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Cryptocurrency News Articles
Shiba Inu (SHIB) price predictions are struggling to find agreement as market volatility continues to challenge its momentum
Mar 05, 2025 at 06:40 pm
Shiba Inu (SHIB) price predictions are struggling to find agreement as market volatility continues to challenge its momentum. Despite steady demand, SHIB faces resistance
Shiba Inu (SHIB) price predictions are struggling to find agreement as the market volatility continues to challenge its momentum. Despite showing steady demand, SHIB is encountering resistance, leaving investors in an uneasy state.
However, while investors are focused on SHIB’s struggles, another cryptocurrency has been heating up the discussions and grabbing the attention of those interested in the best altcoin investment for 2025.
Introducing Rollblock (RBLK), a hot new crypto that is quickly becoming a conversation starter.
As several cryptocurrencies are showcasing strength in the market, Rollblock is rapidly approaching a major milestone. This initiative is aiming to revolutionize the $540 billion gaming sector by introducing blockchain technology to deter manipulation and unethical behavior.
It supports about 50 significant cryptocurrencies and records every wager in a decentralized ledger for unmatched transparency, enabling swift and seamless transactions.
Rollblock has already managed to get over 50,000 investors to join in the presale, with several hundreds more joining the blockchain gaming platform every day. The site offers about 7,000 games, from classics like blackjack and roulette to newer ones powered by artificial intelligence. Thanks to blockchain technology, these games can be played safely and securely from the comfort of home.
In a recent development, Rollblock has also integrated sports betting into its offerings, allowing fans to place bets on major events from leagues such as the NBA, EPL, and the NFL. This addition is sure to attract even more attention to Rollblock, making it a triple threat for sports fans, gamers, and cryptocurrency enthusiasts.
At the heart of Rollblock’s ecosystem lies its native token, RBLK, which serves as the engine for the platform’s revenue-sharing mechanism. The platform will use up to 30% of each week’s profits to buy back RBLK tokens from the market.
Of the total weekly profit, 40% will be distributed to RBLK holders as staking incentives, and a majority portion of 60% will be permanently burned to reduce the token’s circulating supply.
This structure is designed to actively engage users and may contribute to increasing the value of the token over time.
So far, Rollblock has managed to raise nearly $11 million in its presale, with RBLK currently priced at $0.6. As major exchange listings approach and demand for RBLK is set to surge, it is rapidly positioning itself as a leading contender in the GameFi sector.
Investors who refer a friend in March will both receive a 30% RBLK bonus, which will only serve to accelerate Rollblock’s momentum.
Shiba Inu price prediction struggles to hold key level as seller pressure returns stronger
Shiba Inu price is struggling to find bullish momentum as the crypto market downturn continues to exert strong selling pressure on SHIB. The price showed promising signs of recovery with an upward push.
Shiba Inu’s price is encountering difficulties in breaking through the crucial resistance at $0.0000134, indicating that sellers are still in a strong position.
After showing initial signs of strength with an upward move from the $0.0000118 level, where it encountered buying interest, Shiba Inu’s price faced difficulties in sustaining the rally.
As the price approached the key resistance at $0.0000134, which had stalled previous attempts at breakout, the bears returned, and the selling pressure increased.
Key technical indicators signaled mixed signals as SHIB experienced several attempts at breakout, only to be met by another wave of selling pressure, leading to price drops from the resistance levels.
Traders observed as SHIB’s price fluctuated within a specific trading range, with the bulls attempting to regain control and push for higher prices. However, the bears defended the resistance levels, keeping any significant breakout at bay.
Shiba Inu’s price briefly dipped below the support at $0.000012 during one of the selling rallies, but it managed to bounce back from the oversold condition, signaling that the sellers might be exhausted.
However, the overall movement remained weak, and the MACD showed signs of slowing down, indicating a potential shift in momentum.
On February 28, the selling pressure on Shiba Inu became even stronger, pushing the price lower throughout the day. As SHIB’s price fell below the support at $0.000012, it reached oversold conditions, which led to a brief attempt at a rebound.
Despite the slight recovery, the overall trend remained bearish, and SHIB’s price continued its downward journey. A technical rebound from the oversold condition signaled that the sellers might be exhausted, at least temporarily.
Another layer of complexity arose from the fact that SHIB’s price movements were closely tied to the broader crypto market trends. Any significant shifts in market sentiment could have a strong impact on SH
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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