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Polygon (MATIC) Under Strong Bearish Pressure Chainlink (LINK) Makes Minor Recovery in the Last 24 Hours Experts Predict Rollblock (RBLK) To Become Top DeFi Token of 2024Polygon (MATIC) and Chainlink (LINK) investors have stayed loyal for far too long and many have expressed frustrations with the lack of returns. Meanwhile, Rollblock’s early investors are already enjoying massive 100% gains, and many Polygon and Chainlinkinvestors are starting to buy as a result.
Polygon (MATIC) Under Strong Bearish Pressure
Polygon (MATIC) has been succumbing to the bears since early June. The Relative Strength Index (RSI) of 30 indicates that Polygon is in oversold territory. Since Polygon is also trading below the 50-day and 200-day SMA, analysts are hinting at a pessimistic short-term outlook.
In a shocking turn of events, however, Polygon has recovered 3.05% in the past 24 hours, bringing the current trading price up to $0.42. If the bulls can maintain this momentum in the upcoming weeks, Polygon’s downfall may come to an end.
Chainlink (LINK) Makes Minor Recovery in the Last 24 Hours
Chainlink (LINK) might be up 0.35% today, but analysts are more concerned about the steep 21% decline over the past 30 days. At press time, Chainlink was trading at $10.24, which is far from its all-time high of $52.7 in May 2021.
In the short term, Chainlink’s price analysis remains bearish. Its daily chart is already forming a falling wedge pattern, which indicates lower highs and lower lows before a major trend reversal. If investors lose confidence before the reversal, profit-taking may lead to steep dips in Chainlink’s price.
Experts Predict Rollblock (RBLK) To Become Top DeFi Token of 2024
With a massive crypto bull run around the corner, investors are lining up to get their hands on the most explosive altcoin of the year – Rollblock (RBLK). By bringing the fun of gambling to the unpredictable world of crypto, Rollblock is set to own a huge share of the $450 billion-a-year global gambling industry.
Rollblock’s new GambleFi token offers the level of utility and security that other casinos could only dream of. On Rollblock’s casino, every financial transaction and bet is inscribed on the Ethereum blockchain, setting a gold standard of security. Traders can link their wallets on Rollblock and deposit over 20+ compatible cryptocurrencies to start gambling right away.
Fully audited and regulated by Solid Proof, Rollblock offers more than 150 AI-powered games powered by Web3 technology. In the upcoming months, Rollblock will also add a betting platform for top sports leagues around the world.
With every game or bet won, players are rewarded with more $RBLK tokens. Investors can stake the token to earn passive income through Rollblock’s revenue-share scheme. Each week, Rollblock allocates up to 30% of its revenue for open market buybacks of the native $RBLK token. Out of the purchased tokens, a portion is burned forever to limit supply, and the remaining are distributed to investors as staking rewards.
Currently in stage 5 of its presale, Rollblock is selling at a low price of $0.02. Analysts are already projecting another 100x rally for Rollblock in 2024, so now is the perfect time to invest in Rollblock before the price explodes!
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://rollblockpresale.io/
Socials: https://linktr.ee/rollblockcasino
Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the viewsof Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.