{"id":536339,"date":"2024-06-15T09:52:13","date_gmt":"2024-06-15T09:52:13","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=536339"},"modified":"2024-06-15T09:52:13","modified_gmt":"2024-06-15T09:52:13","slug":"is-it-too-late-to-buy-rlb-rollbit-coin-price-pumps-21-and-this-might-be-the-next-crypto-to-explode","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/is-it-too-late-to-buy-rlb-rollbit-coin-price-pumps-21-and-this-might-be-the-next-crypto-to-explode","title":{"rendered":"Is It Too Late To Buy RLB? Rollbit Coin Price Pumps 21% And This Might Be The Next Crypto To Explode"},"content":{"rendered":"

The Rollbit Coin price surged 21% in the last 24 hours <\/span>to trade at $0.07485<\/span><\/a> as of 10:34 p.m. EST on trading volume that skyrocketed 55% to $3.6 million.<\/span><\/p>\n

Rollbit Coin Price To Sustain Its Surge Over The Falling Wedge<\/span><\/h2>\n
\"
RLBUSD Chart Analysis Source: GeckoTerminal.com<\/figcaption><\/figure>\n

The Rollbit Coin price has been on a downtrend within the falling wedge pattern since the beginning of May. However, the bulls seem to be using the $0.060 support to propel the token over the lower boundary of the falling wedge pattern as it crosses the upper boundary of the wedge, according to data from <\/span>GeckoTerminal<\/span><\/a>.<\/span><\/p>\n

The recent surge has resulted in the token finally breaching the $0.062 and $0.07381 resistances (both the 50-day and 200-day Simple Moving Averages (SMAs). This shows the general upward potential for the token.<\/span><\/p>\n

Moreover, the Relative Strength Index (RSI) trades up within the 70-overbought region, which is a signal of intense buying pressure and continued investor optimism.<\/span><\/p>\n

The Moving Average Convergence Divergence (MACD) also shows the continuation of a strong bullish stance to the upside, with the MACD line (blue) crossing above the signal line (orange), forming a bullish crossover. A bullish crossover, with the green bars on the histogram extending above the neutral line, shows that RLB is on positive momentum.<\/span><\/p>\n

Rollbit Coin Price Prediction<\/span><\/h2>\n

A long-term analysis of the Rollbit Coin price shows a bullish bias, with RLB soaring above the upper boundary of the falling wedge pattern as they target $0.10.<\/span><\/p>\n

However, the 50-day SMA still trades below the 200-day SMA, which forms a death cross around $0.115. A death cross could show that RLB is still on a downward trend, which could push the bears to exert more pressure. In such a scenario, RLB could retreat to the support zone around $0.05449, acting as a cushion against downward pressure.<\/span><\/p>\n

Meanwhile, as the Rollbit Coin price skyrockets, GameFi lovers are also piling into a surging alternative called Mega Dice, a project set to be the first GambleFi project on the Solana blockchain.<\/span><\/p>\n

99Bitcoins, a crypto channel on YouTube, says that $DICE has the potential to surge 100X after its launch.<\/span><\/p>\n