Avalanche (AVAX) and Cosmos (ATOM) are close to hitting double-digit losses following last week’s positive performances.
The massive sell-off got investors interested in the new crypto project The Hideaways (HDWY) which is all over the headlines lately. The market loves that they can get the same level of stability in The Hideaways (HDWY) as with crypto majors but at a price of only $0.08, rising this week.
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Avalanche (AVAX)’s Charts Painted with Red
Avalanche (AVAX) is dropping in all time-frames, and investors are worried about what can come next.
AVAX is down 7.34% in the hourly charts, following its 6.29% decline on the previous day. Moreover, its current price of $15.56 is 3.84% lower in the last 30 days, extending the -45% ROI from the three-month charts.
Avalanche (AVAX) is one of the most underwhelming top cryptocurrencies in 2022. Analysts noted that The Hideaways (HDWY) can outperform the coin if it continues its current pace until the end of the year.
Avalanche (AVAX) has recently partnered with GMX.io for its liquidity mining incentive program. However, even this update is not enough to lift the price to recovery.
Cosmos (ATOM)’s Current Stall Will Weigh on its Future Performance
Analysts forecasted Cosmos (ATOM) to grow 30x next year. It is among the few cryptocurrencies to be given an optimistic projection, with another being The Hideaways (HDWY) which secured a 50x price hike forecast for 2023.
However, analysts are revising their former stance after seeing Cosmos (ATOM) drop 9.08% to $12.00 in the latest charts. The selling pressure mounts at this level, opening for the possibility of bigger drops to $10.00.
If Cosmos (ATOM) breaks below $10.00, experts are wary it would remain under the bearish zone in 2023. This is a signal for holders to revise their ROI goals for next year if they want to keep their hopes on Cosmos (ATOM).
The Hideaways (HDWY) Offers Huge 100% Bonus on Investments Ahead of Price Rise
For Avalanche (AVAX) and Cosmos (ATOM) holders looking for a safe way out, The Hideaways (HDWY) is the best way forward.
The Hideaways (HDWY) is the newest project in the cryptocurrency market in the luxury real estate and NFT business. These are two of the most profitable investments you can make in the middle of this crypto winter.
The Hideaways (HDWY) gives investors many ways to make money out of their holdings. One is through capital appreciation, with the token projected to hike 16,000% by the end of 2022.
Another is a consistent passive income. The Hideaways (HDWY) rewards NFT investors with rental yields, automatically distributed in USDT and ETH every month.
Don’t miss your chance on a token offering a better profit opportunity than other cryptocurrencies.
Disclaimer: This is a sponsored article. The views and opinions presented in this article do not necessarily reflect the views of CoinCheckup. The content of this article should not be considered as investment advice. Always do your own research before deciding to buy, sell or transfer any crypto assets.