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RBLK Token With 100x Tag Defies Market Red Woes, Too Hard to Ignore For XRP And SHIB Backers

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2024-09-05 15:23:131144browse

As Q3 comes to a close, bullish momentum appears to be taking over. Tokens like XRP and Shiba Inu may have been on a downtrend lately, but their charts are now showing bullish potential.

RBLK Token With 100x Tag Defies Market Red Woes, Too Hard to Ignore For XRP And SHIB Backers

As the third quarter of 2023 draws to a close, the cryptocurrency market appears to be experiencing a bullish momentum, with several tokens showing promising signs of an uptrend.

While XRP (XRP) and Shiba Inu (SHIB) have faced a downtrend in recent times, their charts now indicate potential for a bullish breakout. XRP’s price has been trading within a bearish channel for the past few months. However, it has finally encountered a resistance level at $0.5650, indicating a potential breakout from the channel.

This bullish momentum is further supported by a 2.14% intra-day surge, pushing XRP’s price up to $0.5666. This surge coincides with a 62.87% uptick in XRP’s trading volume, suggesting increasing interest among investors in XRP’s future price movements.

According to XRP’s price chart, a successful breakout from this resistance level could lead XRP to use it as a support in the upcoming days. XRP is currently trading above its 100-day and 200-day EMAs, and its MACD line is also positioned above the signal line. This bullish formation indicates a potential uptrend, with XRP aiming to reach the $0.60 level in the next few days.

Shiba Inu’s price experienced a decline of 6.75% last week as the market observed traders shifting their attention away from memecoins and towards tokens that offered better performance.

However, that decline appears to have come to an end, as Shiba Inu recorded an intra-day surge of 3%, pushing Shiba Inu’s current price up to $0.00001366. Although Shiba Inu is still trading below its 50-day EMA on the daily chart, it is gradually gaining momentum on the 2-hour and 1-hour charts.

If Shiba Inu’s MACD can maintain its position above the signal line and the RSI remains neutral, Shiba Inu can attempt to challenge the $0.00001637 resistance.

100x cryptos are a rare occurrence, but when experienced traders identify one, they eagerly invest in it. This sentiment surrounds Rollblock’s ($RBLK) new GambleFi protocol, which features a crypto-native casino, the blockchain security of Ethereum, and substantial revenue-sharing rewards.

The casino has experienced remarkable growth since its launch, which is evident in its massive 140% rally from the initial presale price. Rollblock has now raised over $3M in presale thanks to its dedication to transparency, anonymity, and security.

Because all transactions and bets made on Rollblock are automatically encrypted on Ethereum’s blockchain, Rollblock users can gamble without worrying about manipulation, bet fixing, or phishing.

150+ AI-powered games are available at Rollblock’s casino, all of which are built on the latest Web3 technology. Analysts are already predicting 100x gains for Rollblock as soon as the platform’s native $RBLK hits the open market, thanks to this cutting-edge technology.

Aside from in-game payouts and trading, Rollblock’s native utility token offers staking rewards for long-term holders and tiered VIP bonuses for early investors. Rollblock’s revenue-share scheme has the platform repurchase $RBLK on the open market and distribute half of these tokens as staker rewards.

The remaining half of the tokens are permanently burned to reduce RBLK’s circulating supply and maintain the hard cap of 1 billion.

Given these deflationary tokenomics, Rollblock’s price is anticipated to increase by 800% by the conclusion of the presale stages. Currently, Rollblock is about halfway through stage 6 of the presale, with tokens selling for as little as $0.024.

Explore the Incredible Possibilities of the Rollblock (RBLK) Presale Today!

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