Many altcoins continue to paint bearish charts as the summer doldrums continue into September. XRP and Solana have frustrated investors with long periods of consolidation, while investors looking for a disruptive small-cap gem should look no further than Rollblock (RBLK), set to disrupt the online gambling space with potential 200x gains this cycle.
Ripple (XRP) Heading For Range Highs Above $0.62
Ripple fell to support this week at the 100-day simple moving average, bouncing from the $0.52 price point. This support line is often regarded as the bull market support band and should give Ripple a strong foundation to launch from during its next leg up.
Ripple holders received incredibly bullish news recently as the SEC arrived at a settlement to bring Ripple’s long-running court case to a close. Ripple Labs was made to pay a small fine of $125 million, getting away with a much lighter settlement than many had expected. Ripple is currently trading in a tight range between $0.48 and $0.62 and any hint of a reversal in the market should see Ripple head toward the top of this range and beyond.
Breakpoint Conference To Boost Interest in Solana (SOL)
Solana (SOL) has held its price well relative to the rest of the crypto market this week, as excitement grows ahead of this month’s breakpoint developer conference in Singapore. Solana has shaken off the news of the delay around its US ETF applications, by looking forward to the latest technological innovations on the Solana chain.
Solana is expected to preview developments in its Saga series of crypto-native mobile phones, as well as a look at the game-changing Fire Dancer update. This will see Solana become much more scalable and less prone to the outages that have plagued Solana in the past. Solana bulls will be hoping that price will rise toward the $200 mark as hype grows.
Rollblock (RBLK) Hits New High Defying Bearish Market
Rollblock (RBLK) has had a stunning summer despite the ongoing crypto slump. Rollblock has hit yet another new high at the start of September, outperforming the majority of altcoins in the space. This is thanks to investors seeing the enormous potential of disrupting the $450 billion online gambling industry, set to grow at 6% a year for the foreseeable future.
Rollblock brings the huge power of web3 to the traditional casino world by encrypting all bets onto the Ethereum chain. This means buyers can trust that bets won’t be tampered with and eliminates the need for burdensome KYC checks upon signing in. Players can simply connect a crypto wallet to start their Rollblock journey.
The RBLK token is used for all payouts and is being tipped for massive growth this cycle thanks to its innovative revenue-sharing scheme. Each week the casino will potentially buy back millions of tokens, allocating half to stakers and burning the remaining coins. With staking rewards of up to 30%, investors will be reluctant to part with their holdings, further reducing selling pressure on the token.
Investors can currently buy RBLK for just $0.025 per token. Though with stage six being Rollblock’s fastest selling stage to date, they need to act fast!
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
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