October 14, 2024
Altcoin News

We Examine Top Altcoins Set For Parabolic Rallies Once Bitcoin Makes New All-Time Highs

Some investors are closely watching certain altcoins poised for huge rallies as soon as Bitcoin reaches a new all-time high. Two altcoins that might see parabolic gains once Bitcoin regains its old records are RollBlock (RBLK) and BNB (BNB). 

These altcoins possess an excellent potential for growth owing to favorable industry trends and the innovativeness of these projects. Why will these altcoins experience parabolic rallies during the next bullish wave? Let’s find out!

Bitcoin (BTC) Maintains Strong Support

Bitcoin has traded between $59,930 and $65,673 in the last few weeks. The premier coin’s nearest resistance is at $68,533 while support is at $57,047. The RSI shows Bitcoin isn’t overbought, with signs of a movement room. Even so, the MACD is negative suggesting potential downtrends. Bitcoin has climbed 6% in 1 month but dropped over 10% in a year. 

If Bitcoin can trade for more than $68,533, BTC could achieve $74,275 —- a gain of more than 15%. However, BTC might drop to $51,305 if it trades below $57,047. Bitcoin remains in a tight trading range with potential losses or gains ahead.

Could BNB (BNB) Break $600?

BNB (BNB), like Bitcoin, has continued to be relatively stable since July. The price hasn’t made lower lows since August, unlike other altcoins that lost far more heavily in that period. This stability explains why BNB ended the week with a 2% price increase and looks ready to move higher.

Buyers tend to step in when the price dips below $550, preventing any major sell-offs. Looking forward, BNB could attempt to break above $600 again. If it manages to turn the $600 mark into a solid support, it could aim for its all-time high of $720 next.

Rollblock (RBLK) Ready To Bring Players To The Future of Online Gambling

Although Rollblock (RBLK)  is still in its presale stage, its price has already surged by 200%, reaching $0.031 and catching the attention of investors. Positioned at the intersection of gaming and decentralized finance (DeFi), Rollblock offers a unique opportunity, distinguishing itself from established altcoins like Bitcoin and BNB.

Rollblock aims to transform the iGaming industry, and its GambleFi ecosystem provides users access to over 7,000 online casino games. These games can be played using the native RBLK token, combining entertainment with the financial perks of a decentralized platform.

Most notable is the platform’s revenue-sharing model, which has gotten considerable attention. Up to 30% of the casino’s weekly earnings will go into purchasing back RBLK tokens. Half of these tokens are burnt (deflationary effect and token scarcity) and the other half is distributed as staking rewards. This model benefits investors by increasing both return on investment (ROI) and token scarcity.

Currently in its seventh presale stage, Rollblock has raised over $4.1 million so far. With experts predicting further price increases of up to 100x, Rollblock could be one of the top cryptocurrencies this October, outperforming heavyweights like Bitcoin and BNB.

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

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

Socials: https://linktr.ee/rollblockcasino

This is a sponsored article. Opinions expressed are solely those of the sponsor and readers should conduct their own due diligence before taking any action based on information presented in this article.