Pepe was once the leader in the meme coin market, but its downfall has made traders turn to altcoins instead. Even though Ethereum’s price is on a downtrend, the Ethereum-backed crypto casino token by Rollblock is soaring to new highs every week in its presale stage six.
Will the Ethereum (ETH) Downfall Continue?
Ethereum’s price fell by more than 8% over the past week, making analysts believe this L1 token’s era was over. However, Ethereum has defied the odds by surging 1.76% today and pushing the current trading price up to $2,310.48. This sudden rally also triggered a 35% uptick in Ethereum’s volume which might mean investors are booking profits before experiencing further losses.
Even Ethereum’s daily chart continues to show bearish dominance as the token fails to breach its 50-day EMA at $2,689.69. However, since Ethereum’s RSI is recovering on the 4-hour chart, there may be an Ethereum rally soon. If the bulls regain dominance, Ethereum may rise to $2,623 in upcoming weeks. If not, the bears could push Ethereum’s price down to $1,497 soon.
Pepe’s (PEPE) Technical Indicators Reveal a Bullish Signal
Investors recently lost all interest in meme coins, and Pepe’s price suffered a 15.26% plunge. However, after an intra-day rally of 4.33%, Pepe is currently trading at $0.000007124. Since Pepe’s 24-hour trading volume is also up by 43.67%, meme coins may not be dead after all.
Despite today’s rally, Pepe’s daily chart is still bearish as Pepe is trading below its 50-, 100-, and 200-day EMAs. However, Pepe’s RSI has breached the neutral level on the 4-hour chart, suggesting a possible reversal soon. If that happens, Pepe may experience more rallies up to the $0.000007775728 resistance trendline by the end of September.
Rollblock’s GambleFi Protocol Makes Millions in Explosive Presale
As investors abandon both Ethereum and PEPE at the beginning of Q4, Rollblock is stealing all the buzz with its state-of-the-art crypto casino. Even in presale, Rollblock has managed to raise nearly $3.5 million with analysts projecting the token to cross the $4M milestone by the end of the month. If this bullish momentum keeps up, Rollblock can emerge as one of the fastest-growing low-cap cryptos by the end of Q4.
The main reason behind these extremely bullish predictions is Rollblock’s commitment to trust and transparency. By incorporating Ethereum’s blockchain technology, Rollblock’s crypto-native casino offers gold-standard security that traditional casino models could only dream of. With transparent betting analytics available for viewing, unchangeable bets, and no KYC checks on signup, Rollblock has already managed to attract more than 10,000 early users.
For now, Rollblock’s casino features 150+ AI-powered games that are all based on state-of-the-art web3 technology. In upcoming months, Rollblock also plans to introduce a sports betting feature for top international leagues such as the NBA, NFL, MMA, UFC, La Liga, F1, and more. By playing and winning, users can accumulate more $RBLK for their portfolios, making this play-to-earn token’s demand surge through the roof.
Aside from in-game payouts, Rollblock also has a revenue share model that enables traders to become liquidity providers within the Rollblock ecosystem by becoming long-term holders. These holders are entitled to weekly staking rewards with up to 30% yield, giving them a risk-free source of passive income.
For now, Rollblock is selling for a low price of only $0.025 per token, with analysts projecting another price surge during this week. As Rollblock’s GambleFi protocol gains traction, market experts are already talking about a massive 100x rally on launch day.
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://rollblockpresale.io/
Socials: https://linktr.ee/rollblockcasino
No spam, no lies, only insights. You can unsubscribe at any time.
Source: https://www.crypto-news-flash.com/gamblefi-token-dubbed-the-new-millionaire-maker-ethereum-set-to-break-below-2k-with-pepe-plummeting-with-it/?utm_source=rss&utm_medium=rss&utm_campaign=gamblefi-token-dubbed-the-new-millionaire-maker-ethereum-set-to-break-below-2k-with-pepe-plummeting-with-it