Aave

bullish

Momentum

Optimism

In spite of recent bullish momentum, Aave (AAVE) and Optimism (OP) are both seeing a fierce face-off between the bulls and bears. Meanwhile, Rollblock (RBLK) is soaring through the charts by recording a massive 120% rally since the beginning of presale.&nbsp;
<h3 id="strong-aave-aave-struggles-with-mixed-market-sentiment-strong">Aave (AAVE) Struggles with Mixed Market Sentiment</h3>
Aave’s price has been on a consistent uptick over the past week by recording 25.19% intra-week gains. However, a minor intra-day decline of 0.67% has now pushed the price down to $139.33, hinting at a cautious community sentiment. On the AAVE/USD daily chart, Aave is trading above its 50-, 100-, and 200-day EMAs, signaling strong bullish momentum.&nbsp;
Even though Aave’s RSI hasn’t reached oversold territory yet, technical indicators like the CCI and Momentum Indicator are hinting at a bearish trend. If Aave can breach the pivot at $141.13, it may experience a rally up to $150.89 in upcoming weeks. If not, Aave’s price may fall to $133.64 as selling pressure picks up.&nbsp;
<h3 id="strong-optimism-op-turns-bullish-on-4-hour-chart-strong">Optimism (OP) Turns Bullish on 4-Hour Chart</h3>
Optimism’s price is up by 24.13% over the last seven days, pushing Optimism’s current value up to $1.63. However, the 13.07% decline in 24-hour trading volume suggests that investors haven’t yet gained confidence in Optimism’s future growth potential.&nbsp;
Even though Optimism is trading below its moving averages on the daily chart, it has now broken above its 50-, 100-, and 200-day EMAs on the 4-hour chart. While the MACD Level is flashing a buy signal, the Momentum Indicator still suggests strong bearish pressure. If Optimism breaches the nearest resistance at $1.67, it may soar as high as $1.86 in upcoming weeks.&nbsp;
<h3 id="strong-rollblock-s-rblk-anticipated-price-hike-triggers-massive-rally-strong">Rollblock’s (RBLK) Anticipated Price Hike Triggers Massive Rally</h3>
Analysts have been talking about a huge price surge for Rollblock in the next few days, and it seems like the bulls listened very carefully. With Rollblock’s presale stage 5 nearly 60% sold out in one week, this new GambleFi protocol is set to disrupt the $450 billion per annum global gambling industry even sooner than expected.&nbsp;
Rollblock’s play-to-earn, crypto-based casino integrates decentralized and centralized gambling, and it does all that on the Ethereum blockchain. With these features, Rollblock offers top-tier security and anonymity to traders who wish to enjoy gambling without worrying about data leaks or third-party manipulation. Aside from encrypting every transaction on Ethereum’s DLT, Rollblock has a no KYC policy that makes it simple for new traders to join the casino by linking their wallets.&nbsp;
While trust and transparency are on the forefront of Rollblock’s casino, the real reason why it has experienced such bullish growth is the revenue-sharing model. Every week, Rollblock uses 30% of its casino returns to repurchase the platform’s native $RBLK tokens on the open market. Then, half of these tokens are distributed to current holders as staking rewards with the highest yield in the market, giving Rollblock investors a steady stream of passive income.&nbsp;
Currently selling at a shockingly low price of $0.022, it is no surprise that traders want to get their hands on Rollblock before it experiences another price hike. Given this monumental growth, market experts believe Rollblock could record 800% gains before the end of its presale stages.&nbsp;
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: <a href="https://rollblockpresale.io/" target="_blank" rel="noopener noreferrer nofollow">https://rollblockpresale.io/ </a>Socials: <a href="https://linktr.ee/rollblockcasino" target="_blank" rel="noopener noreferrer nofollow">https://linktr.ee/rollblockcasino</a>&nbsp;
The post <a href="https://www.ethnews.com/aave-and-optimism-up-surge-on-the-cards-lock-in-for-profits-as-rollblock-price-hike-has-already-doubled-patrons-initial-investments/" rel="noopener noreferrer nofollow">Aave and Optimism Up Surge on the Cards? Lock In for Profits as RollBlock Price Hike Has Already Doubled Patrons Initial Investments</a> appeared first on <a href="https://www.ethnews.com" rel="noopener noreferrer nofollow">ETHNews</a>.

Aave and Optimism Up Surge on the Cards? Lock In for Profits as RollBlock Price Hike Has Already Doubled Patrons Initial Investments

Table of Contents

ETHNews

Other articles published on Aug 27, 2024

Arbitrum DAO Passes Major Proposal to Boost ARB Token With Staking

Will XRP Lose Golden Cross? Here's Answer

SunPump Surges Ahead of Pump.fun With $585,000 Revenue in a Day

Coinbase CEO Brian Armstrong Sees Stablecoins Leading Crypto Payment Adoption

UAE Takes Action in Telegram CEO’s Arrest: Latest Updates and Diplomatic Tensions

India’s CBDC Surpasses 5 Million Users Amid Cautious Rollout

Join our free newsletter for daily crypto updates!