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The Rollbit Coin price has surged 5% in the last 24 hours to trade at $0.1735 at 5:30 a.m. EST as its trading volume for the day saw a 52% drop to $6.95 million.
Rollbit bulls have found anchor support. This zone has proven resilient, providing a platform for the bulls to regroup, signaling a potential resurgence in the bullish trend.
Rollbit Coin Price: Bulls Stay Resilient On $0.16 Support
Rollbit Coin Price Prediction
The steadfast support level at $0.10 has empowered the bulls to reclaim dominance, propelling the price to a peak at $0.26. However, formidable resistance prompted a correction initiated by the bears, causing a retreat to the robust support zone at $0.16.
The sustainability of the emerging bullish momentum holds the promise of enabling the bulls to overcome the prior resistance level at $0.26 and dispel prevailing bearish sentiments.
Following a decline that drove the Relative Strength Index (RSI) below the 50 level, the RSI is now exhibiting signs of a rebound, hovering around the 40 mark, indicative of potential buying pressure. Should this momentum persist, the RSI will likely ascend to the overbought region at 70.
Despite the prevailing bearish dominance, buyers have a glimmer of hope as upward momentum fueled by bullish forces becomes apparent. The resilience displayed by the $0.16 support zone, even under rigorous testing, suggests the potential for a reversal. Reclaiming the previous resistance at $0.26 could establish a robust foundation for the RLB bull rally, paving the way for further price gains.
However, $0.16 stands as a critical level to monitor, as a breach could trigger a bearish trend, compelling bulls to seek support in the vicinity of $0.12, potentially dipping below the 50-day Simple Moving Average (SMA).
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The token presale has accumulated over $3.16 million in funding and is rapidly nearing the final milestone of $5 million. You can acquire TGC tokens at a discounted rate of $0.17 per token. However, this rate is set to rise when the presale moves to its next stage in less than 48 hours.
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Stake Your TGC Tokens, Win In The Airdrop Competition
You can earn passive income with TGC’s attractive staking feature. By acquiring and staking TGC tokens, you can earn an annual yield (APY) of 185%.
TGC offers enticing incentives, like a recent airdrop granting token holders 16 billion TGC tokens. This has sparked enthusiasm among investors, resulting in a significant shift as some Rollbit investors redirect their investments toward TGC.
Another big buy into $TGC in the last hours at $0.16 before it rises to $0.165🎉
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The Cryptonews YouTube channel, boasting over 6,000 subscribers, has reviewed the project, discussing why it’s a hot take. In the video, they predict that early investors have the potential to make 10X returns on their investment.
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