Ethereum (ETH) Liquidations Lead to Massive Price Crash
Recently, an Ethereum whale liquidated nearly 8,000 ETH, valued at over $105 million. This move has triggered a surge in Ethereum’s trading volume by more than 50% today. As a result, Ethereum has experienced an intra-day decline of 3.29%, with the current trading price at $2,494.89.
The price crash has resulted in Ethereum’s daily chart turning bearish, with ETH trading below its 50-, 100-, and 200-day exponential moving averages (EMAs). However, increased buying pressure has led to a bullish trend in Ethereum’s MACD and Momentum Indicator. If Ethereum recovers, it may test the $3,201 pivot before Q4.
Polygon’s (MATIC) Intraday Dip Triggers Sell-Off
Polygon experienced a bullish rally last week, but bearish forces have since taken over. Currently, Polygon is trading at $0.4368, with an intra-day decline of 11.37%. Should this bearish trend persist, investors may start booking profits.
The MATIC/USD daily chart indicates that Polygon is trading below its 50-day EMA at $0.4896, which is now acting as the nearest resistance. The Momentum Indicator also signals a sell, making investors wary of a potential drop to support levels at $0.3549 and $0.2105 in the coming weeks.
Rollblock (RBLK) Kicks Off Presale Stage 6 with New ATH
With the fifth presale stage selling out in record time, Rollblock is poised to revolutionize the $500 billion annual gambling industry and the $2.1 trillion crypto market. Rollblock’s community-backed casino offers a unique online gambling experience featuring gold-standard security, revenue-sharing benefits, and deflationary tokenomics.
Rollblock aims to blend decentralized and centralized gaming experiences to establish a new era of trustworthy and secure online gambling. Fully backed on Ethereum, Rollblock eliminates issues like bet fixing and third-party manipulation. The platform also features a no-KYC policy, allowing for a quick and easy signup process.
Key features of Rollblock include:
- AI-Powered Casino Games: A selection of 150+ games that are active and generating revenue.
- Passive Income Opportunities: Traders can earn weekly passive income through Rollblock’s revenue-share model by becoming liquidity providers.
- Token Repurchase and Distribution: Rollblock repurchases $RBLK using 30% of its casino revenue and distributes these tokens to stakers with the highest annual percentage yield (APY).
Today, Rollblock has launched stage 6 of its presale with a new all-time high (ATH) of $0.024. This represents a 140% increase from the initial presale price, and analysts project an 800% surge by the time $RBLK is listed on the open market.