Rollblock Gains Momentum as Shiba Inu (SHIB) and Cardano (ADA) Face Market Pressure

Here’s why Shiba Inu price and Cardano could face bearish pressure despite positive crypto market news as RBLK gains momentum.

In the last week of September, bullish crypto market news continued to flow as Bitcoin held strong above $63k. Even Shiba Inu price and Cardano registered double-digit 7-day runs but were on the verge of facing market pressure as traders took their winnings.

The bearish sentiment building around Shiba Inu and ADA has led growth-focused investors to diversify into new low-cap crypto gems. The Rollblock (RBLK) presale is the new opportunity where smart money is being invested.

Let’s find out why SHIB and ADA investors are among the early adopters rushing to scoop this GambleFi crypto for gigantic presale gains.

Could Shiba Inu price enjoy a run in October?

After a protracted period of decline and consolidation, Shiba Inu’s price just turned bullish. The meme coin broke above its 50-day EMA on the daily chart, which had acted as a major resistance since July.

As of Sept. 26, Shiba Inu’s price was over 12% up weekly, with a 93% jump in its 24-hour trading volume, pointing to heavy trading activity. The daily chart reveals that SHIB whales have been gobbling the meme coin for nearly two months, pushing the price from the $0.00001 level in August to $0.000015.

However, a decreasing burn rate and dwindling network activity on the Shibarium L2 network could exert fresh bearish pressure on the Shiba Inu price.

Cardano (ADA) approaches the $0.4 resistance

It looks like Cardano is getting its momentum back. As of press time on Sept. 26, ADA was over 4% up monthly after registering a more than 10% 7-day run.

The bullish wave pushed the ADA price past the $0.38 zone as crypto market news of a potential surge to $1 emerged. While market participants and analysts deem current market conditions favorable for a Cardano rally, the charts suggest ADA could face a selloff soon around the $0.4 region.

This is the same level where traders cashed out their gains on Aug. 24. Should the same happen, ADA could tumble back into the doldrums for further consolidation.

Like SHIB investors, Cardano holders are eyeing the AI GambleFi token RBLK as its popularity and momentum hit new highs.

Rollblock (RBLK) gains momentum with over $4 million raised

Rollblock (RBLK) stands out as the first ever hybrid infrastructure model casino on Ethereum. The AI driven GambleFi protocol is working toward harmonizing the traditional centralized casino gaming and the rapidly emerging decentralized Web3 play-to-earn mechanism.

The Rollblock state-of-the-art, no-KYC crypto casino supports over 7,000 games and an extensive selection of live sports betting events. Users can deposit, play, and bet with more than 20+ cryptocurrencies just by connecting a crypto wallet.

The platform’s ability to offer transparent analytics on betting history and swift crypto deposits and withdrawals has also drawn significant attention from investors, iGaming enthusiasts, and Gen-Z betters.

So far, the Rollblock ICO has gathered over $4 million. RBLK tokens are changing hands for $0.03, a 200% increase from the entry price. Analysts predict 880% presale gains before launch!

Discover the exciting opportunities of the Rollblock (RBLK) presale today!

Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino

This is a sponsored article. Opinions expressed are solely those of the sponsor and readers should conduct their own due diligence before taking any action based on information presented in this article.