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Homeweb3.0Quant (QNT) and The Graph (GRT) Bulls Trigger Reversals, But Will Bears Maim Their Rallies?

Quant (QNT) and The Graph (GRT) Bulls Trigger Reversals, But Will Bears Maim Their Rallies?

Aug 26, 2024 am 12:22 AM
Viral Crypto The Graph (GRT)Quant (QNT)

Quant (QNT) and The Graph (GRT) are both seeing bullish momentum today, but technical indicators suggest that they may succumb to the bears soon.

Quant (QNT) and The Graph (GRT) Bulls Trigger Reversals, But Will Bears Maim Their Rallies?

Quant (QNT) and The Graph (GRT) are both seeing bullish momentum today, but technical indicators suggest that they may succumb to the bears soon. However, investors are jumping ship to Rollblock’s (RBLK) crypto-native casino that shows 100-1000x gains potential by the end of this year.

Quant (QNT) Bulls Trigger a Reversal

Quant’s price has only seen green over the last seven days by recording 11.58% gains. After another intra-day surge of 2.71%, Quant is currently trading at $68.66. Given the 1.57% uptick in volume and positive community sentiment, Quant may experience a rally in the upcoming weeks.

But technical indicators on the 4-hour chart suggest that QNT’s bullish trend may be coming to an end soon. Despite breaking above the 50-, 100-, and 200-day EMAs on the 4-hour chart, the MACD and Momentum Indicator both suggest that bear pressure is building up. If the bears manage to push Quant’s price below the support at $66.88, the token could fall to $60.68 soon.

The Graph (GRT) on the Highway to Top 50s

The Graph is on a similar growth trajectory as Quant after an intra-day surge of 5.54% that has pushed The Graph’s price up to $0.1624. The Graph’s market cap is currently at $1.55 billion, making it the 51st largest crypto in the market. If this bullish momentum persists, The Graph may break into the Top 50 cryptos soon.

But technical indicators on the GRT/USD 4-hour price chart suggest that the bears may take over soon. Despite trading above its 50-, 100-, and 200-day EMAs, The Graph’s RSI is close to the overbought zone, indicating a potential correction in the upcoming days. However, the MACD and Momentum Indicator are still bullish, suggesting that there is still room for further upticks.

Rollblock’s (RBLK) Crypto Casino is the Future of Online Gambling

Online gambling was once plagued with issues like lack of security and transparency, but Rollblock’s crypto casino has completely changed the game. By combining elements of decentralized and centralized gambling on the Ethereum blockchain, Rollblock’s casino is set to disrupt the $450 billion global gambling industry.

Rollblock’s presale was launched in 2024, and the token has been on an explosive growth trajectory ever since. In just 3 months, Rollblock’s GambleFi project has raised nearly $2.5 million with over 10K early investors.

The reason behind such explosive growth is Rollblock’s commitment to its community. Rollblock boasts a unique revenue-sharing scheme that allows investors to become liquidity providers in the Rollblock ecosystem. By using up to 30% of casino revenue to purchase the platform’s native $RBLK on the open market, Rollblock rewards current investors with huge staking rewards that have up to 30% APY. Half of the repurchased tokens are also burned forever to ensure that $RBLK’s price remains deflationary.

Since no virtual casino is complete without robust security measures, all bets and transactions made on Rollblock’s casino are fast, immutable, and encrypted on the Ethereum blockchain. The signup process has no KYC checks, making it easy for new traders to join Rollblock and start winning huge payouts.

Rollblock is currently selling at a low price of only $0.021 during stage 5 of its presale. According to top market analysts, Rollblock investors can expect RBLK to rally 100-1000x in just a few months’ time, with a major price surge expected within the next few days.

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

Website: https://rollblockpresale.io/ Socials: https://linktr.ee/rollblockcasino

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