Polkadot and Avalanche have seen turbulent trends over the past month. As August progresses, Polkadot faces a further downtrend as it struggles to inspire investors, while the road ahead for Avalanche looks set with heavy selling. Meanwhile, investors continue to pile into the Rollblock ($RBLK) presale as it raises over $2.1 million. Experts predict up to 100x growth for this disruptive GambleFi gem as its presale continues to snowball.
Polkadot ($DOT): Slides Beneath $4.87
Polkadot has been trending lower for some time now, and many holders have seen the value of their portfolios fall by over 40% in the last 6 months. Polkadot has seen a distinct lack of buying pressure recently and volumes have remained low since mid-March.
Polkadot recently fell to lows of $3.59 and is currently looking for support at around $4.52. Polkadot bulls were unable to break the $4.87 ceiling recently, and it looks as though further downside toward $4.20 is on the cards unless bulls can stage a reversal at these levels.
Avalanche (AVAX) Faces A Steep Climb
Avalanche (AVAX) recently saw a welcome bounce from Monday’s dip to $17.29 and is currently making a run for the key $22 price point. Avalanche has seen explosive growth in the last 12 months, and many long-term holders have made over 76% on their bags.
This means, however, that major moving averages are all hanging overhead, and Avalanche bulls have their work cut out if they are to propel Avalanche’s price above the 100-day SMA currently at $29.64. While Avalanche could offer strong returns, resistance will make it difficult for AVAX to reach its full potential.
Rollblock ($RBLK) Breaks Another New High As Investors Dive In
Rollblock ($RBLK) is shaping up for one of the hottest token launches of the year, as its massively popular presale has recently raised more than $2.1 million in a matter of months.
Rollblock aims to bring trust and transparency back to the casino niche by inscribing all transactions onto the immutable Ethereum blockchain. This removes a major pain point in the industry, as bets can no longer be manipulated once placed.
There is no need for users to submit invasive KYC information upon signing up, as Rollblock accepts deposits in over 20 popular cryptocurrencies. For a limited time, the house is offering to match first-time deposits dollar for dollar up to a staggering $500!
The RBLK token is tipped for huge gains of up to 100x this year thanks to its unique revenue share scheme. This will mean that the casino uses its profits each week to buy up potentially millions of tokens, burning half while using the remaining tokens for rewards.
Stage 5 of the presale is nearly 25% sold out, and investors should hurry to bag the current low price of $0.0205. According to experts, returns could go as high as 800% by the end of the presale, with a 100x rally in 2024.
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://presale.rollblock.io/
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