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XRP price has decreased by 3% in the last 24 hours. To trade at $0.5755 As of 03:39 AM ET, trading volume was up 34% to $1 billion.
This comes as ripple It aims to add Ethereum-compatible smart contracts to the XRP Ledger. Smart contracts will also play an important role in expanding its overall functionality to support more elaborate applications such as decentralized exchanges.
As a result, there could be vital implications for the XRP token, as its overall fundamentals will increase. Could this also impact the XRP price?
XRP price is heading towards a bullish reversal
For most of August, the cryptocurrency has struggled with the cryptocurrency market. Since August 24, the price of XRP has been in a downtrend, trading within a descending channel pattern, according to data from Gecko Terminal.
The downtrend has led XRP price to fall below the 50-day and 200-day simple moving averages (SMA), confirming the slightly bearish stance.
Moreover, the Relative Strength Index (RSI) is falling below the neutral line, indicating that ETH is under some selling pressure.
If the selling pressure continues and the RSI drops into the oversold zone, Ethereum price could drop further to the $0.50 support zone in the short term.
However, long-term holders of the coin may want to take their stance, as the XRP price may use the indicators to recover, which could lead it to a higher target of $0.6322.
As the XRP price bulls look for more buy signals, other investors are turning to big dice (dice)a promising GambleFi project on Solana.
99Bitcoins, a popular crypto YouTube channel with over 706,000 subscribers, says $DICE could surge 100x after its launch.
Mega Dice Raises Over $1.77 Million in Presale – Will It Be the Next 100X Cryptocurrency?
Mega Dice has raised over $1.77 million in its initial coin offering, as investors continue to back this established name in the online betting world. GameFi fans are well aware of the multi-billion dollar opportunity that the sector represents for tech-savvy companies like Mega Dice.
Mega Dice now offers its last chance to buy after its recent price increase yesterday.
Mega Dice tokens will continue to pre-sale for two weeks after yesterday’s final price phase, followed shortly after by the token’s listing on decentralized exchanges (DEXs).
Warning: It’s almost time to grab it! dice At the lowest price! 🚨
the dice The pre-sale period is coming to a close, with the final price increase coming Tuesday! This is your last chance to get the best #Fi_Game The token on #Solana Before prices go up dramatically! ⏳… pic.twitter.com/vzF1t77DsA
— Mega Dice Casino (@megadice) August 30, 2024
The project stands out as a leading brand in the cryptocurrency casino space, with over 10,000 active players and monthly betting volume exceeding $50 million. Players enjoy over 4,000 casino games and 50 eSports betting options.
Token holders can also participate in the casino’s profits daily through its unique betting system.
To join the pre-sale, You can buy $DICE on the official website here For $0.116056 per token using BNB, ETH or SOL. You can also earn 10% on any purchases made by investors you refer.
Related news
Mega Dice – Latest GambleFi Symbols
- Well-established cryptocurrency betting brand
- Mentioned on Cointelegraph – First licensed casino on Telegram
- Presale now available – megadicetoken.com
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