Major cryptocurrencies like Bitcoin and Ethereum are experiencing market volatility. Let's review the current prices and data for these assets and get acquainted with the new project Rollblock.
Bitcoin Tests $60K Level
In recent months, Bitcoin has struggled to break the $60K level. With an intra-week drop of 6.08%, the current price of Bitcoin stands at $59,165.88. The SOPR indicator shows that traders are selling at losses, and the 22.54% increase in trading volume does not promise positive changes. Bitcoin needs to break the 50-day EMA at $61,063 to initiate a rally up to $66,498. However, current MACD and Momentum indicators show negative market sentiment.
Ethereum Faces Further Declines
After trading in the red for the past 30 days, Ethereum's price rose 5% today to $2,545.03. However, the 22.5% increase in trading volume suggests traders are selling their assets. The daily chart shows that Ethereum is trading below the 50-day EMA at $2,805.83. The RSI indicator is in the lower neutral zone, predicting further declines before a potential rally. Hull Moving Average and MACD lines give hope for a potential uptrend in the coming days.
Newcomer on the Market: Rollblock ($RBLK)
Rollblock ($RBLK) is making waves in the crypto market with new highs. This project combines the traditional iGambling model with cryptocurrencies, providing unique opportunities in GambleFi. The platform uses its native $RBLK token for participation in games and earning revenue shares. Every week, Rollblock uses 30% of its revenue to buy $RBLK on the open market, with half of these tokens being burned, making the token deflationary. Integration with Ethereum's blockchain ensures the security of all transactions. In the sixth stage of the presale, Rollblock's price surged 140% to $0.024. The project has attracted over 12,000 investors anticipating an 800% growth by the end of the presale stages.
Major cryptocurrencies continue to show volatility amid market conditions. Meanwhile, new projects like Rollblock demonstrate significant potential in blockchain and gambling industries.
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