Dogecoin price hasn’t been what most would have hoped for, but our analysts predict a short-term rise to keep holders happy.
Ethereum’s price action has also been bearish since the Merge in mid-September, but it shows signs of recovery as it’s up 3.5% at the time of writing.
Dogecoin and ETH holders may experience temporary relief, but the macroeconomic environment hasn’t changed, so the long-term outlook is still bearish.
One coin that is doing very well is The Hideaways, a potential bear market gets that could get holders up to 1,000x as the market cap is tiny with a lot of room to grow.
DOGE Up By 2.37% and Beaten Downward Diagonal Resistance
During the early hours of today, DOGE rose to a daily high of $0.06277 and has broken out of its diagonal downward resistance, as seen in the image below.
The green candle shows that DOGE holders have a potential upside to $0.08 – short term relief from the bearish action of 2022.
Dogecoin is currently trading above the EMA21 on the daily timeframe, which signifies strength in this short-term reversal.
Ethereum (ETH) Price Analysis
The expectations from Ethereum (ETH) after the Merge have been disappointing, with Ethereum plunging below $1,300 after the Merge and battling to regain its former price level before the Merge.
During the early hours of today, Ethereum pulled back from the 20MA on the 4 hours timeframe and formed a bearish reversal, further driving prices down from yesterday’s $1,400 position to today’s $1,339.04.
This is a significant support level; if prices break down, the next support is $1,228.75. Trading data from Binance shows that today, the bulls control the total money flow in the last 24 hours by 50.76%.
The Hideaways Targets 8,500% After Hitting 100% Price Gain
The Hideaways (HDWY), after gaining a 100% profit despite the whole crypto market doing terribly, should see a price of $0.50 before the end of December 2023. That’s a 2,500% return on investment, plus the minimum 20% yield.
They’re one of the safest presales we’ve come across, with liquidity being locked for multiple lifetimes and an audit already passed by SolidProof.
In the true spirit of cryptocurrency, they offer the ability for anyone, anywhere, to buy a chunk of a property. This exposes them to real passive income, paid directly in $ETH, $USDT, or $USDC.
The ongoing The Hideaways (HDWY) presale has exponentially increased in community size, with over 1000 strong holders and 1000 strong telegram communities.
With The Hideaways HDWY, crypto and real estate investment will be made compatible and possible. The price is currently at $0.02, and a price increase to $0.03 and then $0.045 is expected within this week. Get in now to get a 50% increase in investment.
For more information, check out The Hideaways (HDWY):-