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Rollbit Coin price is up 9% in the last 24 hours to sell for $0.241 at 5:10 AM EST, but RLB trading volume has reduced by around 15% in the same timeframe.

Featuring among the day’s top gainers, Rollbit Coin is among the trending cryptocurrencies today, rallying against the likes of Avalanche (AVAX) and dYdX (DYDX).

Notably, RLB is among the few coins that have managed to defy the Bitcoin downtrend and could rise higher depending on how the bulls play their hand.

Meanwhile, experts say TGC, a new entrant in the Telegram Casino space, is the new sensation for gambling enthusiasts and could yield a 100X return on investment for early entrants at launch.

Rollbit Coin Price: Ecosystem Drives Demand With RLB Token Burning

Rollbit Coin price is riding the ongoing bullish wave after the cryptocurrency market turned green on October 8. The move gave the altcoin gusto to break from an ascending parallel channel as RLB bulls increased their buying pressure.

Meanwhile, data shows that aside from the market rally, the Rollbit Coin ecosystem has also been mechanical in pumping RLB market value.

Meanwhile, proactive traders have already begun fishing for potential growth projects.

It comes from the longstanding assumption in the crypto arena that shorts during bull markets can be very risky. Experts advise traders to ride the trend, hence the adage, “The trend is your friend until the bend at the end.”

Rollbit Coin Price Outlook After RLB Broke Out From A Bullish Technical Formation

Rollbit Coin price is trading with a bullish bias after breaking out from an ascending parallel channel. It continues to hold above the $0.209 support level, with the potential for more gains as robust support is still down.

The Relative Strength Index (RSI) position at 60 shows room for the upside, and the Rollbit price could still move north. Also, the position of the Awesome Oscillator (AO) in the positive territory shows the bulls are still leading the RLB market.

Increasing buying pressure above current levels could see Rollbit Coin price decisively surpass the $0.238 support level. Further north, the price could extend for Rollbit Coin price to reclaim above the range high of $0.264.

Rollbit’s price could extend a neck higher to test the $0.300 psychological level in a highly bullish case. Such a move would constitute a 30% climb above current levels.

Rollbit priceRollbit price
TradingView: RLB/USDT 1-day chart

Meanwhile, attention is shifting to TGC, with experts saying it will record 20X to 100X gains at launch.

Rollbit Coin Alternative

TGC presents itself as the most promising new online crypto casino. The token powers the TG.Casino ecosystem, which provides participants an exclusive place for online, anonymous crypto gambling.

The project is in the presale stage, with TGC tokens selling for $0.155 in the current stage. It is worth mentioning that this price tag remains on the shelf only for the next 24 hours before another price hike. It comes as the project surged past $2 million in presale, and closes on its $2.5 million goal.

In an interesting development, the TG.Casino project got its Know-Your-Customer (KYC) approved. This is not a mean feat and bolsters the project’s security and transparency score in customers’ eyes.

Visit TG.Casino to buy TGC token in the presale here.

Also Read:

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