Whereas most altcoins in the crypto market are continuing to tap on the bullish sentiments that are presently dominating the market to set record highs, two top crypto coins, Chainlink and Tron, are being hunted by bears, and they have in some way lost some of their gains.
On the flip side, a new DeFi project, Rollblock has witnessed a 40% upsurge in its price after rising from $0.01 in stage one to $0.014 in stage 3 analysts believe it has all of the features to become the next 100x token in 2024!
Chainlink (LINK) Fails To Move Past $20
Chainlink (LINK) has been ranging over the last month, failing to break above the $20 psychological level. The price of Chainlink started an upward trend to touch this level but plunged back to $17. Despite the bullishness of analysts and cryptocurrency enthusiasts waiting for the continuation of the rally, the bulls of LINK could not come through even though Ethereum ETFs were approved by the SEC.
Even with this poor price move, crypto analyst Ali Martinez is hopeful about LINK. He feels that the Chainlink coin will rise up to 300% within the coming weeks. Currently, technical indicators stand on the bulls’ side for Chainlink, but it may take a different turn if LINK fails to hold above the $16 support level.
Tron (TRX) Price Movement Slows Down
Tron (TRX) is among the top altcoins that have not broken out of the bears’ zone. Analyzing the data provided by CoinMarketCap, we can observe that Tron has decreased in price by 5% on the monthly chart. An increase of only 3% YTD shows the major trend established by TRX has been more bearish than bullish.
Currently, the Tron coin, TRX, is trading at the $0.1105 – $0.1138 price range on the weekly chart. Although there is bearish price action, analysts believe that a rise in buying pressure may cause the token’s price to increase. If so, a bearish break of its current level could lead to the value of Tron jumping to hit $0.1449.
Rollblock (RBLK) Poised for Massive Rally After 20% Increase
Rollblock (RBLK) has become a household name in the past weeks due to its massive presale performance. Those who joined the first stage of its presale have witnessed 40% gains on their investment, bigger than what many top altcoins have achieved in the same period. This was after the price of Rollblock increased from $0.01 to $0.014 after entering stage 3.
Some market experts expect a major increase for RBLK, with a price target as high as $1 for the next few months, which makes it a good cryptocurrency to buy at the moment. Apart from the possible profits from RBLK, members of the Rollblock presale will be able to gain access to the Rollblock gaming ecosystem. It has over 150 of the best casino games that the users can gamble in order to win great prizes.
Most of these games do not require gamblers to undertake any strict KYC process to be played. Besides this, gamblers can fund their accounts in different cryptocurrencies to play these games. Another reason why this new DeFi project is becoming popular is its revenue-sharing model that allows users to receive a reward of up to 30% for staking their tokens.
This is possible because the Rollblock team has set aside up to 30% of the weekly income to repurchase some RBLK tokens in the market. Half of that quantity is burnt to bring scarcity and increase its long-term value, thus making RBLK the best cryptocurrency to buy for long-term gains. The other half is spread out as staking rewards.
In Summary
Chainlink and Tron are two top crypto coins that are not living up to the expectations of analysts currently. While they are battling with bearish pressure, their counterpart, Rollblock, is climbing up the price chart. Analysts have given a bullish prediction of 3000% for Rollblock in the coming months!
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino
