Apecoin (APE) Flips Bearish Forecasts, Tron (TRX) Unable To As The Hideaways (HDWY) Continues with Presale Success

Apecoin (APE) Flips Bearish Forecasts, Tron (TRX) Unable To As The Hideaways (HDWY) Continues with Presale Success

Apecoin (APE) got its way around analysts’ bearish forecasts and hiked almost 5% on Sunday. The token had been forecasted to suffer from a significant retracement ahead of its significant token unlock, releasing 8% of its total supply to circulation.

The same optimism has not been shown to Tron (TRX) investors as the coin made very conservative gains during the day. It has followed Bitcoin’s rise and fall for quite some time now due to a lack of trigger to keep prices moving.

The Hideaways (HDWY) – the new kid on the block –  is smashing its presale event. Like many others, investors from APE and TRX are turning to The Hideaways (HDWY).

Apecoin (APE) Makes a 5% Jump As Staking Opening Nears

Forecasted to have a massive selloff ahead of the release of 25 million APEs to its circulating supply, Apecoin (APE) is proving to be a more challenging egg to crack than expected.

The coin made close to a 5% hike in the 24-hour charts, sending its price to $5.31. It is up 3% in the last 30 days and a bigger margin of 18% in 90 days.

In the near term, Apecoin (APE) is looking to sustain the upward momentum, having just broken above the resistance at $5.70 during the day. However, selling pressure will temporarily pull prices down, as seen on current charts.

Apecoin (APE) ‘s long-term forecast is not as bright as its short-term performance. The 50-day EMA remains above the 20-day EMA, while the RSI has recently descended to 51.0 from its 57.0 settlement on September 17.

Nevertheless, we expect APE to exceed its first resistance after $5.70 at $5.98. A successful breach above this level can bring the coin to $7.60.

Tron (TRX) Hikes, Long Term Forecast Gloomy

Tron (TRX) made a small jump on the week’s last trading day. The coin is last seen exchanging hands at $0.061%, up 0.26% in the 24-hour charts but down 0.42% for the day.

Given the crypto market’s newly-triggered bearish streak that sent Bitcoin and Ethereum prices on a severe retreat, we expect no upside moves from TRX in the near and long term.

Currently, its RSI lays unmoving at 43.44, having briefly touched the 49.0 level during the week. Still, both occasions suggest a lukewarm sentiment for Tron (TRX).

The following support zone is found at $0.04664. If sellers successfully drive prices lower beyond this level, TRX is at risk of falling to $0.02 – a level not seen since 2020.

The Hideaways (HDWY) Continues with Presale Success

We first mentioned the Hideaways at $0.01 with a 50% bonus; in less than 10 days, they’ve added over 3,000 new holders, got a security audit, and their community has grown by 500%.

Best of all? A massive 100% increase to $0.02 also gave early investors some breathing room and showed signs that our 5000% predictions may come true.

A revolutionary property and crypto company utilizing the best technology blockchain has to offer, and the market size of traditional real estate is $240 trillion.

If you invest as little as $100, you can buy luxury real estate worldwide – from London to New York, from Bali to the Platinum Beach of Barbados. This isn’t a metaverse, and each NFT is backed by real property, giving you access to 2 passive income sources.

  1. Rental Income
  2. Capital Appreciation

Our fundamental analysts also like the frequent updates and teasers of the marketplace and the fact they’ve sold more than 110,000,000 tokens in a little less than 10 days.

Get to know more about the project:

Website: https://www.thehideaways.io
Presale: https://ticket.thehideaways.io/register
Telegram: https://t.me/thehideawayscrypto
Twitter: https://twitter.com/hdwycrypto

 

Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of NewsBTC. NewsBTC does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.

 



Source link

Leave a Reply