Ripple XRP and Dogecoin Facing Selling Pressure Amidst Market Turbulence
Ripple XRP and Dogecoin are currently experiencing significant selling pressure in the market this week. Both tokens are struggling to regain investor interest in the midst of the turbulent market climate. As the Q4 bull market approaches, traders are turning their attention to Rollblock’s GambleFi protocol, anticipating it to emerge as the leading DeFi token by the end of 2024.
XRP to Experience Price Volatility Due to Legal Battles
XRP has been on a downward trend for some time now, and the recent decision by the SEC to appeal the court’s ruling that XRP is not a security has added to the token's woes. This legal battle between XRP and the SEC has caused investors to fear further losses, leading to a rotation of capital to other assets.
Currently, XRP is trading at $0.5272 after a 2.35% intraday decrease. If XRP's technical indicators, such as the Momentum Indicator and MACD level, do not turn bullish soon, the token could face significant losses in Q4, becoming a shadow of its former self.
Dogecoin (DOGE) Expected to Decline to $0.1 in the Near Future
Dogecoin's daily chart is showing a range-bound structure, typically a sign of an imminent steep decline before a potential trend reversal. Analysts predict that Dogecoin may reach the $0.1 support level in the coming weeks. Despite this bearish outlook, the number of large transactions for Dogecoin has increased, indicating potential price volatility ahead.
Currently trading at $0.1065 after a 4.82% intraday decrease, Dogecoin's volume has also seen a 2.34% increase in the last 24 hours. Some traders are taking advantage of this dip in price. However, with strong sell signals on Dogecoin's daily chart, analysts believe a recovery is unlikely till November.
Rollblock (RBLK) Poised for a 100x Rally on Launch Day in Q4
Rollblock's crypto-native casino has garnered attention since its presale launch. With over $4.1 million raised, Rollblock has quickly gained the community's trust in online gambling. As the official launch day nears, analysts are already predicting that Rollblock could become the next big crypto with a potential 100x rally.
The success of Rollblock lies in its innovative approach of combining decentralized and centralized gambling. The crypto-native casino eliminates KYC checks and provides enhanced security backed by Ethereum. Every transaction and bet on Rollblock is automatically encrypted on Ethereum's unchangeable Blockchain, ensuring transparency and security for players.
With a wide array of 7,000+ AI-powered games, including traditional casino classics and Web3-based titles like KENO, Rollblock offers a Vegas-like gambling experience. Additionally, the platform allows users to engage in sports betting on top international leagues like the NBA, NFL, MMA, and more.
Rollblock's commitment to being a community-driven utility token is evident in its generous staking rewards. Holders can earn up to 30% APY from staking rewards, funded by a portion of the platform's profits. Presale holders also receive exclusive VIP bonuses based on their $RBLK holdings.
Currently selling tokens at $0.031 in stage 7 of its presale, analysts are bullish on Rollblock's potential to reach new all-time highs by the end of the week. With expectations of 800% gains before the presale concludes, investors are encouraged to consider adding $RBLK to their portfolios ahead of the Q4 bull market.
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Website: https://presale.rollblock.io/
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