While Filecoin may rise after completing its current correction phase, Litecoin is already hinting at a potential breakout in the coming weeks. Meanwhile, Rollblock’s new GambleFi project has already raised nearly $5 million during its pre-sale and is dominating the altcoin market.
Filecoin (FIL) experiences rapid adjustment before revival
Filecoin is attracting more activity on the network by hosting over 60 projects focused on decentralized storage and AI. Filecoin price recently fell below key support at $3.70, and analysts expect Filecoin to fall further precipitously before a possible comeback in the fourth quarter.
Filecoin is currently trading at $3.71 after rising modestly by 0.90% during the day. Filecoin’s volume has decreased by 23.62% in the past 24 hours, which usually suggests that investors are losing confidence. Filecoin price is expected to crash to the $3.20 support in the coming weeks, as Filecoin is still trading below the major simple moving average on the daily chart. If Filecoin purchase activity increases, the token price could rise to $3.90 after the current correction completes.
Litecoin (LTC) Signs of a potential breakout flash
Litecoin is forming a symmetrical triangle on the LTC/USDT price chart, which is usually considered a breakout signal. Since Litecoin recorded a staggering $4 billion worth of transactions in 24 hours in mid-October, analysts believe demand for Litecoin will further increase as network activity increases. Litecoin price has remained above $60 since September, which is an optimistic signal for the market.
Litecoin is currently trading at $71.58, up 2.87% during the day. Litecoin trading volume decreased by 10.53% in the past 24 hours as sales activity cooled down. With Litecoin’s MACD forming a crossover with the signal line, we expect Litecoin price to test the key $78 resistance level in the coming weeks.
Rollblock (RBLK) attracts more investors with 20% sign-up bonus
Rollblock’s GambleFi project has already proven its 100x potential, raising nearly $5 million during an explosive presale. Rollblock is disrupting the entire online gambling market valued at $500 billion annually by combining the best features of decentralized and centralized gambling in a new crypto-native casino. If Roll Block’s upward trajectory continues in the coming weeks, analysts expect RBLK price to hit several all-time highs by the end of 2024.
The reason why traders and high rollers flock to Rollblock’s crypto-native casino is because of the platform’s Ethereum-backed security. Rollblock prioritizes user security by encrypting all financial transactions directly on Ethereum’s immutable blockchain, rather than relying on substandard security measures like traditional iGambling platforms. This means that once you place a bet on Rollblock’s 7000+ AI-powered casino games, it is completely immutable and immune to hacking.
Rollblock has attracted a large influx of new investors due to its attractive bonuses and rewards. When new traders sign up, Rollblock gives them a huge 20% RBLK token bonus to start their online gambling journey. Once a trader becomes a long-term liquidity provider in the Rollblock ecosystem, they can start receiving passive income in the form of staking rewards of up to 30% APY.
Currently in stage 7 of pre-sale, Rollblock is selling native RBLK tokens for as low as $0.0318 each. Analysts expect RBLK price to rise to $0.035 by the time Rollblock enters presale stage 8, so now is the time to invest in this explosive altcoin ahead of a Q4 bull market It’s an ideal time.
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Disclosure: This is a sponsored press release. Always do your research before purchasing any cryptocurrency or investing in any project. Read the full disclosure here.
