Avalanche (AVAX) Is Gearing up for a Major Rally as Indicators Have Started Flashing Green Again

Meanwhile, investors are speculating on which project between Dogecoin or the crypto casino Rollblock will first reach $1.

Crypto markets have shown signs of recovery following last week’s sell-off, with several projects now gearing up for the next wave of gains. Among them, one project has managed to defy the downtrend and continue posting gains.

Crypto markets have seen a rough start to 2024, with a sell-off on Monday, March 18, causing traders to panic. However, the markets have since shown signs of recovery, and several projects are now gearing up for the next wave of gains. Among them, one project has managed to defy the downtrend and continue posting gains.

Avalanche (AVAX) is currently preparing for the next leg up, and some analysts have made bold projections for Dogecoin (DOGE) and a new crypto casino project called Rollblock (RBLK). Here’s what investors can expect.

Crypto Expert Has A Bold Prediction For Avalanche

Renowned trader Alan Santana has recently shared his bullish outlook on Avalanche, drawing parallels between its price action and that of Bitcoin just before the latter began its exponential surge in late 2023. According to Santana, Avalanche is currently consolidating before the next massive upward move.

"Avalanche is now setting up for a huge move, and I think it could rally 200% from here. The $382 projection for Avalanche comes from the extension of the Fibonacci levels from the bear market bottom to the 2021 all-time high. If this plays out, we’ll see Avalanche hit $382 before the next bear market."

Avalanche saw a decent 19% rebound from the $18 floor that was tapped during last Monday’s crash. Currently, Avalanche sells for $21.49 and is currently ranging around that mark. Avalanche’s trading volume has also increased, suggesting a build-up of bullish momentum.

"Avalanche is now showing signs of strength on the lower timeframes. We saw a bullish engulfing candle on the 4-hour chart, and the RSI is also indicating a bullish divergence. I’m expecting another leg up soon."

Investors are now keeping a close eye on Avalanche’s movements, especially since the recent sell-off in the markets. If Avalanche manages to rally 200% from the current price, it will reach $382 before the next bear market. This projection is based on the extension of the Fibonacci levels from the bear market bottom to the 2021 all-time high.

Dogecoin Consolidation Continues But So Far No Signs Of Breakout

Onchain analysis is showing that whales are increasing their Dogecoin positions. Dogecoin’s price, however, is still caught in a narrow channel that hovers around the $0.10 mark. Dogecoin saw a strong rebound from the $0.08 bottom, with a 20% increase.

"We saw a strong bullish divergence on the Dogecoin 1-day chart, and the whales are also accumulating. But despite these bullish signs, Dogecoin is still trading within a tight range around $0.10."

Investors are now wondering whether Dogecoin will finally break out of this channel and begin trending upwards. Key resistance is present at $0.11, and if it’s cleared, we could see a quick movement towards the $0.15 – $0.20 range.

Analysts are confident that once the $0.11 resistance is cleared, Dogecoin could start trending upwards. Given that in the last bull market, Dogecoin peaked at $0.73 a $1 projection at this point feels like a guarantee during the next cycle top. That said, Dogecoin now faces more competition which could limit its returns.

Rollblock’s Mission: Dominate GambleFi

Among the new projects that are gearing up for massive gains, one project has managed to defy the downtrend and continue posting gains. The project in question is a crypto casino called Rollblock (RBLK).

"I’ve been following Rollblock since launch, and I must say, I’m impressed with how quickly it’s growing. The token has already reached a new ATH, and the presale is selling out fast."

Rollblock’s native token, RBLK, has taken the market by storm with its resilience during some of the most severe market downtrends of the past few months. At the time of writing, RBLK has reached a new ATH of $0.0205, marking a 125% increase since launch, while the ongoing presale is approaching $2.5 million in raised funds at record speed.

"Rollblock’s crypto casino merges DeFi and TradFi gambling into the ultimate user experience. It’s also fully licensed in Curacao, which adds another layer of trust."

Rollblock is firmly committed to ensuring transparency and safety, holding user trust in the highest regard. It does this by leveraging blockchain technology, which removes any possibility of altering bets once they are placed since

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