Bitcoin Cash and Flare Holders Are Dropping Their Holdings in Favor of This New Crypto Presale

Bitcoin Cash hit a new yearly high last April 2024, peaking at $695. However, its days of being a potential 100x crypto are long gone.

Bitcoin Cash price analysis shows a bearish trend in July. After hitting a yearly high of $695 in April, Bitcoin Cash has seen better days. The price is down 16% in the past 30 days, and it’s showing no signs of stopping. But while Bitcoin Cash investors are cutting their losses and moving on, they’re not cashing out of crypto entirely. Instead, they’re rolling the dice on what analysts are calling the next 100x crypto, and its presale is gaining major steam in stage 3.

Bitcoin Cash Hits Yearly High, but Days of Being a Potential 100x Crypto Are Over

Bitcoin Cash soared to new yearly highs of $695 in April, coming off the heels of Bitcoin’s surge to new all-time highs of $73,700 in March. However, as of July, Bitcoin Cash has been stuck in a month-long rut.

The price is down 16% in the past 30 days, trading at $367 at press time. Despite the gaudy all-time highs it reached in the 2017 bull run when it hit a massive $3,785 per Bitcoin Cash token, no one is expecting Bitcoin Cash to come anywhere remotely close to those highs in 2024.

Instead, investors are looking into new crypto presale opportunities that have a legit chance at being a 100x crypto—like Rollblock.

Bitcoin Cash Price Analysis: 30-Day Price Chart Shows a Clear Downtrend

The 30-day price chart for Bitcoin Cash shows a clear downtrend. After hitting a local high of $450 in June, the price fell sharply to $367 at press time. The downtrend is also evident in the moving averages, which are all sloped downwards. The 5-day moving average is currently at $410, while the 20-day moving average is at $425.

The relative strength index (RSI) is currently at 35, indicating that the price is oversold. This could lead to a short-term bounce in the price, but the overall trend is still bearish.

Bitcoin Cash Price Analysis: What to Expect in the Coming Weeks

As the price continues to fall, Bitcoin Cash investors are losing hope that the token will ever reach new all-time highs again. But while they’re cutting their losses and moving on, they’re not cashing out of crypto entirely. Many are rolling the dice on what analysts are calling the next 100x crypto, and its presale is gaining major steam in stage 3.

The project is creating an iGaming and DeFi platform powered by its native RBLK token, which will bring online casino gaming, DeFi, and Play-to-Earn under one unified protocol. Apart from being able to use RBLK tokens to bet on Rollblock’s no-KYC online casino and sports markets, holders will be able to stake the token for passive yield and casino rewards/promotions.

Better still, Rollblock holders will earn a percentage from the online casino and sports betting market’s revenues, rewarding early holders.

Midway through stage 3 of its presale, RBLK tokens are available at a significantly discounted price of just $0.015. With token prices scheduled to increase in every succeeding stage of the presale, early participants will be sitting on a profit even before Rollblock lists and launches on exchanges.

Stage 1 presale participants, for instance, are already up by 50% and those gains are just programmed for parabolic growth in the coming days and weeks. The current price of $0.0158 is an ideal opportunity to buy into a project with the potential to turn into a 100x crypto.

The presale has already raised over $1.1 million, showcasing the project’s potential for growth very early on. Investors looking to turn in major profits in 2024 will do well to join the hottest new crypto presale of 2024 with Rollblock.

Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!

Website: https://presale.rollblock.io/

Socials: https://linktr.ee/rollblockcasino

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