This New Altcoin is Up 150% as AVAX And LINK Holders Migrate in Huge Numbers
The post This New Altcoin is Up 150% as AVAX And LINK Holders Migrate in Huge Numbers appeared on BitcoinEthereumNews.com.
SPONSORED POST* Even if Avalanche and Chainlink turn bullish now, their recent losses have made many investors sell out already. Instead of waiting around for big gains, savvy traders are already betting on Rollblock’s crypto casino to become the next 100x token in the market. Is Avalanche (AVAX) Turning Bullish? Ever since Avalanche breached the $22 resistance, it has been on a constant uptick. After another intra-day surge of 4.73%, Avalanche is currently trading at $23.78. Since the 23% uptick in Avalanche’s volume suggests increased investor confidence, Avalanche may turn bullish in the next few days. Avalanche’s daily chart is also hinting at a bullish rally as Avalanche has broken above the 50-day SMA. Even Avalanche’s Momentum Indicator and MACD line are suggesting a bullish formation. If these projections stand true, Avalanche may test the $28.11 resistance sooner than expected. Analysts Expect a Chainlink (LINK) Reversal Chainlink may have been on a downtrend lately, but it is now closing in on overbought territory. If it does, Chainlink’s price may experience a reversal to test the $11.06 resistance. For now, Chainlink is trading for $10.46 with an intra-day surge of 2.4%. Although the 37.67% increase in Chainlink’s volume suggests a sell-off, a majority of Chainlink investors are choosing to hold their tokens for now. Since Chainlink has broken above the 50-day EMA on its 4-hour chart, there are chances for more upticks in upcoming weeks. Even Chainlink’s MACD line supports the bullish sentiment as it is currently trading above the signal line, hinting at bullish dominance. Rollblock (RBLK) Steals the Whales’ Attention with 150% Rally Even though Avalanche and Chainlink are still big tokens, all the hype is now shifting to Rollblock’s viral crypto casino. This ECR20 gem has already experienced a 150% rally during presale, and analysts are already talking…
Filed under: News - @ September 11, 2024 8:21 am