Ethereum (ETH) Sees Further Declines, The Hideaways (HDWY) Emerges As Standout Investment
Following weeks of bearish sentiment, Ethereum (ETH) has fared 19.80% in the past 30 days. On November 21, ETH slipped 7.00% as the attacker who drained FTX wallets dumped a significant portion of stolen ETH to BTC.
The cryptocurrency market is still ailing from the FTX crisis, leaving millions of investors counting losses. Due to such uncertainties, ETH investors have been looking at presales for shorter-term profits like The Hideaways (HDWY).
Ethereum (ETH) Loses Upward Momentum
Ethereum (ETH) has moved down 0.40% in the previous seven days, currently trading at $1,215.32. Ethereum now stands at a market capitalization of $146.46 billion, far higher than The Hideaways (HDWY)’s $45.00 million. The inferior position of HDWY makes it an excellent foothold for immense growth.
The second market leader, ETH, recovered a little in the middle of the week after the Federal Reserve released minutes from its November meeting. Reportedly, the US central bank plans to cite lower interest hikes going forward, ending the cycle of hikes.
In other news, The Ethereum Foundation unveiled an update about the status of staked ETH tokens. This announcement followed the transition to the proof-of-stake (PoS) consensus algorithm but failed to provide an upward movement.
It Is Not The Right Time To Invest In Ethereum (ETH)
Market jitters continue to plague Ethereum (ETH) price predictions amid undesirable events in the crypto space, like the FTX bankruptcy. Analysts now believe ETH could end 2023 at a low of $1,831.71.
Ethereum fell below $1,200, as the world’s second-largest cryptocurrency consolidated in today’s session. Accordingly, ETH stands bearish with a Relative Strength Index (RSI) at a level of 42.75, below a ceiling of 43.00.
In complete opposite to The Hideaways (HDWY), the bullish outlook in Ethereum (ETH) should be considered with a pinch of salt due to a major resistance between $1,199 and $1,232.
Invest in The Hideaways Before Their Presale Ends
The Hideaways (HDWY) presale gains steam from the negative market sentiment, proving to be one of the best cryptocurrencies now, compared to the slack performance of Ethereum (ETH).
Subsequently, investors who are searching for the best returns must take a look at HDWY. The presale superstar is a long-term cryptocurrency project backed by projected massive gains and price stability.
The Hideaways is the first to enable people to buy NFTs, representing high-tier real estate assets picked by property experts. HDWY presale is still ongoing and market participants can purchase each token for as low as $0.10, with expectations of a further boost in the future.
The success of The Hideaways (HDWY) also benefits from the locked liquidity of the project and an audit from Soliproof.
Website: https://www.thehideaways.io
Pre-Sale: https://ticket.thehideaways.io/register
Telegram: https://t.me/thehideawayscrypto
Twitter: https://twitter.com/hdwycrypto
The post The Hideaways (HDWY) Gains Better Momentum From Ethereum (ETH) appeared first on Analytics Insight.
Ethereum (ETH) Sees Further Declines, The Hideaways (HDWY) Emerges As Standout Investment
Following weeks of bearish sentiment, Ethereum (ETH) has fared 19.80% in the past 30 days. On November 21, ETH slipped 7.00% as the attacker who drained FTX wallets dumped a significant portion of stolen ETH to BTC.
The cryptocurrency market is still ailing from the FTX crisis, leaving millions of investors counting losses. Due to such uncertainties, ETH investors have been looking at presales for shorter-term profits like The Hideaways (HDWY).
Ethereum (ETH) Loses Upward Momentum
Ethereum (ETH) has moved down 0.40% in the previous seven days, currently trading at $1,215.32. Ethereum now stands at a market capitalization of $146.46 billion, far higher than The Hideaways (HDWY)’s $45.00 million. The inferior position of HDWY makes it an excellent foothold for immense growth.
The second market leader, ETH, recovered a little in the middle of the week after the Federal Reserve released minutes from its November meeting. Reportedly, the US central bank plans to cite lower interest hikes going forward, ending the cycle of hikes.
In other news, The Ethereum Foundation unveiled an update about the status of staked ETH tokens. This announcement followed the transition to the proof-of-stake (PoS) consensus algorithm but failed to provide an upward movement.
It Is Not The Right Time To Invest In Ethereum (ETH)
Market jitters continue to plague Ethereum (ETH) price predictions amid undesirable events in the crypto space, like the FTX bankruptcy. Analysts now believe ETH could end 2023 at a low of $1,831.71.
Ethereum fell below $1,200, as the world’s second-largest cryptocurrency consolidated in today’s session. Accordingly, ETH stands bearish with a Relative Strength Index (RSI) at a level of 42.75, below a ceiling of 43.00.
In complete opposite to The Hideaways (HDWY), the bullish outlook in Ethereum (ETH) should be considered with a pinch of salt due to a major resistance between $1,199 and $1,232.
Invest in The Hideaways Before Their Presale Ends
The Hideaways (HDWY) presale gains steam from the negative market sentiment, proving to be one of the best cryptocurrencies now, compared to the slack performance of Ethereum (ETH).
Subsequently, investors who are searching for the best returns must take a look at HDWY. The presale superstar is a long-term cryptocurrency project backed by projected massive gains and price stability.
The Hideaways is the first to enable people to buy NFTs, representing high-tier real estate assets picked by property experts. HDWY presale is still ongoing and market participants can purchase each token for as low as $0.10, with expectations of a further boost in the future.
The success of The Hideaways (HDWY) also benefits from the locked liquidity of the project and an audit from Soliproof.
Website: https://www.thehideaways.io
Pre-Sale: https://ticket.thehideaways.io/register
Telegram: https://t.me/thehideawayscrypto
Twitter: https://twitter.com/hdwycrypto
The post The Hideaways (HDWY) Gains Better Momentum From Ethereum (ETH) appeared first on Analytics Insight.