Ethereum (ETC) is the second-best coin in the market, next to Bitcoin (BTC). The coin has experienced bullish trends in the past month,but will it maintain its standing? This doesn’t seem to be the case, as crypto analysts forecast that ETH will fall to the $700 to $800 price range, down from a high of around $1,600.
What’s in store for one of the most popular coins in the world? And should you invest in newer coins with more potential for big gains – like the Hideaways?
Ethereum Price Crashes But Should You Buy The Dip?
Ethereum (ETH) is trading for $1,568, dropping by 1.3% in the last 24 hours. If the coin fails to break through the $1,595 barrier, it will indicate weaker buying pressure.
If ETH prices push lower, resulting in a 12-hour candlestick close under the $1,559 support level, it can invalidate the bullish projections.
A similar move could result in a 5% drop in ETH price, retesting the recent low swing of $1,479.
Over the last four months, Ethereum (ETH) has seen its daily active address (DAA) count plummet to 152,000. This drop has increased concerns about the coin’s future performance before the end of the year.
As a result, inflation in the traditional market dragged ETH lower, threatening a price crash to $750, or 40% below current levels.
Due to this, ETH owners search for other crypto projects amidst the virtual coin’s stagnant phase.
ETH investors can earn more money by investing in The Hideaways (HDWY), with real-world utilities that protect investments from the bears.
Forget Ethereum; Join The Hideaways Instead
The Hideaways (HDWY) is your opportunity to participate in a potential 100x parabolic surge that can elevate your real estate investment experience.
The project offers investors a valuable proposition by allowing them to purchase NFTs underpinned by real luxury properties located worldwide and accessible for fractional purchase.
You can earn a minimum of 20% passive income per year from HDWY properties by owning one of their NFTs.
The Hideaways enables users to profit from the profitable market while securing risky investments with real assets which have historically risen in value and lack of supply.
With HDWY, you can take part in $23 trillion worth of tokenized luxury assets by buying HDWY tokens for $0.045.
Plus, HDWY has locked token liquidity for more than 999 years, and a thorough audit by SolidProof clearly shows that the project is well-positioned for a bullish market.
Get HDWY Tokens Now!
Website: https://www.thehideaways.io/
Presale: https://ticket.thehideaways.io/register
Telegram: https://t.me/thehideawayscrypto
Twitter: https://twitter.com/hdwycrypto
