Rollbit Coin Price Prediction: RLB Plunges Another 7% As Competition From This Upstart Crypto Casino With 100X Potential Intensifies

On Nov 28, 2023

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The Rollbit Coin price has experienced a 7% drop in the last 24 hours, trading at $0.169323 as of 8:30 a.m. EST.

The decline in Rollbit Coin’s value and trading activities aligns with a shift in investor attention toward TG Casino, a rival offering the potential for 100X returns.

High-profile investors may have withdrawn their support from Rollbit Coin following the lead of a significant whale investor who sold off a portion of their RLB holdings. The proceeds from this liquidation were then redirected into TG.Casino.

Rollbit Coin Price Support Strong at $0.16 Despite the Price Decline

RLBUSD Chart Analysis. Source: Dextools.io

RLB bulls discovered robust support around $0.10 and reached a peak of $0.26 on November 11. However, they encountered resistance, resulting in a correction by the bears, pushing the price back to the support zone at $0.16.

A bounce from this support level has the potential to empower the bulls, enabling them to surmount previous resistance and dispel bearish sentiments.

The Relative Strength Index (RSI) retreated from an overbought level, dropping below 50 and settling at 42, indicating robust selling pressure. If the momentum persists, the RSI may fall to the oversold region 30.

The market sentiment for RLB appears bearish, with downward momentum driven by bear forces. The critical level to watch is $0.16, as a breach of this support level could trigger a bearish trend, leading bulls to seek support around $0.12, further dipping below the 50-day Simple Moving Average (SMA).

Rollbit Coin Price: Bullish Scenario

Conversely, there is a bullish scenario for RLB if it manages to reclaim its previous resistance at $0.26. The fact that the $0.16 support zone has demonstrated resilience despite severe testing suggests a potential reversal.

A successful move above $0.26 could establish a robust foundation for RLB bulls to pursue further Rollbit coin price gains.

Rollbit investors who are looking to ride on another success story should consider investing in TG.Casino, which is seeing an influx of investors targeting explosive returns.

TG.Casino Secured $3 Million In Funding, Selling Out Fast

TG.Casino (TGC), a new entrant to the GameFi space and competitor to Rollbit, is making waves as the next big thing. During its ongoing presale, TG.Casino has already secured over $3 million in funding and is swiftly heading towards its $5 million target.

Now $3m raised in our presale, our roadmap announcement today has given people even more confidence. pic.twitter.com/i1gBDXjHof
— TG Casino (@TGCasino_) November 27, 2023

What sets TG.Casino apart is its innovative approach as a Telegram-based gambling platform. Here, users can effortlessly wager with crypto, all without the hassle of creating an account. A Telegram account and some crypto are all that players need.

This feature has attracted over 2,000 unique players engaging in online casino games, with a staggering $20 million already gambled on the platform.

I ain’t gonna lie but I think TG Casino can actually compete head-on with Rollbit. The wagered volume in their Casino is insane with over 2000+ active players, the numbers will even grow as we get closer to the launch. The drawback of traditional fiat cash casinos lies in the… pic.twitter.com/rghWIplNfI
— Little Ⓜ️ustacho (@littlemustacho) November 20, 2023

To be a part of this exciting opportunity, investors can now buy TGC tokens at a discounted rate of $0.17 per token. But this rate will gradually increase until the project launches on major exchanges.

Stake TGC for High APY, Participate in Airdrop

For investors aiming for higher returns, TGC offers an impressive staking feature. By purchasing and staking TGC tokens, you can earn an attractive annual yield (APY) of 191%.

We have outlined all the details for the Genesis Players $TGC Airdrop in our Telegram, so be sure to visit there to get all the details necessary💰 💸 pic.twitter.com/9xtuCadQk8
— TG Casino (@TGCasino_) November 23, 2023

Moreover, in its bid to stand out from competitors like Rollbit, TGC has introduced several compelling incentives for both investors and the community. Recently, TG.Casino announced an airdrop event, offering a substantial 16 million TGC tokens to holders.

This exciting airdrop has generated enthusiasm among investors, prompting a huge shift as some significant RBL investors have redirected their investments towards TGC. One investor even moved $150,000 worth of Rollbit Coin to buy and stake $50,000 of TGC tokens.

Another big buy into $TGC in the last hours at $0.16 before it rises to $0.165🎉
12 hours to go until price increase players⏰ pic.twitter.com/SfuMhveuq1
— TG Casino (@TGCasino_) November 21, 2023

Crypto V.O., a popular crypto YouTuber and analyst with over 300K subscribers, weighed in on the project and highlighted why TGC is a highly sought-after GameFi project. In his analysis, he predicts that the early investors stand to make 100X returns on investment.