Home >web3.0 >Injective (INJ) and Uniswap (UNI) Show Signs of a Bullish Breakout, but Savvy Traders Are Switching to Rollblock (RBLK) Presale that has Already Rallied by More than 200%

Injective (INJ) and Uniswap (UNI) Show Signs of a Bullish Breakout, but Savvy Traders Are Switching to Rollblock (RBLK) Presale that has Already Rallied by More than 200%

Mary-Kate Olsen
Mary-Kate OlsenOriginal
2024-10-06 10:04:14973browse

Injective's daily on-chain addresses surged by a staggering 2,000% after surpassing 1 billion transactions, hinting at increased interest in the

Injective (INJ) and Uniswap (UNI) Show Signs of a Bullish Breakout, but Savvy Traders Are Switching to Rollblock (RBLK) Presale that has Already Rallied by More than 200%

Injective’s (INJ) daily on-chain addresses surged by a staggering 2,000% after recently surpassing 1 billion transactions on its Layer-1 blockchain. As we approach Q4 and traders begin to anticipate a bull market, this recent activity could indicate increased interest in the Injective chain.

In other news, Injective recently announced its new INJ 3.0 upgrade. Among other things, this upgrade introduces a massive 400% increase in token burns, making Injective one of the most deflationary crypto assets in the market today.

However, despite these positive blockchain developments, INJ is currently trading down 10.40% in the past 24 hours and is priced at $19.26. This recent decline in Injective’s price follows a steep plunge in Bitcoin, which is also impacting the broader crypto market.

As we can see, traders are largely optimistic about Injective, with 89% of the community remaining bullish on INJ. This bullish sentiment is also supported by Injective’s RSI, which is drawing closer to the neutral level at 50. According to analysts, this movement suggests that Injective may test the $20.66 resistance in the coming weeks.

Uniswap (UNI) Investors May Be Anticipating a Bullish Breakout

On October 2nd, Uniswap’s exchange inflows hit a new high of 893,000, which is typically considered a bearish signal. However, interestingly, 67% of Uniswap holders on Binance have taken long positions. This bullish activity among Uniswap investors might lead to a massive breakout in the coming weeks.

As for Uniswap’s price movements, UNI is currently trading down 5.29% in the past 24 hours, and is priced at $6.56. Despite this bearish decline, community sentiment is still bullish, with 81% of UNI holders not ready to sell out just yet.

A mixed signal is emerging from Uniswap’s daily chart, but its RSI is moving upwards, suggesting that traders might be buying the ongoing dip. If buying pressure picks up, Unisopu (UNI) could rise to the $7.37 resistance during a potential trend reversal.

Investors Flock to Rollblock’s (RBLK) Presale, Hitting New All-Time Highs Every Week and Promising Substantial Gains in Q4

Since its launch a few months ago, Rollblock (RBLK) has been soaring through its presale stages, hitting new all-time highs every week and setting the GambleFi project up for even bigger gains in Q4. As Rollblock’s official launch draws closer, analysts are optimistic about the platform’s native $RBLK utility token reaching the $1 milestone amidst Q4’s bull market.

In essence, Rollblock is bringing the fun back to trading by launching a crypto-native casino that is powered by Rollblock’s native $RBLK. On Rollblock’s casino, you can play 7,000 AI-powered games to accumulate more $RBLK tokens in your portfolios.

Oh, and the best part? Rollblock is committed to user privacy and allows new traders to sign up without any cumbersome KYC checks. Connect your crypto wallets, make a deposit, and start enjoying a variety of casino classics and new Web3-powered games on Rollblock’s casino.

But wait, there’s more! If you’re looking for a way to earn a substantial passive income, look no further than Rollblock. Thanks to Rollblock’s revenue-sharing model, you can earn a consistent income by becoming a liquidity provider within the Rollblock ecosystem.

As if that’s not enough, Rollblock also repurchases $RBLK tokens on the open market to distribute rewards with attractive APYs of up to 30%. And with the platform’s deflationary tokenomics, traders can benefit from the销毁 of $RBLK.

For now, Rollblock has entered stage 7 of its viral presale, and it’s selling out in record time. While RBLK tokens are currently available for a low price of only $0.03, analysts are already hinting at a huge 100x surge in 2025.

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

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

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