Cardano, Hedera, and Ripple have joined to form a Decentralized Recovery (DeRec) Alliance, which aims to simplify the recovery of digital assets through an open-source protocol. Despite this big announcement, none of these tokens has been able to compete with Rollblock’s massive presale success.
Cardano was trading in the green throughout last week, but the token’s price has suddenly plunged by 1.34% today. With Cardano’s daily chart flashing strong sell signals, Cardano is currently trading at $0.3388.
Even the recent DeRec announcement couldn’t push Cardano’s price beyond its 50-day EMA at $0.357. With Cardano’s Bull Bear Power indicator suggesting bearish dominance, Cardano’s price may plunge even deeper in upcoming weeks.
After recording steep declines throughout the past week, Hedera’s price is once again down by 1.37% today. Despite Hedera’s collaboration with the DeRec alliance, Hedera is failing to gain traction as the token’s trading volume is also down by 3%. For now, Hedera is trading at $0.04986.
Even though Hedera’s MACD line has crossed the signal line on its daily chart, Hedera’s current price is still below all key exponential moving averages. If buying pressure doesn’t pick up soon, Hedera’s price may plunge to the $0.03455 support.
XRP’s price has only declined by 0.84% today, but the 11% increase in XRP’s volume suggests a profit-taking sentiment. Since XRP’s daily chart still shows strong sell signals, it is unlikely to recover soon.
XRP is currently trading at $0.5234, with a seven-day decrease of 5.34%. Since XRP’s technical indicators aren’t showing any signs of a reversal right now, XRP’s price could plunge to the $0.4506 support trendline soon.
Rollblock ($RBLK) is a newcomer in the DeFi space, but it is already poised for 100x gains by leading market experts. The fuel behind these bullish predictions is none other than Rollblock’s revolutionary crypto-native casino that has Ethereum-backed security, revenue-sharing rewards, and a massive selection of AI-powered games. If this momentum keeps up until Rollblock’s official launch in Q4, this new GambleFi protocol may end up becoming the hottest DeFi altcoin of 2024.
Rollblock’s casino is unlike traditional iGambling models in several ways. While traditional casinos struggle to provide good security to users, Rollblock has removed KYC checks and encrypts every transaction directly on the immutable Ethereum blockchain. Through these protocols, Rollblock’s casino is completely free of bet fixing, third-party manipulation, and even data leaks.
Through Rollblock’s ingenious profit-sharing scheme, traders can receive staking rewards with up to 30% APY at the end of every week, making them important liquidity providers in the Rollblock ecosystem.
For now, Rollblock is in its sixth presale stage with tokens selling for a surprisingly low price of only $0.026 each. Given the traction around Rollblock right now, analysts are already anticipating another price surge in 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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