Algorand and Theta Network are both seeing steep declines as these tokens head deeper into bearish territory ahead of Q4’s bull run. Meanwhile, Rollblock ($RBLK) has raised over $3M in presale with its groundbreaking GambleFi protocol.
Algorand (ALGO) Faces Volatility After 10.55% Weekly Losses
Algorand has seen lower lows over the past seven days that totaled up to 10.55% losses. With a 2.71% recovery today, Algorand’s current trading price is $0.1238. However, Algorand’s 24-hour trading volume is still up by 31.9%, suggesting that investors are booking profits.
Algorand is under strong bearish pressure as the token trades below its moving averages on the ALGO/USD daily chart. The bearish dominance is further confirmed by Algorand’s Momentum Indicator and MACD line both flashing sell signals. If bearish dominance persists, Algorand’s price may crash to $0.0956. If there’s a bullish correction, Algorand may test the nearest resistance at $0.1498.
Theta Network (THETA) in Bearish Territory
Theta Network only traded in the green for a brief period over the past 30 days, but after an intra-week plunge of 15.59%, Theta Network’s future isn’t looking very bright. Theta Network is currently trading at $1.18 with a minor intra-day surge of 0.53%.
According to the daily chart, Theta Network is trading below its 50-day EMA at $1.3134 which is also acting as the nearest resistance. With Theta Network’s RSI trending downwards, the token may see steeper declines in upcoming weeks. For now, Theta Network’s MACD line is also below the signal line, hinting at bearish dominance. If the bears gain dominance, Theta Network’s price may crash to $0.90 and $0.62 soon.
Rollblock’s ($RBLK) GambleFi Protocol Stuns Early Investors with 140% Gains
Rollblock’s rise to the top is just getting started, but the GambleFi token has already delivered 140% gains to early investors. Rollblock ($RBLK) might be a new utility altcoin in the market, but it’s all set to disrupt the $500 billion global gambling market. As Rollblock gains traction, analysts are already tipping at 800% gains by the end of the presale stages.
Rollblock’s GambleFi protocol is based on trust, transparency, and the platform’s native $RBLK token. Aside from encrypting every financial transaction and bet on Ethereum’s blockchain, Rollblock also allows users to maintain anonymity by removing all KYC checks from the signup process. New traders can register by directly linking their wallets and depositing a cryptocurrency to kickstart their online gambling journey.
By playing and winning over 150+ AI-powered games, traders can accumulate more $RBLK tokens over time. These tokens can be staked to earn a weekly passive income through Rollblock’s revenue-share model. Every week, Rollblock repurchases tokens on decentralized exchanges and gives them away to investors as staking rewards with up to 30% yield. Aside from these rewards, Rollblock’s early investors are also entitled to VIP bonuses based on their $RBLK holdings after the token’s official launch.
In just stage 6 of its presale Rollblock has raised over $3M and is ready to target the $4M milestone. Tokens are selling exclusively on the website at a low price of only $0.024, making now an ideal time to invest before the price surges any further!
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://rollblockpresale.io/
Socials: https://linktr.ee/rollblockcasino
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