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Cardano and Avalanche have experienced bullish gains over the last seven days, but their long-term sustainability remains questionable. Meanwhile, Rollblock’s explosive presale has rallied 200% to hit a new all-time high in stage 7 of its presale.
Can Cardano (ADA) Sustain Last Week’s Bullish Gains?
Cardano was trading in the red since the start of September, but it suddenly turned bullish after last week’s interest rate cut. After an impressive 13% rally in the last seven days, Cardano has finally re-entered the crypto Top 10 list with a market cap of $13.75 billion Cardano is currently trading for $0.3935 after a 3.31% increase in the last 24 hours.
With Cardano’s community sentiment extremely bullish right now, Cardano developers are focusing on innovation that drives long-term sustainability. Recently, Cardano established a direct interoperability route to the Bitcoin ecosystem through a new smart contract. As Cardano becomes more usable, analysts expect Cardano’s price to climb to the $0.406 resistance soon.
Avalanche (AVAX) Might Face Consolidation in October After Token Unlock
Avalanche encountered an impressive 7.33% rally in the last seven days, making investors optimistic about Avalanche’s future price action. However, these bullish predictions might end in vain, as Avalanche is expected to unlock around 1.7 million tokens next month. Avalanche is currently trading at $28.07 after an intra-day surge of 1.26%.
Although Avalanche is trading above its 50-day and 100-day simple moving averages, Avalanche’s 24-hour volume is still down by nearly 22% today. This downtrend might be signaling the end of Avalanche’s recent rally as the token’s RSI is getting closer to overbought territory. If a consolidation happens, Avalanche’s price could plunge to the $22.70 pivot in the upcoming weeks.
Rollblock ($RBLK) Kicks Off Presale Stage 7 with New All-Time High
Rollblock just entered a new stage of its explosive presale, and its demand is only getting higher with each passing day. In the last few months, Rollblock’s price managed to rally by a whopping 200% during presale stages, allowing Rollblock to raise nearly $4 million with 20,000 early investors. Due to this early success, analysts believe Rollblock’s GambleFi project could easily become the next 100x crypto by 2025.
Even during the presale, Rollblock’s casino has seen significant upgrades as the platform went from 150 to more than 7,000 AI-powered games. Now, with Rollblock announcing the release of a new sports betting feature that is set to attract a new wave of investors, Rollblock’s price is expected to skyrocket even further.
Rollblock’s entire ecosystem is powered by the platform’s native $RBLK token that also offers utility and scalability on its own. By staking the token, traders can receive a weekly passive income through Rollblock’s revenue-sharing mechanism. Every week, Rollblock reinvests a portion of its profits to purchase $RBLK on the open market and allocates these tokens to long-term holders as rewards with up to 30% APY.
Since Rollblock’s supply is capped at 8 billion tokens and 60% of that is allocated to the ICO, $RBLK’s price is expected to experience an 800% jump before the end of its presale stages. For now, Rollblock has entered its seventh presale stage with a low selling price of only $0.03 per token. Given the upcoming altseason, Rollblock’s price is only expected to experience more upswings in the next few weeks, making now the ideal time to invest in the future of iGambling.
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://rollblockpresale.io/
Socials: https://linktr.ee/rollblockcasino
*This article was paid for. Cryptonomist did not write the article or test the platform.
