The post Litecoin and Stellar Unlikely To Hit All Time Highs This Year, But Here Is A Crypto That Will appeared first on Coinpedia Fintech News
In any market where only a few coins manage to break through to new levels, it is important that one looks past the usual suspects. Even though Litecoin (LTC) and Stellar (XLM) are trying hard to regain their lost glory, a new contender called Rollblock (RBLK) seems poised to not only do that but also surpass all expectations and reach unprecedented heights this year. Let us find out what sets Rollblock apart from the rest of the pack.
Possible recovery, but nothing like the previous Litecoin ATH
Litecoin (LTC) seems to be doing a lot better. It currently trades at $65.37 with a market cap of over $4.8 billion and a trading volume of $410 million. LTC bounced off a crucial support level at $50 and gained momentum when key technical indicators pointed towards $76.85. On the 4-hour chart, LTC trades above the 100-day Simple Moving Average (SMA). The Relative Strength Index (RSI) hovers around 63%. This suggests continued bullish sentiment.
Still, it’s all very far from the Litecoin ATH of $412.96 in May 2021. The current price reflects an 83.89% drop from these all-time highs. Breaking through the $76.85 resistance could mean further gains, but surpassing the $400 to a new Litecoin ATH seems a bit too optimistic of a goal for this year.
Stellar fights to recover momentum
Stellar (XLM) shows positive moves, but it doesn’t manage to take back lost ground. At the time of writing this article, Stellar was trading at $0.098, with a market capitalization of $2.85 billion and a 24-hour trading volume of $49.07 million. In one year, XLM went up by 26%, although it is still down 89% from all time highs at $0.930121 in January 2018.
Stellar didn’t fully utilize the benefits that it could get from recent partnerships with large corporations such as VISA. This may be due to the fact that the token is now exchanged below the line formed by the 200-day SMA. Even with predictions suggesting a possible rise to $0.24 by the end of 2024, there is still a long way to go before Stellar reaches old all-time highs.
Why Rollblock will hit all time highs this year
Rollblock (RBLK) is one of the coins that you should be eyeing at this moment, especially as Litecoin and Stellar don’t seem to be able to reach new all-time highs this year. While the Litecoin ATH of $412.96 seems way out of reach right now, Rollblock is poised for substantial gains. It is still in its presale phase, and Rollblock has already raised over $2.2 Million, with tokens priced at the low price of $0.0205 in stage 5. This means guaranteed gains after the presale ends.
As the first community-backed GambleFi platform, Rollblock combines the best of decentralized and centralized gaming. This helps it offer transparency and trust through blockchain technology. The platform’s focus on the rapidly growing online gambling market, expected to increase to $745 billion by 2028, positions it for significant growth.
Rollblock offers intrinsic value through its innovative reward model, and the RBLK token represents a share in the platform’s success. Token holders receive a portion of the casino’s revenue, providing a steady stream of passive income.
All-time highs for Rollblock seem very likely as soon as the presale has ended. This makes RBLK a promising investment, particularly when compared to traditional cryptos like Litecoin and Stellar.
Discover the exciting opportunities of the Rollblock (RBLK) presale today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino