Dogecoin’s recent highs are coming to an end as the token enters a correction phase while Arweave investors are still waiting for the token to make significant movements. Meanwhile, Rollblock’s crypto casino is attracting a huge influx of investors in its 7th presale stage because of the generous staking rewards with up to 30% APY.
Dogecoin (DOGE) Experiences Minor Correction After October Rally
Dogecoin has entered a minor correction phase after recording a significant 27.67% uptick in October. As some Dogecoin short holders start booking profits, Dogecoin’s price has dropped by 9.5% from its local high of this week. Since Dogecoin is still attracting significant whale attention, analysts believe Dogecoin’s price could experience another rally in November.
Dogecoin is currently trading for $0.1392 after a small intra-day increase of 0.86%. Dogecoin’s volume has increased by 4.90% over the last 24 hours which reflects the slight increase in selling activity. Since Dogecoin’s RSI is now retreating from the overbought zone, Dogecoin’s price could test the $0.1549 resistance in the next few weeks.
Arweave (AR) Expected to Break Out of Horizontal Trading Pattern
Arweave has recently made headlines with its innovative decentralized storage solution that allows users to store data permanently on a blockchain network. Arweave has recently gained significant attention as more dApps seek decentralized and long-term storage solutions. Since Arweave has been trading in a horizontal pattern for the last few weeks, analysts are expecting Arweave to break above the $25 level in Q4.
Arweave is currently trading for $18.16 after an intra-day increase of 1.01%. Arweave’s volume has also increased by 10.73% over the last 24 hours which suggests growing investor confidence. Since Arweave is currently trading below all of its Simple Moving Averages, Arweave needs to attract more buying activity to trigger a rally towards the critical $21.76 pivot.
Rollblock’s (RBLK) Price to Surge Even Higher Before Official Launch
Rollblock’s viral crypto-native casino already has more than 15,000 daily active users but analysts believe this GambleFi project is poised for even bigger gains in Q4. Although Rollblock’s presale was only launched a few months ago, the platform has already raised nearly $5 million because of high investor confidence. If Rollblock manages to upkeep this momentum in the next few months, analysts believe the platform’s native $RBLK token could record more all-time highs ahead of its official launch on decentralized exchanges.
Since Rollblock’s casino has the best features of both centralized and decentralized gaming, the platform is expected to own a significant market share of the global gambling industry by 2025. If that happens, Rollblock’s market cap could rally by more than 100x and push the token into the Top 5 cryptos list.
The reason why retail and institutional investors are betting on Rollblock is the platform’s massive collection of casino games that are all powered by the latest Web3 technology. Even during the token’s presale, Rollblock’s casino is already active and generating revenue with more than 7,000 AI-powered games. Since Rollblock offers both casino classics like poker and new Web3 titles like KENO, analysts are expecting Rollblock to become the leading GambleFi project within the next few months.
Rollblock’s presale stage 7 is already 60% sold out due to the low entrypoint of only $0.0318 per token. With analysts hinting at another price surge for RBLK in the next few days, investors are showing increased interest in this GambleFi token before the price skyrockets.
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