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Aave (AAVE) and Chainlink (LINK) Plummets on Profit Taking, The Hideaways (HDWY) to Win 2023

October 17, 2022
in Chainlink
0

With the bear market in full swing in the cryptocurrency space, it has become imperative for traders to make smart investments to harvest massive profits in the long run.

Accordingly, Aave (AAVE) and Chainlink (LINK) holders rushed toward The Hideaways (HDWY), recording a 2.00% decline on both altcoins.

Investors took their profits and placed them in the presale superstar. Analysts pointed out that HDWY offers more practical and utility gains than AAVE and LINK.


Aave (AAVE) Price Suffers Huge Drop

Aave (AAVE) is the native token of one of the most important crypto lending platforms in the industry.

Unfortunately, the altcoin faced a significant decline on Friday as holders took profit from the previous positive movements of the digital asset.

At press time, Aave (AAVE) is exchanging hands at $77.59, losing about 2.50% in the last 24 hours. The current price level also translates to a 75.20% year-over-year low.

Moreover, AAVE technical indicators flagged bearish momentum. The coin’s MACD sat at -0.24, indicating a selling position.

Optimistic holders projected Aave (AAVE) to achieve a price point of $137.00 at the end of 2022. However, this estimate seems impossible amid the significant 88.30% decrease from its peak. In 2023, the coin could slip lower as pessimism remains in the global economy.

Accordingly, The Hideaways (HDWY) is now snatching AAVE holders toward the crypto-driven luxury property investment. The token already delivered 450% gains since the start of the presale and has entered Stage 3 of its presale.

Stage 3 is the stage expected by analysts to see the most significant price rises and the team have already confirmed the price will be increasing to $0.06 this Sunday. The first of many price increases expected over the next 4 weeks, with the token expected to exceed $0.15 in November.

Chainlink (LINK) Keeps Heading Lower

Since June, Chainlink (LINK) has dived into higher pullbacks. Technical analysis of the token revealed that the bears had regained control of the higher time frames.

At the time of writing, LINK has lost 1.50% to $7.68, representing a 71.30% slump from a year earlier.

Chainlink (LINK) has been notoriously challenging to trade during October. For instance, the false breakouts and rejections near the $8.00 highs have been repetitive in the previous weeks.

In addition, technical indicators and moving averages recommend a selling move. The MACD touched a low of -0.02, reflecting a bearish streak.

On the 3-day chart, LINK’s volume finishes a classic ramping pattern, further proposing that the bears are in full control.

With Chainlink (LINK)’s sluggish trading, traders are now looking for greener pastures. The Hideaways (HDWY) is set to be featured as one of the top crypto investments of 2023.

The Hideaways (HDWY) Dominates Gains

The Hideaways (HDWY) could overtake Aave (AAVE) and Chainlink (LINK) next year amid the tremendous boost of the presale star.

The revolutionary investment is now moving towards the final phase of its presale and over 50% of tokens are already sold. The Hideaways (HDWY) is also on track to mark another rally this week as its price soars from $0.045 to $0.06 – get in now and secure your gains.

The venture is a real-life luxury crypto project that allows holders to invest in property and receive a rental income. The project will mint an NFT which is underpinned by real estate, offering fewer risks than Aave (AAVE) and Chainlink (LINK) whilst giving investors the opportunity to earn massive passive income every month!

Furthermore, The Hideaways offers VIP tiers named Bronze, Silver, Gold, Platinum, and Diamond, a huge rewards platform awaiting investors with rewards such as free 2 weeks holidays and free private jet flights on offer.

Leading analysts predict The Hideaways (HDWY) price to increase significantly during Stage 3 of their presale, so join the project now and you can expect your investment to gain significantly in October and November.

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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author image

Author: Michael Abetz


Michael has had a keen interest in investing in cryptocurrency and trading since the 2017 bull run, and is now a freelance writer producing educational material on decentralized finance topics online. Originally from Germany, Michael attended Kings College London to complete a course in Mechanical Engineering. Around the time of the
…

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This news is republished from another source. You can check the original article here

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Name Price
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staked-ether
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$1,843.24
dogecoin
Dogecoin (DOGE)
$0.072829


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