XRP Price Prediction Turns Bearish After Plunge to $2.05

Analysts are split as to whether or not XRP will recover in April, with analyst Egrag Crypto highlighting that XRP is still on track to hit $3

The XRP price prediction has turned bearish after the altcoin plunged to lows of $2.05 over the weekend. Analysts are split as to whether or not XRP will recover in April, with analyst Egrag Crypto highlighting that XRP is still on track to hit $3.

While experts debate XRP’s performance, a new altcoin is taking the crypto market by storm. Rollblock is a disruptive GambleFi protocol that's already raised over $11 million during its presale, surging by over 500% in the process. As investors sell their XRP, many are rotating funds into this protocol, which is set for another 100x rally when its presale closes later this year.

Rollblock Hits $11 Million Milestone

Rollblock (RBLK) is gaining huge momentum throughout the GambleFi market, managing to attract over 10,000 new investors in March alone. The project recently celebrated raising over $11 million during its presale and its latest presale round is already 50% sold out.

Built on the Ethereum blockchain, Rollblock brings transparency back to the gaming market, which is plagued by fraud and unethical play. It hosts over 7,000 gaming opportunities from slots and blackjack to a sportsbook covering everything from F1 to MMA and soccer. All bids are recorded on the blockchain, making them impossible to alter once placed. Furthermore, the platform is licensed by the Anjouan e-gaming authority to guarantee the highest level of security.

Lucrative Income Streams For Investors

In addition to its gaming portfolio, Rollblock also gives investors the opportunity to generate passive income. Each week up to 30% of its gaming revenue will be used to purchase RBLK, its native token, from open markets. 60% of these tokens will be burned to create scarcity and make the token deflationary. The remaining 40% will be redistributed as staking rewards, incentivizing long-term ownership.

Currently in stage ten of its presale, RBLK tokens are selling for $0.062. Stage ten is already over 50% sold out and with influencers like Crypto Nautic taking notice it’s only a matter of time until the project gains mainstream traction.

XRP Price Prediction: Will XRP Drop Below $2?

XRP's price has fallen by 15% over the last week, causing many investors to sell and analysts to make bearish price predictions. According to analyst Peter Brandt, XRP has formed a head-and-shoulders pattern, which historically correlates to a price decline. Currently, this bullish prediction is playing out with XRP falling from $2.40 to $2.05 at the time of writing.

In addition to its price crash, XRP has also seen a major decline in its daily trading volume, which has fallen by 13.5% in the last 24 hours to $3.26 billion.

Nonetheless, many XRP investors remain bullish. With the SEC recently dropping its lawsuit against Ripple, many investors, including Ripple Co-Founder Tyler Winklevos, are pushing for mainstream XRP adoption. Winklevoss highlights the Gemini credit card as a sign that XRP is on track to gain widespread adoption, with Ripple CEO Brand Garlinghouse stating it has a better use case than Bitcoin for everyday payments.

Investors Buy RBLK As XRP Trading Volume Crashes

As investors move away from XRP due to its turbulent performance in Q1, many are choosing to capitalize on Rollblock's growth. Demand is surging to new highs, with thousands of investors joining the RBLK presale each week.

With the $12 million milestone in sight, experts are showcasing bullish predictions for the end of the presale. Upon listing, many believe that RBLK could see a 100x surge, making now a great time to get involved before Rollblock soars!