BNB and AVAX are two well-known cryptocurrencies that have serious barricades in their path. The recent market downturn is stalling the growth of these cryptos. In the middle of all this turmoil, a new player has come to prominence named Rollblock.
As Crypto whales continue to move the market with enormous buy and sell orders, they’ve been secretly accumulating Rollblock through its presale, and here’s why.
Investors Doubt A Price Rally in Binance Coin’s Future
BNB is down over 10% in the last week alone. Since August 23, BNB has been trending and has taken a bearish bias. After touching $600 on August 23, the price of BNB suddenly dropped down to precarious levels. Technical indicators at the moment are suggesting losses for BNB later in September 2024. The weakening tendency of bullish momentum could see BNB plunging below its 30-day low.
The Moving Average Convergence/Divergence of BNB is below both its signal line and the zero line. Whenever the line of MACD crosses below both the zero and signal lines, strong bearish market sentiment manifests. Without changes in market sentiment, BNB’s price is likely to decline further.
Avalanche Sees Massive Slip in August 2024
AVAX’s monthly chart for August tumbled downwards by about 17 percent. For the technical indicators, AVAX is trading below its 50-, 100-, and 200-day EMAs. From a daily perspective, the charts of AVAX have really dismal prospects. RSI is in the lower neutral zone, while MACD gives sell signals for AVAX, thereby showing that this may not rebound anytime soon.
However, despite this negative technical analysis outlook, AVAX might just catch a break this September. At press time, AVAX trading volume is up by close to 90%, at approximately $221,781,709. While that might indicate a bearish feeling towards the project, investors at the same time are quite hopeful about the recovery potential of AVAX and are looking at its downtrend as a buying opportunity.
Rollblock’s Unique Gaming Model is Turning Things Around in the Crypto Market
While major cryptocurrencies such as BNB and AVAX have undergone rather severe downturns, attention is drawn to Rollblock and its unique gaming protocol. With Rollblock, crypto users can play games online while enjoying a fully decentralized earning model.
This innovative decentralized casino is revolutionizing the global iGaming market, which generates $500 billion annually, by permanently addressing the inefficiencies of traditional casinos. Even more interesting is its no-KYC onboarding process, offering an unbiased and accessible platform for players worldwide.
Rollblock uses blockchain to ensure provably fair gaming- a salient feature within its fast-growing ecosystem. Rollblock also has other innovative features that include instant buyback and burn mechanisms.
Investors, eager to find value in an otherwise miserable market, have indeed bet big on Rollblock’s gaming services. The ongoing RBLK presale has raised over $3.1 million across six stages, with the current price at $0.025.
Conclusion
BNB and AVAX crypto whales who don’t want to miss out on making huge gains need to look at buying RBLK. What’s even crazier is that they can make the best rewards on the market when they play games online. Rollblock’s user-friendly platform might just give new meaning to disruption in the iGaming niche.
Discover the exciting opportunities of the Rollblock (RBLK) presale today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino
