Bitcoin and Ethereum Show Bullish Signs as Market Enters Q4
As the market gears up for Q4, both Bitcoin and Ethereum are displaying bullish signs of a potential reversal, breaking through key resistance levels. However, the most attention-grabbing crypto in the market is Rollblock (RBLK), a low-cap gem currently in presale.
Fed Rate Cut Fuels Bitcoin (BTC) Surge
On Wednesday, the US Federal Reserve approved a 50-point cut in interest rates, igniting a surge in demand for riskier assets like Bitcoin. Over the past week, Bitcoin has seen a rally of nearly 10%, recovering from a volatile Q3 and reigniting investor interest.
With Bitcoin breaking several resistance levels, analysts predict that the cryptocurrency could surge past $65,000 in the coming weeks. Currently, Bitcoin is trading at $63,502.97 after a 0.50% intra-day increase. Bitcoin’s MACD line has formed a bullish crossover with the signal line, indicating that support at $60,850 could hold.
If the bullish momentum continues, Bitcoin is expected to test resistance at $65,379 within the next few days.
Ethereum (ETH) Breaks Out from Descending Wedge Pattern
Ethereum has also benefited from the recent buying spree triggered by the Fed’s rate cut, pushing its price above the critical $2,400 resistance level. Ethereum is currently trading at $2,546.46 after a 4.15% intra-day rise.
Despite some bearish sentiment within the community, Ethereum is now eyeing a move toward the $2,800 resistance in the upcoming weeks. While Ethereum’s RSI has entered overbought territory on the 4-hour ETH/USDT chart, the daily chart indicates more room for growth.
If the upward trend persists, Ethereum could push towards the 200-day SMA at $3,181.9 in Q4.
Rollblock (RBLK): A Low-Cap Gem with Massive Upside
Rollblock (RBLK) has been on a relentless rally, hitting milestone after milestone in its presale. This GambleFi protocol has already surged by 170%, and even the largest crypto whales are taking notice. Rollblock aims to disrupt the $500 billion per year global gambling market by introducing innovative blockchain-powered gaming solutions.
As Q4’s altseason approaches, analysts project that Rollblock could surge by 880% before its official launch. Currently, the token is still available at a presale price of $0.027, offering early investors an opportunity to capitalize on the upcoming growth.
Why Rollblock (RBLK) Is Set to Dominate the GambleFi Space
- No KYC verifications required for signup—new users can simply connect their wallets and deposit cryptocurrency.
- Access to over 7,000 AI-powered games within Rollblock’s ecosystem.
- Plans to introduce a sports betting feature, allowing users to bet on major leagues such as NBA, NFL, MMA, UFC, La Liga, and F1.
- High staking rewards of up to 30% APY for liquidity providers using the native $RBLK token.
With its innovative features and rapidly expanding ecosystem, Rollblock is positioned to be a major player in the GambleFi industry. As Rollblock continues to soar, analysts are predicting a potential 100x rally on launch day.
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