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Cryptocurrency News Articles
Altcoins Expected to Dominate Q4's Bull Market, But Avalanche (AVAX) is Only Trying to Escape Strong Bearish Pressure
Oct 11, 2024 at 08:00 pm
Altcoins were expected to dominate Q4's bull market, but Avalanche is only trying to escape strong bearish pressure. Meanwhile, BNB and TRON are
Altcoins were largely expected to lead the Q4 bull market, but some surprising tokens are now emerging. While Avalanche struggles to escape bearish pressure, BNB and TRX attempt to regain investor interest following recent downtrends. Amidst this market sentiment, even advanced AI chatbots like ChatGPT are highlighting Rollblock (RBLK) as the biggest gainer in Q4's bull run, thanks to its revolutionary GambleFi protocol.
Avalanche investors might want to brace themselves for a new low on theavax price chart soon, as the token continues to trade below key levels on the weekly. Notably, Avalanche’s trading volume is also decreasing across decentralized exchanges (DEXs) in recent days.
However, if we take a closer look at the weekly, Avalanche is currently testing a key support zone that could lead to a price rebound if it manages to break above the resistance. On the other hand, if Avalanche fails to hold on to this support, a bearish continuation is likely.
Avalanche is currently trading at $26.34, following an intr-day decrease of 3.15%. As Avalanche trades below its 100-day and 200-day Exponential Moving Averages (EMA), analysts anticipate that Avalanche could drop to the $21.82 support soon.
BNB price stalls as it fails to break out from critical resistance daily chart
BNB has failed to showcase any significant price action over the past four months, as BNB’s price has been largely stuck trading within the $460-$600 range. Notably, BNB recently faced a price rejection at the critical $607 resistance, which is now causing a short-term correction in BNB's price.
BNB is currently trading at $577.91, following a minor intraday increase of 0.62%. However, as BNB trades lower than its 100-day and 200-day Moving Averages, analysts are anticipating a bullish breakout soon.
If buying pressure picks up, BNB could test the critical resistance at $633.7 in the upcoming weeks, which could finally lead to a breakout from this consolidation pattern that began in August.
tron price rally in the making as whales utilize TRX for stablecoin activity daily chart
TRON's network has recently seen a massive increase in stablecoin activity, as whales are making use of TRON's low transaction fees to move their funds around the network. Notably, TRON also outshined Bitcoin and Ethereum in Q3 by recording the highest revenue.
TRON is currently trading at $0.1569, following an intraday increase of 0.61%. Moreover, TRON’s volume has also increased by 9.28%, which could be signaling a TRON rally in the making.
As TRON’s Relative Strength Index (RSI) is neutral and its Moving Average Convergence Divergence (MACD) has turned positive, TRX is expected to test the $0.1611 resistance soon.
Rollblock set to join the top 10 cryptos list in 2025
Any savvy trader in the market cannot have missed out on Rollblock’s explosive presale, and even ChatGPT seems to be unable to ignore it now. By raising more than $4 million during its viral presale, Rollblock has already shown its potential as the next 100x crypto in 2025.
Not only is Rollblock poised for massive gains, but it also delivers huge staking rewards and exclusive bonuses to its presale holders, making it the top choice for every trader during Q4’s bull market.
By creating an iGambling platform that combines the best of decentralized and centralized gaming experiences, Rollblock is set to own a huge market share of the $500 billion per annum global gambling market. Even if Rollblock manages to snatch 1% of the market with its revolutionary crypto-native casino, the platform’s $RBLK token would easily outshine the current Top 10 cryptos by market cap in 2025.
These bullish predictions are fueled by Rollblock’s ingenious strategy to bring Ethereum-backed security to the volatile world of online gambling. Instead of forcing high rollers to struggle with third-party manipulations and privacy concerns, Rollblock is offering a 100% secure and transparent gambling experience with its bet encryption, no-KYC policy, and transparent betting analytics.
To make things even better, Rollblock gives away a huge portion of its weekly casino revenue to long-term holders as staking rewards with up to 18% APY. If that wasn’t enough, then Rollblock also has exclusive tiered bonuses for presale investors to reward them for betting on Rollblock before everyone else in the market.
Even with these remarkable features, Rollblock’s presale stage 7 tokens are still selling for a shockingly low price of $0.0
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- BlackRock Extends Lead as World's Dominant Asset Manager, Bitcoin and Ethereum ETFs Contribute to $11.5 Trillion AUM Milestone
- Oct 12, 2024 at 12:25 am
- American multinational investment giant BlackRock has extended its lead as the world's dominant asset manager with an $11.5 trillion Asset Under Management (AUM) milestone.
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- Oct 12, 2024 at 12:25 am
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- Charles Hoskinson to Headline the Australian Crypto Convention 2024
- Oct 12, 2024 at 12:25 am
- Sydney, Australia – October 11, 2024 – The Australian Crypto Convention has today confirmed that Charles Hoskinson, founder of Cardano and an industry leader in the blockchain space, will be headlining as a featured headlining speaker at the 2024 event.