage 8, now is the ideal time to invest in this explosive altcoin ahead of the upcoming bull run in Q4.
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Website: https://rollblockpresale.io/
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Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.
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