Avalanche (AVAX) Stuns Investors with Sudden Rally
Avalanche’s high-performance blockchain has regained investor confidence after surging over 10% in the past week. Currently trading at $24.01, Avalanche also saw an intra-day surge of 2.78%. However, new traders remain cautious as Avalanche’s trading volume has decreased by 7% today.
Despite trading above the 50-day EMA on the AVAX/USD daily chart, Avalanche’s price is still below the 100-day and 200-day EMAs, which are $26.45 and $29.07 respectively. The MACD line and Momentum Indicator are both showing bullish signals. If buying pressure increases, Avalanche could potentially rise to the $28.11 resistance level in the coming weeks.
Can Sui (SUI) Reach $1?
After a challenging 30 days, Sui is making a strong comeback. With a 15.2% gain over the past week, Sui is currently trading at $0.922. Additionally, Sui’s trading volume has increased by 6.56%, indicating growing bullish momentum.
The SUI/USD daily chart shows that Sui’s price has surpassed both the 50-day and 100-day EMAs. Although the Momentum Indicator remains bearish, the RSI line suggests potential for further price increases in the coming weeks. If bullish momentum continues, Sui could reach the resistance trendline at $1.1221 soon.
Rollblock (RBLK) Leaves Tokens Behind with 150% Presale Rally
Despite the recent positive performance of AVAX and SUI, Rollblock continues to outperform with its innovative approach to online gambling. Rollblock merges the best features of centralized and decentralized gambling to create an Ethereum-backed, crypto-native casino.
With a 150% rally during presale stages, Rollblock is drawing attention for its potential 100x return once the token is launched on the open market. This optimism stems from Rollblock’s focus on enhancing user experience, eliminating KYC checks, and using the immutable Ethereum blockchain to ensure privacy and anonymity for its users.
Rollblock’s native token, $RBLK, is a play-to-earn token available for purchase on the official website or through Rollblock’s extensive selection of over 150 AI-powered games. As a utility crypto with deflationary tokenomics, $RBLK can be staked to earn weekly rewards of up to 30% APY. The platform supports this by conducting weekly open market buybacks of $RBLK using 30% of its casino revenue. After distributing rewards, half of the tokens are permanently burned, capping the total supply at 1 billion.
Having raised nearly $3.5 million during presale, Rollblock is expected to hit the $10 million milestone before its official launch. If this happens, early investors could see gains of up to 800% by the end of Q4.