All news is rigorously fact-checked and reviewed by leading blockchain experts and seasoned industry insiders.
Ethereum’s ongoing consolidation could herald a massive rally, while Chainlink is partnering with Brazil’s CBDC pilot program to expand its real-world adoption. Meanwhile, Rollblock is going through its presale, raising over $5.67 million in record time.
Ethereum (ETH) Enters Consolidation Phase Following Post-Election Rally
Ethereum has been trading sideways for the past few days as its current range narrows. While some analysts are predicting a complete collapse by the end of 2024, others are optimistic that Ethereum is forming a bullish triangle on its daily chart. If this ABCDE pattern is confirmed, Ethereum’s price could jump to a significant $3,500 mark.
Ethereum is currently trading at $3,104.22, experiencing a minor intraday decline of 0.98%. Ethereum volume has also declined by 19.57% over the past 24 hours, indicating a significant decrease in activity on the network. If Ethereum’s ongoing correction leads to profit taking, analysts believe its price could retreat to the $2,900 support level before bullish momentum emerges.
Chainlink (LINK) Becomes Partner in Brazil’s CBDC Program
Chainlink recently entered into a major partnership with a Brazilian CBDC pilot program that aims to create a trade finance solution using blockchain technology. As Chainlink contributes its cross-chain interoperability protocol to the project, analysts expect demand for Chainlink to skyrocket in the coming weeks. Chainlink’s price has already risen 26.96% during the post-election rally, making investors optimistic about further gains in the future.
Chainlink is currently trading at $14.82 after an intraday decline of 0.58%. Despite the small correction, Chainlink is still trading above all its simple moving averages on the LINK/USDT daily chart. Since Chainlink’s RSI has not yet entered the overbought zone, analysts believe that Chainlink may test the overhead resistance level at $15.803 in the near future.
Rollblock (RBLK) Dominates DeFi Market as Pre-Sale Demand Soars
Rollblock is disrupting the entire DeFi market and the $500 billion-a-year global gambling industry with its new iGambling project. While there are several online gambling platforms on the market, none can compete with Rollblock’s Ethereum-based security and ingenious revenue-sharing model.
As Rollblock strives to improve the user experience, the platform offers a quick and easy registration process where traders can connect their wallets and purchase RBLK tokens. They can then use these tokens to play any of the 7,000 AI games on Rollblock. If that weren’t enough, Rollblock’s top priority is user security, so every bet and financial transaction is encrypted directly on the immutable Ethereum blockchain. With this gold standard of security, Rollblock’s iGambling project offers the fairest gambling experience on the market.
In addition to playing and betting, traders can use RBLK tokens to earn weekly passive income. Traders can become long-term liquidity providers in the Rollblock ecosystem and earn weekly staking rewards of up to 30%. To make things even better, Rollblock also hosts weekly events on its official Discord channel to give traders a real sense of community.
With Rollblock bringing fun and excitement back into crypto trading, it’s no surprise that the platform’s native token, RBLK, has already surged 260% during its pre-sale. With analysts already hinting at 880% returns for RBLK holders before the token’s official launch, now is the time to invest in Rollblock at a low price of just $0.036 per token.
Discover the exciting Rollblock (RBLK) presale opportunities today!
Website: https://rollblockpresale.io/
Social networks: https://linktr.ee/rollblockcasino
