Solana can’t record any significant price movements unless it breaches the critical $160 resistance, and Aptos’ major token unlock is creating a lot of uncertainty in the market.
Amidst this sentiment, savvy traders are switching to newer DeFi gems like Rollblock (RBLK) which is already poised for 880% gains before the end of its presale.
Can Solana (SOL) Breach the Critical $160 Resistance?
Solana failed to breach the $160 resistance for the third time during the previous week, resulting in a steep decline down to $134. Now, Solana is making a promising recovery as analysts believe Solana could soar past the $330 level before the end of Q4. Solana is currently trading for $149.47 after an intra-day increase of 2.63%.
Solana’s volume has also increased by 124.42% over the last 24 hours, indicating a sudden rise in investor interest. If buying pressure is sustained, Solana could test the $150 resistance before the end of this week. If Solana manages to sustain that level, then analysts believe it could test the $160 resistance once again towards the end of October.
Aptos (APT) to Unlock $99M Worth of Tokens This Week
Aptos is all set to unlock $99.30 million worth of new tokens this week which is part of a broader token-unlock trend across the crypto market. Although the implications of this token unlock are still uncertain, Aptos’s community sentiment has turned bullish already. Aptos is currently trading for $8.70 after a minor 0.76% intr-day decrease.
Aptos’ volume has also increased by a massive 73.41% over the last 24 hours which suggests that traders are buying the current dip before the much-anticipated token unlock. Since Aptos is flashing strong buy signals on its daily chart, Aptos’ price is expected to skyrocket in the next few days. If buying pressure continues to increase, Aptos could test the nearest resistance at $9.04 soon.
Rollblock (RBLK) Experiences Surge in Demand Ahead of Q4 Bull Market
There might be several explosive tokens in the market right now, but none of them come close to Rollblock’s new GambleFi project. Within a few months, Rollblock has managed to raise more than $4.14 million with 15,000+ early investors. If this bullish momentum continues in Q4’s bull market, Rollblock is expected to become the leading DeFi altcoin by December 2024.
Rollblock’s iGambling ecosystem is centered around the project’s native $RBLK token which also functions as an independent utility token. Instead of relying on other cryptos for its casino, Rollblock’s ingenious strategy to create its digital asset is the main reason why Rollblock is predicted to revolutionize the $500bn per annum global gambling industry.
Aside from using $RBLK for all in-game payouts, Rollblock also offers a weekly passive income to long-term holders. With Rollblock’s ingenious revenue-sharing model, the platform repurchases tokens on the open market using its weekly casino revenue and distributes these tokens as rewards with up to 30% yield.
Alongside long-term utility, Rollblock is also bringing fun and trust back to the crypto trading world by offering a massive selection of 7,000+ AI-powered games. Since all these games are fully regulated by Solid Proof and Gaming Curacao, traders don’t have to worry about any third-party manipulations when gambling at Rollblock’s casino.
Rollblock’s presale stage 7 is already 17% sold out, and analysts are anticipating a new all-time high for the token within the next few days. For a limited time only, Rollblock is selling $RBLK tokens for a low price of only $0.03 each.
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://rollblockpresale.io/
Socials: https://linktr.ee/rollblockcasino
Source: https://coinpedia.org/press-release/crypto-analysts-are-bullish-on-altcoins-like-rollblock/