NEAR, MATIC, and UNI Lose Key Support and Could Go Lower As Rollblock One Of Few Cryptos In The Green For June

Over the past month, the crypto market has witnessed a massive sweep that has sent the prices of top altcoins like Near Protocol, Polygon, and Uniswap tumbling down the charts. However, Rollblock has been able to withstand the storm. Price data shows its value has increased by about 40% during this period.

Near Protocol (NEAR) Bulls Begin Uptrend After Losing Major Support 

Since Near Protocol (NEAR) dropped from the $7 support level, it has been on a downward slope, falling as low as $6. It is one of the top altcoins that has not been able to withstand the bearish pressure in the market.

While still trading around the $6 region, bulls are currently pushing for Near Protocol to move to the upside. On their journey, they will have to surpass heavy resistances at $6.55 and  $6.69 to reach NEAR’s previous support level.

Polygon (MATIC) Drops From $0.7 Support 

Polygon (MATIC) is showing red across all timeframes - weekly, bi-weekly, monthly and yearly after losing the $0.7 psychological support. With this support gone, the price of MATIC could continue to drop in the coming weeks. We might see the altcoin price falling to $0.3 if buyers don’t enter the market.

In other news, the Polygon network has launched a new Community Grants Program of over 1 billion POL tokens, which are set to replace MATIC soon as Polygon rebrands. The grant will be shared with developers in the ecosystem over the next decade.

Uniswap (UNI) Price Could Drop Lower Soon

Like Near Protocol and Polygon, the Uniswap (UNI) coin also lost a key level lately when its price dipped below the $11 mark. The descent continued till Uniswap reached the $9 region.

Although the market expected the price drop to continue, bulls that were active in this region have caused a turnaround. The cryptocurrency is now making its way back to higher levels. On the flip side, the altcoin price could fall again if it fails to cross resistances on the way.

Rollblock (RBLK) Continues Trading in the Green; Analysts Forecasts a 50x Price Surge

Rollblock (RBLK) is among the altcoins that are going against the bearish price movement in the market. Notably, Rollblock aims to bridge centralized and decentralized gambling by using blockchain technology to promote transparency and security.

Its casino doesn’t require KYC unlike other platforms making it the best DeFi project for gamblers. Users can connect their wallet or sign up with an email to get started, which has increased users and investors buying their native $RBLK token.

The ecosystem relies on the native token $RBLK, which rewards gamers and allows holders to stake for more benefits. In addition, Rollblock is really changing the game by using up to 30% of their weekly profits to buy $RBLK from the open market and then burning 50% of these tokens to raise token value and create scarcity.

The other 50% are given as staking rewards, which could offer some of the best passive income opportunities in the market, making it a good DeFi project to join. In stage 3 of the presale, $RBLK trades at $0.014. While others have plunged to former lows, Rollblock bulls are aiming for a 50x price pump in this year’s altseason, making it the best cryptocurrency to buy now.

In Conclusion

With Near Protocol, Polygon, and Uniswap falling from Key support levels, Rollblock, which is trading in the green, has emerged as the best cryptocurrency to buy now. Market watchers have forecasted that the value of Rollblock will continue to rise in the coming days, with a potential 30% price pump on the line.

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