In today’s news, the valuation of Axie Infinity (AXS) and OKB (OKB) continued to slip and get stuck in bearish territory.
Hence, leading cryptocurrency analysts have projected both coins to stay in the red zone in the upcoming sessions.
Meanwhile, The Hideaways (HDWY) continued to steal the spotlight in the crypto community as its price soared by 450% in a week.
Axie Infinity (AXS) Price Predictions Down 20% Says Top Analyst
The price of the gaming blockchain Axie Infinity (AXS) for the past year plummeted by 90.17%, followed by an 86.65% crash year-to-date.
According to the coin’s technical analysis, 24 indicators signal a bearish move, equating to 92% of negative market sentiment.
Currently, AXS is trading below the 200-day simple and exponential moving averages of $12.60. These indicators have shown a sell movement for the previous 277 days since January 05.
Likewise, the digital asset’s valuation traverses the 50-day SMA of $12.48 and the 50-day EMA of $12.49, showing bearish sentiment for the past 51 days since August 19.
Besides, its Moving Average Convergence Divergence (MACD) reading for the past 26 days was -0.030, marking a selling pressure across the market.
Based on the latest Axie Infinity price prediction, its value could plunge by 4.93% and hit $11.82 on October 15. By November 09, its price could decline by 9.29% and reach $11.28.
OKB (OKB) Looking Very Bearish Concludes Top TA Chart Trader
Currently, the price of the global utility token OKB (OKB) is crossing behind the 200-day simple moving average of $15.6810 and the exponential moving average of $15.6172.
Consequently, OKB also traverses below the 50-day SMA of $15.6777 and 50-day EMA of $15.6686. These indicators have shown a sell option for the past 44 days since August 26.
According to the Fear & Greed Index, the digital asset has a 22 reading, which translates to the market’s extreme fear sentiment towards OKB.
Furthermore, its 200-day SMA and short-term 50-day SMA are projected to plummet by $14.92 and $15.11, respectively, on November 09. On the same day, the coin’s price is expected to drop by 4.80% to $14.86.
The Hideaways (HDWY) To Surge More Than 20,000%
Analysts are predicting The Hideaways (HDWY), will hit $2 before the end of 2023 if it lives up to its potential. Why?
This project offers an opportunity to investors to earn massive passive income through multi-million dollar properties across the globe. It is streamed to you in USDT or ETH.
You can buy a fraction of a property, use that to get minimum passive income of 20%, and be exposed to the luxury property’s capital appreciation. Unlike other coins, our analysts predict that the move to more utility-based coins like The Hideaways will be the next bull runs ‘theme’ – so ditch the meme coins and buy The Hideaways.
Why is this important? It’s not a meme coin and is not hyperinflationary, the project will earn actual revenue from rental income, events held at the property like weddings, and more.
They are taking security and safety incredibly importantly with one smart contract security audit already achieved. On top of that, they are doing 2 audits as team tokens are locked for 2 years and liquidity locked forever.
Don’t miss out on this fantastic opportunity; check out its ongoing presale event before the coins run out!
Learn more here:
Website: https://www.thehideaways.io
Pre-Sale: https://ticket.thehideaways.io/register
Telegram: https://t.me/thehideawayscrypto
Twitter: https://twitter.com/hdwycrypto
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