Solana and Cardano Are Ranging, as Upside Momentum Seems to be Exhausted

Despite seeing significant rebounds, Solana and Cardano are currently ranging, as upside momentum seems to be exhausted for now. This is not a unique situation

Solana (SOL) and Cardano (ADA) have shown signs of stalling in their respective price movements, while a lesser-known crypto casino platform, Rollblock (RBLK), has been quietly surging in the presale.

Solana (SOL) Price Analysis

Solana (SOL) had a strong run-up to finally flipping BNB on the crypto totem pole. However, as Solana encountered the crucial resistance at $193, it faced quick rejection from the bulls. This caused SOL to tumble back down to $180, resulting in a 5% correction.

From a technical standpoint, Solana bulls will now be looking to push through this resistance and hold it as support. If this occurs, we can expect another leg up to the next crucial resistance level at $220. On the other hand, if Solana fails to break through $193, it risks falling back down to $172.

Mid and long-term projections for Solana indicate that a new all-time high is likely before the end of 2024. On top of that, investment management firm VanEck has captured attention with talks about a spot Solana ETF in the near future.

Solana (SOL) Price Analysis Chart

Cardano (ADA) Awaits Chang Hard Fork As Q3 Begins – What Does This Mean For ADA Price?

Cardana (ADA) is preparing for the highly anticipated Chang Hard Fork, which is expected to finally decentralize Cardano and hand over the keys of the city to its thriving community. While this bullish news spells massive rallies for ADA in the near future, the current picture is a bit different.

After a strong rebound from the early July bottom at $0.32, Cardano currently trades around $0.40. Analysts expect Cardano’s price to rise above $1 as the Chang Fork rolls out. But for this to happen, ADA will have to break out of its range first.

As Q3 begins, Cardano is facing crucial resistance at the $0.42 price level. If ADA manages to break through this resistance and hold it as support, we can expect a rally up to the next crucial resistance at $0.48. From there, further bullish momentum could propel Cardano towards the psychological level of $0.6.

However, if Cardano fails to break through $0.42, it risks falling back down to the next crucial support level at $0.36. Below this support, we can expect a跌落至 $0.32 附近的关键支撑位。跌破此支撑后，将继续下探 0.28 美元。

Cardano (ADA) Investors Await Chang Hard Fork, What Does This Mean For ADA Price Analysis Chart

Crypto Casino Platform Rollblock (RBLK) Introduces Olympic Giveaways For Discord Members

A community-driven crypto casino, Rollblock (RBLK) is making waves in the Web3 scene with its unique DeFi-powered revenue-share model. By leveraging blockchain technology, Rollblock ensures that all transactions are easily traceable and completely immune to manipulation. This solves the major issues plaguing the online casino space: lack of transparency, trust, and security.

The platform is fully licensed and already generates revenue, with new active users being onboarded every day. Unnecessary barriers to entry are removed by the no-KYC policy and players can immediately enjoy one of over 150 games available.

Among Rollblock’s (RBLK) unique features is the revenue-share model, which serves as its crown jewel. In this model, up to 30% of the casino’s weekly revenue will be invested to buy back RBLK tokens. Half of this amount will be rewarded to holders who stake RBLK, offering some of the highest APY in the space. The remaining half will be burned, creating a deflationary environment that will drive up the price of RBLK over time.

To celebrate the Olympic games in France, Rollblock has also launched its Olympic giveaways for its Discord members, where participants will receive numerous prizes on a daily basis.

Currently, stage 4 of the RBLK presale is wrapping up, and tokens have already increased in value by 75%, currently selling for $0.0175. Experts believe RBLK could skyrocket by over 800% by the end of the final stage, meaning that early investors will see incredible gains as the GambleFi narrative gains traction!

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

Website: https://presale.rollblock.io/ Socials: https://linktr.ee/rollblockcasino

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