Ethereum

Rally

bullish

Toncoin

Toncoin has had an incredibly bullish run so far this cycle and raced to take its place inside the coveted crypto top ten coins. Some experts are calling for a coming dump, as whales and long-term holders take profits at these levels. Toncoin holders are rotating some of their profits to <a href="https://presale.rollblock.io/" rel="noopener noreferrer nofollow">Rollblock</a> ($RBLK), a hugely promising crypto casino token being tipped for massive 100x gains in the months to come.
<h2 id="span-style-font-weight-400-toncoin-ton-fails-to-follow-through-on-rally-above-7-span">Toncoin ($TON) Fails To Follow Through On Rally Above $7</h2>
Toncoin, the layer one chain associated with the hugely popular messaging app Telegram, has recently recorded a new high in active addresses on-chain per day. This is good news for the wider ecosystem, although this surge in user base has done little to move the Toncoin price, which finds itself flat on the weekly time frame at $6.59.
In August, Toncoin gained over 14% after news broke of its listing on the Binance exchange, the largest crypto platform by volume. This saw Toncoin reclaim the $6 level, above which it has been consolidating ever since. In the event of any volatility to the downside, Toncoin should find strength at the 200-day moving average, currently sitting at 5.66. Many Toncoin analysts see this as the ‘bull market support band,’ which bulls hope will hold going forward.
More bearish Toncoin market watchers are warning that Toncoin might well dip to around the $2.50 price point if an inverse head and shoulders trading pattern plays out on the charts. This, however, would likely be short-lived and be met with a wave of buy pressure.
<h2 id="span-style-font-weight-400-rollblock-rblk-sees-a-flurry-of-investors-betting-big-on-this-disruptive-web-3-casino-launch-span">Rollblock ($RBLK) Sees A Flurry Of Investors Betting Big On This Disruptive Web 3 Casino Launch</h2>
The much-hyped Rollblock (<a href="https://presale.rollblock.io/" rel="noopener noreferrer nofollow">$RBLK</a>) presale shows no sign of slowing down. Over 9,000 investors have so far rolled the dice and bet on the success of this revolutionary crypto casino. Rollblock is on a mission to bring trust and transparency back to the $450 billion gambling space.&nbsp;
Traditional casinos are plagued by allegations of bet tampering, which Rollblock has solved by encrypting all bets onto the Ethereum chain. It can also offer fully anonymous gaming, as no KYC information is required upon signing up.&nbsp;
Users can deposit over twenty popular accepted cryptocurrencies to begin exploring the 150 casino classics on the platform. These include popular new blockchain games and sports betting, which will also be added over the next few months.&nbsp;
Experts are tipping the native RBLK token for eye-watering gains in the coming months, thanks to a unique revenue share mechanism. This will see the $RBLK supply bought up by the casino using a portion of its operating revenue. These coins are then split between staking rewards and a burner account.&nbsp;
Such deflationary tokenomics, mixed with the incredible use case of Rollblock, is bound to cause $RBLK’s price to head for the stratosphere in 2024. Investors can currently buy $RBLK for just $0.021, though investors need to act fast with analysts anticipating another surge before the end of August.&nbsp;
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: <a href="https://presale.rollblock.io/" rel="noopener noreferrer nofollow">https://presale.rollblock.io/</a> Socials: <a href="https://linktr.ee/rollblockcasino" rel="noopener noreferrer nofollow">https://linktr.ee/rollblockcasino</a>&nbsp;
The post <a href="https://thecoinrise.com/could-toncoin-be-looking-at-drop-to-2-50-with-head-and-shoulder-pattern-forming-many-are-hedging-bets-with-rollblock/" rel="noopener noreferrer nofollow">Could Toncoin Be Looking At Drop To $2.50 With Head and Shoulder Pattern Forming? Many Are Hedging Bets With Rollblock</a> appeared first on <a href="https://thecoinrise.com" rel="noopener noreferrer nofollow">TheCoinrise.com</a>.

Could Toncoin Be Looking At Drop To $2.50 With Head and Shoulder Pattern Forming? Many Are Hedging Bets With Rollblock

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