Rollblock (RBLK) Crypto Presale Pushes $1Million, Bitcoin (BTC) Bounce Back, Privacy Coin Monero (XMR) Loses Support

Bitcoin (BTC) and Monero (XMR) Market Update Recent Trends and Insight

Not all cryptocurrencies are built the same, and the volatility in the crypto market over the last few days has tested this concept. Bitcoin (BTC) has experienced huge price fluctuations in the last month alone, despite a bull market. It has effectively dropped 34% in price from June 2024 and is now testing the bearish lows of the last bear market. Concurrently, Monero (XMR), a privacy heavyweight and veteran from 2014 in the world of crypto, has plummeted from the $180 price range reached in June.

Rollblock (RBLK), on the other hand, a new GambleFi cryptocurrency, has seemingly traversed this volatility smoothly. It has just surpassed the $1 million mark in funds raised and continues to grow daily. Given its rapid adoption, experts believe the project could see a massive 100x surge in Q3. 

Bitcoin (BTC) Redeems Ground and Nears the $60,000 Range

Bitcoin (BTC) has dramatically dropped to the $55,000 price level in what appears to be an all-out capitulation. However, this looks more like a correction than a return to the bear market. Upon closer inspection, the $53,447 horizontal major resistance has firmly held, and a small yet significant bounce to the $59,000 price level was achieved. The diagonal daily resistance from the June 2024 highs also seems breachable in the coming weeks.

Additionally, a cross in the MACD indicator daily suggests that all hope is not lost for Bitcoin (BTC) to continue rising in price. In the last three days alone, Bitcoin (BTC) has already gained an 11.28% recovery in the Binance spot market. This coincides with the significant Bitcoin (BTC) ETF inflows worth $654 million, according to InsideBitcoins. Unfortunately, strong selling pressure from entities such as Mt. Gox and the German government appears to be holding the price back due to aggressive liquidations.

Monero (XMR) undergoes another pullback at the dreaded $180 range

Monero (XMR) is experiencing the same trend as Bitcoin (BTC). Since May 11, 2022, Monero (XMR) appears to be in a bear market trance state, fluctuating between the $202 and $86 price levels. Although it uniquely offers users a higher level of privacy and decentralized transactions, there is skepticism about whether Monero (XMR) can ever reach its all-time highs again.

Monero (XMR) has suffered a 40% dip in its spot price. This is troubling because, unlike Bitcoin (BTC), Monero (XMR) cannot seem to overcome the $180 resistance level. The Monero (XMR) $156 support level has also been destroyed, suggesting that a further decline to the $117 support level is possible with any minor price dump. 

Approximately $4.741 million has already been lost in open interest, indicating significant deleveraging in the market. This may help push Monero’s (XMR) price across the dreaded $180 resistance level. However, the volume delta daily remains predominantly red with significant strength, indicating that more selling could be forthcoming.

Rollblock (RBLK) Blasts Through A Million Dollars In Presale

Gambling is widely popular, but trust is often eroded due to transparency issues, a common problem in online casinos. Rollblock (RBLK), a new GambleFi protocol, ensures that each transaction is immutable and permanent, making bets impossible to alter once placed. 

Rollblock (RBLK) introduces a community-backed crypto casino that allows token holders to obtain a percentage of the casino revenues by simply holding the native $RBLK token. This unique revenue share model has proven to be a big hit, with Rollblock attracting over 4,000 in just a few weeks. 

As part of this model, Rollblock will use its revenue to buy $RBLK from the open market, burning half of what it buys while using the rest for staking rewards. Token holders can stake $RBLK to become liquidity providers within the Rollblock (RBLK) ecosystem, where they can earn up to 30% APY. 

Currently, in the third stage of its presale, Rollblock (RBLK) has already raised over $1 million. The presale provides users with a unique opportunity to purchase $RBLK at a super-discounted price of just $0.0154, though tokens are expected to soar in upcoming weeks.

The Rollblock (RBLK) Casino is also set to introduce sports betting to the platform, allowing users to bet on a range of markets, including NBA, golf, NFL, tennis, soccer, Formula 1, and boxing, among others. Investors looking to maximize their returns need to act fast as analysts speculate a 25x rally in July, and a massive 720% price increase during the Rollblock presale alone. 

Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!

Website: https://Rollblockpresale.io/
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