Bitcoin (BTC), Ethereum (ETH), Cardano (ADA), and Shiba Inu (SHIB) have all posted declines in the past 7 days. Even smaller cryptocurrencies like Casper (CSPR) and NEAR Protocol (NEAR) could not stand the blow.
But the new crypto project, The Hideaways (HDWY), does not seem all affected by the loss of market appetite. The token’s price had just doubled from its starting price of $0.01 to $0.02, which is just the start of many more.
Casper (CSPR) Posts Temporary Relief to its 7-day Retracement
Casper (CSPR), one of the cryptocurrencies with the highest 24-hour trading volume this week, posted a 2.21% recovery which sent its price back to $0.029.
This relieves investors suffering from price dents over the past week. The 7-day charts reveal Casper is down 2.0% and 5.90% in the last 30 days.
Trading volume has also increased to $196 million from $129 million the previous day. This is the highest recorded since hitting $3.72 million on September 15, showing investors slowly regaining buying confidence towards the token.
As we go more in-depth, Casper’s (CSPR) ‘s technical analysis reveals no bullish momentum. EMA 50 remains above EMA 20, while RSI is weak at 46.0.
The only thing that has supported prices from falling in the past few days is the news announcing Casper’s membership to the Hyperledger Foundation. This partnership can strengthen investors’ trust in the blockchain’s capacity and increase its adoption rate.
NEAR Protocol (NEAR): Should You Buy the Dip?
NEAR Protocol (NEAR), one of the known “Ethereum alternatives,” has extended its bearish streak after falling 1.94% to $3.87 at press time.
The token is down 10.92% in the last 7 days. The market is up for questioning the future of Ethereum (ETH) and its alternatives post-Merge.
Is it time to buy the dip? Not exactly. NEAR Protocol (NEAR) ‘s technical indicators show relative weakness. The RSI steadied at 40.0, meaning that the token has more sellers than buyers at the current state.
Also, its trading volume tanked close to 50.0% from the previous session – currently at $31.01 million from $57.8 million yesterday.
True to its promise to build before the hype, NEAR consolidates real-world utility. But for investors factoring in real-world use cases and stability, The Hideaways (HDWY) is a clear winner.
The Hideaways (HDWY): Presale Price Doubled in Two Weeks Due to High Demand
The Hideaways (HDWY) is a real estate investment project we see as more attractive than Casper (CSPR) and NEAR Protocol (NEAR).
For as little as $100, your initial investment could yield a steady monthly rental income from the community’s acquisitions. But suppose you like to receive more every month.
In that case, we highly encourage you to double down on your initial investment – caution to only put the money you can afford to lose as there is risk involved when trading digital assets.
The Hideaways offers its native token, HDWY, on presale for $0.02. It started at $0.01, which means investors who joined at its entry price already saw their holdings double. It’s even told that it will go up to $0.045 within 5 days of this news article.
It’s still not too late. The Hideaways (HDWY) is forecasted to grow 6,000% by December 2022 and even more by the end of 2023.
Check them out:
PR, The HideawaysRead More