Chainlink (LINK) and Cosmos (ATOM) top today’s market gainers. Traders continue to shy away from crypto majors Bitcoin (BTC) and Ethereum (ETH).
Chainlink (LINK) was one of the favorites of the last bear market and was one of the only coins to do well during the 2017-2020 bear market. Analysts also expect ATOM to fair well after a massive community has formed around it, and both should continue their winning streak until next week.
Meanwhile, presale superstar The Hideaways (HDWY) is projected to become one of the top-performing coins in 2022 as it pumps over 100% in less than 10 days.
Chainlink (LINK) Down To $6.95 But Looks Good For Bulls To Take Charge.
Investors revert attention to Chainlink (LINK) as the completion of The Merge provides no answer on the future of Ethereum – the most prominent smart contract network today.
Chainlink, being an oracle-based smart contract platform, is looking to become the market’s saving grace in case Ethereum’s switch to Proof of Stake does not go well as planned.
LINK is last seen trading at $6.795, down 4.82% today.
Still, technical indicators are under the hands of the bears as there is a bearish retest of the diagonal support. This is a big bearish price action and should result in LINK’s price prediction to be about $5.32 – a 21% drop.
Investors wanting to enter a long bullish trade are advised to wait for a recovery of the red diagonal line in the image shown.
A rally to an August high at $9.5 can show next week. Our advice for traders: take profit at this level as this is a retracement point, as trading history shows.
Cosmos (ATOM) ‘s Technical Indicators are Positive; Bullish Streak to Continue
Cosmos (ATOM) entered the weekend in a positive mood. The coin is up 10% to $16.31 in the last 24 hours, sending its total winning margin to 41% in the previous 30 days.
But this is not the end of Cosmos (ATOM)’s bullish streak. Technical indicators are “significantly bullish,” meaning no pattern reversal is showing any time soon.
The 20-day EMA is flying above the 50-day EMA – the most significant indicator of a bullish streak. Moreover, its Relative Strength Index is looking to enter the overbought territory after settling at 65.0.
The continued entrance of buyers will bring ATOM’s price to $20.5 – a level is never seen since April. The coin’s daily chart shows an ascending triangle pattern which points to a sustained momentum.
Top Analysts Hits Another Bullseye In The Hideaways (HDWY) After 100% Gain With More Predicted
Chainlink (LINK) and Cosmos (ATOM) get optimistic forecasts. But for those looking for coins offered at an ultra-cheap price with substantial long-term growth potential, you should consider The Hideaways (HDWY).
This new project is in the real estate and NFT business – two of the most sought-after industries today.
You can buy into new luxury properties anywhere in the world, and it doesn’t matter where you’re located. This co-ownership of property and investing makes it a clear winner in our analyst’s eyes.
The ability to buy a fraction of property for only $100 and get insane monthly yields paid in ETH or USDT and USDC is a no-brainer.
Simple maths puts the value of this project at a top 50 crypto market cap coin, meaning it should hit highs of $8 – an 80,000% return. Similar to that of ATOM and LINK!
Moreover, simply putting coins at stake will earn you lucrative staking rewards. Currently, HDWY is offered at $0.01 as a presale price. You don’t want to miss your chance.
Check them out:
Website: https://www.thehideaways.io
Presale: https://ticket.thehideaways.io/register
Telegram: https://t.me/thehideawayscrypto
Twitter: https://twitter.com/hdwycrypto
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