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Cryptocurrency News Articles

Rollblock (RBLK): Traders Can Place Bets Beyond Borders with Blockchain-Powered GameFi Ecosystem

Dec 23, 2024 at 03:16 pm

Rollblock's GameFi ecosystem is creating a global community of players tired of outdated casino operators.

Rollblock (RBLK): Traders Can Place Bets Beyond Borders with Blockchain-Powered GameFi Ecosystem

Solana is showcasing an extremely bearish outlook for the short run but analysts are optimistic about the token’s long-term gains. Similarly, BNB’s recent listing on Revolut could attract significant institutional inflows though analysts aren’t expecting any significant price movement until 2025.

Meanwhile, Rollblock’s blockchain-powered GameFi model is soaring through its presale stages with more than 30,000 early investors. Given Rollblock’s dominance in Q4’s bull market, analysts expect RBLK to hit a record high before SOL and BNB. Solana (SOL) Price Analysis: Investors Ignore Bearish Trend For Massive Long-term Gains

Solana failed to enter a price discovery after reaching a record high in November but analysts believe Solana still has potential for long term gains. Solana’s price has been on a clear downtrend over the past 28 days, creating a series of lower highs and lower lows on the SOL/USDT 4-hour chart.

Despite this bearish outlook, analysts believe Solana could repeat its fractal pattern as a bull flag from January 2024 which resulted in a massive triple-digit rally. If this prediction stands true, Solana could create an immediate target at the 1.618 Fib level which is around $320. In Q2 of 2025, Solana’s price could test the long term target of $440. For now, Solana is trading for $189.45 after a 3.99% intraday decline.

BNB Price Analysis: Binance Founder Triggers Market Optimism Towards $800 Target

Binance founder CZ recently announced that BNB is listed on Revolut, a leading European exchange with more than 40 million global users. CZ’s statement has boosted investor confidence in BNB as analysts anticipate BNB to get more institutional adoption in 2025. Although BNB has experienced a 5% decline in Open Interest, BNB’s long holders believe the token could rally towards $800 in early 2025.

BNB is currently trading for $670.05 after an intraday decrease of 0.46%. BNB’s volume has increased by 7.88%, suggesting a minor increase in network activity. BNB’s RSI is already showing signs of recovery on the BNB/USDT daily chart which typically indicates more room for price growth. If BNB can capitalize on this bullish community sentiment, the token could test its nearest R1 resistance at $713.5 before the end of Q4’s bull market.

Solana And BNB Are No Match For Rollblock’s Revolutionary GameFi Model

Solana’s prolonged correction phase has forced many analysts to turn bearish on the token while BNB’s slow market growth is still a huge cause for concern. Despite the long-term bullish predictions for both SOL and BNB, savvy traders are still jumping ship to Rollblock’s explosive presale. Rollblock’s native RBLK is currently selling for just $0.043, with analysts predicting another demand-induced rally on Christmas day.

Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!

Website: https://presale.rollblock.io/

Socials: https://linktr.ee/rollblockcasino

Disclaimer:info@kdj.com

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Other articles published on Dec 23, 2024