Avalanche is gearing up for a major rally as indicators have started flashing green again. Meanwhile, investors are speculating on which project between Dogecoin or the crypto casino Rollblock will first reach $1.
Crypto Expert Has A Bold Prediction For Avalanche
Renowned trader Alan Santana has drawn parallels between Avalanche’s price action and that of Bitcoin just before the latter began its exponential surge in late 2023. According to Santana Avalanche is currently consolidating before the next massive upward move. The $382 projection for Avalanche comes from the extension of the Fibonacci levels from the bear market bottom to the 2021 all-time high.
Avalanche saw a decent 19% rebound from the $18 floor that was tapped during last Monday’s crash. Currently, Avalanche sells for $21.49 and is currently ranging around that mark. Avalanche’s trading volume has also increased, suggesting a build-up of bullish momentum.
Dogecoin Consolidation Continues But So Far No Signs Of Breakout
Onchain analysis is showing that whales are increasing their Dogecoin positions. Dogecoin’s price, however, is still caught in a narrow channel that hovers around the $0.10 mark. Dogecoin saw a strong rebound from the $0.08 bottom, with a 20% increase
Analysts are confident that once the $0.11 resistance is cleared, Dogecoin could start trending upwards. Given that in the last bull market, Dogecoin peaked at $0.73 a $1 projection at this point feels like a guarantee during the next cycle top. That said, Dogecoin now faces more competition which could limit its returns.
Rollblock’s Mission: Dominate GambleFi
Rollblock’s native token, RBLK, has taken the market by storm with its resilience during some of the most severe market downturns of the past few months. Rollblock reached a new ATH of $0.0205, with a 125% increase since launch, while the ongoing presale is approaching $2.5 million in raised funds at record speed.
Rollblock’s crypto casino merges DeFi and TradFi gambling into the ultimate user experience. Rollblock is firmly committed to ensuring transparency and safety, holding user trust in the highest regard. It does this by leveraging blockchain technology, which removes any possibility of altering bets once they are placed since all transactions are recorded in an immutable manner.
Users can begin playing one of the 150+ games immediately, as no KYC verification is required. Individuals only need to connect their wallet or sign up via email.
The RBLK token powers the casino’s ecosystem and the revenue-sharing model. On a weekly basis Rollblock will spend up to 30% of the generated revenue to purchase RBLK tokens. Half of the tokens will be redistributed as staking rewards. The other 50% will be burned, continuously reducing the supply and priming the RBLK for long-term growth.
Analysts expect the $1 mark to be reached by the end of 2024. Stage 5 of the presale is selling out fast, and an 800% increase is expected by the end of the presale alone!
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino
Source: https://blockchainreporter.net/analysts-predict-a-massive-382-new-high-for-avax-while-doge-and-rblk-to-race-each-other-to-1/