Cardano and Solana both experienced high buying pressure for the last seven days but they are now facing corrections. Meanwhile, savvy traders are turning towards Rollblock’s viral presale which has already reached a new all-time high price in stage 8 of its presale.
Cardano (ADA) Rally Ends with a Disappointing Decline
Cardano’s price rallied by a massive 52.26% over the past seven days as whales put significant buying pressure on the token. Although analysts expected the Cardano rally to last longer, Cardano’s price chart has already entered a consolidation phase. Cardano is currently trading for $0.5778 after an intra-day decline of 4.83%.
Cardano’s volume has also decreased by 6.77% over the last 24 hours as the buying pressure cools down. Since Cardano’s RSI has entered oversold territory, analysts expect Cardano’s price to face steeper declines in upcoming weeks. If selling pressure increases, Cardano’s price could face the nearest support at $0.309 within the next few days.
Solana (SOL) Targets Ethereum’s Economy After Breaching $200
Solana recently breached the critical resistance level at $200 as the token’s buying activity reached a new peak. According to a report by Synracy Capital, Solana is getting closer to overthrowing Ethereum in terms of every economic metric. In October, Solana’s real economic value was 111% higher than Ethereum which means Solana’s network activity is trending upwards.
Solana is currently trading for $212.12 after a minor intra-day decrease of 3.32%. Solana’s volume has still increased by 16.53% over the last 24 hours which means the buying pressure hasn’t ended yet. Since Solana’s MACD Level is still flashing buy signals, analysts expect Solana to target the $250 level within the next few weeks.
Rollblock (RBLK) Promises Highest APYs in the Market with Viral Revenue Sharing Model
Rollblock’s crypto native protocol has made headlines ever since its presale launch as the platform has already raised more than $5.38 million in record time. market experts are already tipping at 880% gains for RBLK before the end of 2024.
Rollblock is also attracting traders with its remarkable revenue sharing model. By the end of each week, Rollblock uses up to 30% of its operational earnings to repurchase RBLK tokens on decentralized exchanges.
Approximately 40% of these tokens are used to distribute staking rewards to current Rollblock investors as rewards while the remaining 60% are burned forever to maintain the supply hard cap of 1 billion tokens. Since RBLK has a scarce supply, analysts expect the token to follow a strictly deflationary price trend over time.
If these rewards weren’t enough, then Rollblock is also offering a 50% deposit bonus to new presale buyers. This limited time offer means that traders can get more value for their money by becoming exclusive presale holders. Once the presale concludes, Rollblock’s VIP-tier presale holders will also receive exclusive bonuses based on their RBLK holdings.
Since traders can earn huge returns by investing in Rollblock’s new project, market experts are predicting a huge surge in demand within the next few days. Rollblock’s native RBLK tokens are currently selling for only $0.035 each which makes now the best time to invest before the upcoming price surge. Head on over to Rollblock to take advantage of their 50% bonus offer now.
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://rollblockpresale.io/
Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.