Leading crypto casino Rollbit (RLB) has continued to fuel strength in the GambleFi vertical as RLB price stays green in face of a broader market downtick, and the market are taking notice, as capital floods into the latest Telegram casino presale with $2.8m currently raised.
The sustained growth appears to have been encouraged by a new development on Rollbit, with multiple team members teasing a potential Runescape style integration.
You log onto Rollbit and see this, what you doing? pic.twitter.com/cUXPXU8fW9
— Rollbit (@rollbitcom) November 16, 2023
This was later confirmed by a follow-up post by Rollbit Partner Alex Wice offering exclusive access to a potential ‘Duel Arena’ beta test.
How many of you remember playing old school Runescape?
If you want to test the 0% house edge Duel Arena on Rollbit, based on the Duel Arena in RS, I'm choosing 5 people who comment below their Rollbit username to get $100 credit to try it out. pic.twitter.com/gYwjZtfBf3
— Alex Wice (@AWice) November 22, 2023
With gaming nostalgia creating an atmosphere of excitement around Rollbit, RLB is currently trading at a market price of $0.25 (representing a 24-hour change of +20%).
The upside move move comes as price bounces out of test of lower support at $0.21, in a move that was well-defended by RLB bulls.
Now fighting for a foothold at higher support above $0.24, RLB appears to have avoided a retracement below the lower trendline of the ongoing bullish pendant channel.
Furthermore, price action here demonstrates RLB showing strength above the 20DMA (stood at $0.24), potentially poising RLB for an larger upside move, especially after the first successful below 20DMA test since September.
To add to Rollbit’s impressive technical poise, the retracement
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