Ethereum whales are giving up on the token now as the token imitates its 2019 losses. Meanwhile, Internet Computer has picked up bullish momentum but is still no comparison for Rollblock’s explosive presale success, with Rollblock surging by 150% since its presale started.
Ethereum (ETH) Tokens worth $493M Dumped on Exchanges
Ethereum is currently experiencing bearish on-chain signals as the token recorded centralized exchange inflows worth $493 million over the previous week. After this huge dump, Ethereum’s price has plunged 1.39% today. Ethereum is currently trading at $2,325.05 with Ethereum’s 24-hour trading volume also down by 6.64%.
Ethereum is also flashing strong sell signals on the ETH/USD daily chart with its current price being below the 50-, 100-, and 200-day EMAs. Since Ethereum’s RSI is trending downwards, there seems to be more room for declines before Ethereum’s price reaches the oversold zone. If investor interest doesn’t pick up soon, Ethereum’s price could plunge to the $2,005 support in the next few weeks.
Internet Computer (ICP) Records Massive Surge
Internet Computer has made an impressive recovery by recording 19.16% gains over the past week. With another 7.2% jump today, Internet Computer’s price has reached $8.56 at press time. Internet Computer’s 24-hour trading volume is also up by a massive 215.33%, hinting at a huge bullish rally.
Given Internet Computer’s positive performance on the ICP/USD daily chart, Internet Computer may experience more upticks in upcoming weeks. For now, Internet Computer’s MACD level and Awesome Oscillator are both flashing buy signals. If this bullish rally persists, Internet Computer’s price could target the nearest resistance at $9.125 to eventually reach the $10 mark.
Rollblock’s Skyrocketing Presale to Continue Bullish Growth
Rollblock is a new entrant to the DeFi space and it’s already making a mark with the first community-backed crypto casino that the market has seen. With the use of Ethereum’s blockchain technology, Rollblock’s casino ensures complete transparency and unchangeable transactions, giving traders a top-notch iGambling experience.
To remove entry barriers to online casinos, Rollblock has no KYC verifications upon signup. Users can connect their wallets, deposit any of the 20+ compatible cryptos, and access Rollblock’s 7000+ casino games instantly. After the success of Rollblock’s casino, the platform also plans to introduce sports betting soon to expand the Rollblock ecosystem.
These bullish predictions are all thanks to Rollblock’s ingenious revenue sharing model that allows investors to become liquidity providers within the ecosystem. Every week, Rollblock uses 30% of its generated revenue to purchase the platform’s native $RBLK on the open market and uses half of them to distribute staking rewards to current holders. Since the remaining half of the tokens are burned forever, Rollblock is expected to follow a strictly deflationary trend over time, with the price surging to new highs as supply runs out.
For now, Rollblock has already raised $3.3 million in presale stages with over 15,000 early investors already betting on the future of iGambling. Currently in the sixth presale stage, Rollblock’s $RBLK is selling for just $0.025 per token.
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://rollblockpresale.io/Socials: https://linktr.ee/rollblockcasino
