Elrond eGold (EGLD) and Neo (NEO) regained bullish momentum. Despite its volatility, the crypto market is still worth investing in; as fast as prices decline, so do price surges.
Since the crypto market hit its peak in 2021, it has continuously suffered bear attacks and has been left sullen by the recent crypto winter.
Buyers are looking to diversify their portfolios by acquiring new coins and tokens that could be profitable in the future. One of these new coins is The Hideaways.
Elrond eGold Upward Price Potential
In the past week, Elrond eGold (EGLD) was trading around $54.07 with support of approximately $44. Currently, the cryptocurrency RSI is over 50 suggesting the possibility of a bullish market. However, despite continued price increases, analysts don’t recommend EGLD for sustainable long-term investment.
As of writing, EGLD is trading at $57.97, increasing 1.1% from the previous day, with an updated market cap of $1 billion. The coin has a circulating supply of $24 million EGLD.
Several technical analysts recommend investing in EGLD if you’re looking for short-term rallies instead of long-term profitability. By 2023, the coin is anticipated to reach a trading price of $96.35 or $110.86.
Neo Regains Bullish Position
Following Neo’s (NEO) breakout above the $8.57 barrier, Neo price research recently showed a strong market mood. Since the bulls have been in control for the past two days, an ongoing upswing has been seen.
The coin’s price increased marginally by 2.6% over the previous day from its opening price of $8.54 to its current position above the $8.60 mark. The coin has a market worth of $621 million and a $39 million 24-hour trading volume.
Top crypto analysts reveal that by 2023 NEO may fluctuate between a high price level of $35 and a low price level of $32.
Want To Invest In A Profitable Coin? Choose The Hideaways
For as little as $100, you may purchase high-end real estate with The Hideaways (HDWY). Many cryptocurrency investors are eager to participate in the presale since it is predicted that the price of the tokens will increase by more than 20,000% in 2023.
The following benefits are available to HDWY holders:
- Gain 20% yearly revenue from occasions held in your property, such as weddings and rental income.
- Join the $230 trillion property market through the blockchain
- Take advantage of unique advantages by joining Club Hideaways.
HDWY completed the Solid Proof evaluation and maintained its liquidity for 999 years; this makes investing in The Hideaways (HDWY) a wise decision.
Participate in The Hideaways’ (HDWY) presale to connect with a growing network of entrepreneurs and investors who share your interests.
Take Part Of The Hideaways Presale!
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Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.