Rollblock (RBLK) Breaks Previous Record as Demand Skyrockets in December

Rollblock's native RBLK altcoin has been soaring through the charts ever since its presale launch. Since Rollblock has already raised more than $7.34 million in record time, analysts are optimistic about the potential of this new GameFi project.

Sui’s price action has been closely monitored by traders throughout 2024, especially after the recent record high price. However, Sui’s momentum seems to have slowed down this week as the altcoin consolidates its losses after a sharp decline.

On the other hand, Polkadot’s price has also experienced a downturn despite the high activity on the Relay Chain. As traders prepare for a bearish trend, Rollblock’s viral GameFi project is skyrocketing in demand. Here’s a closer look at the latest price movements.

Sui (SUI) price hit a new all-time high earlier this week as the demand for altcoins soared. Sui’s recent rally was also fueled by an exciting announcement about a partnership with China’s Ant Digital to tokenize real-world assets.

Since Sui’s new venture is focused on the environmental, social and governance sector, analysts expect Sui’s price to experience another wave of upward movement after consolidating its losses. Currently, Sui is trading at $4.59 after an intraday decline of 4.90%.

Despite this sharp decline, Sui’s community sentiment is still 84% bullish as traders expect the altcoin to make a comeback soon. Sui’s technical indicators also support this narrative.

Currently, Sui is testing the critical support level at the 10-day Exponential Moving Average. If Sui can bounce back from this support level, Sui’s price could attempt to retest its previous all-time high price level again.

From there, Sui’s price could enter a price discovery phase towards the $7.40 target. However, if Sui fails to hold the 10-day EMA as support, Sui’s price could continue to slide down towards the S1 support at $3.87.

Polkadot (DOT) price has shown impressive growth over the past 30 days, despite also recording some lows. Since the Polkadot Relay Chain recorded over 32 million transactions in October 2024, analysts were optimistic about Polkadot’s price action during Q4’s bull market.

However, despite these bullish predictions, Polkadot’s price has fallen deep into bearish territory. Currently, Polkadot is trading at $7.19 after a 6.81% intraday decline.

Polkadot’s recent crash is fueled by a profit-taking sentiment as Polkadot’s price fell below the critical 10-, 20- and 30-day Exponential Moving Averages. Since Polkadot’s MACD indicator also confirms a downward trend, Polkdadot’s price could crash to the S1 support at $4.81 soon.

As both Sui and Polkadot consolidate their losses or head into bearish territory, respectively, one project that has managed to maintain an uptrend is Rollblock. The GameFi project has been viral throughout 2024.

Since Rollblock is already preparing for a massive 100x rally in early 2025, now is the ideal time to invest in the RBLK token before the price skyrockets.