Ripple (XRP) experienced a meteoric rise between 2017 and 2018, briefly surpassing Bitcoin (BTC) as the world’s second most capitalized cryptocurrency.
After this expansion, XRP’s exchange rate and market cap started to drop. However, the token has recently undergone price increases following the devastating crypto winter.
There are new coins like The Hideaways (HDWY) which continue to impress everyone that stumbles upon it.
XRP Ripple Price Goes Up But Less Than The Rest Of the Market
The XRP token, which is used for cross-border money transfers, seems to be approaching the end of a retracement from last month’s peak of $0.5488. A significant demand zone exists at $0.4200, where the token’s price is expected to begin a new rally.
This is a minor decrease from XRP’s current price of $0.4457, but investors should not be concerned since such a move may enable liquidity collection leading up to a $1 rebound.
Every trader’s quick watch list should include the XRP price, as a profitable opportunity may present itself in the upcoming weeks. The current XRP auction price is $0.457.
According to chart analysts, the XRP price is hovering just above the 38.2% retracement level, surrounding the best feature of the rally before a 40-day convergence. XRP’s previous low swing landed 50%, which demonstrates market strength.
If the XRP market is truly bullish, a break above $0.47 could be the triangle breakout investors have anticipated. A rally to $0.66 would be ideal for another bullish run. Under these market conditions, the price of XRP would rise by 40%.
The Hideaways Tops XRP’s Community With Insanely Bullish Sentiment
The Hideaways (HDWY) launched in September as a luxury real estate project that has transformed real estate investment returns with NFTs. What’s more, the project is at the top of discussion threads about the most anticipated new crypto tokens on the market.
The Hideaways is a low-risk investment opportunity with high potential rewards.
Investors in The Hideaways’ fractionalized NFTs earn more than 20% APY in passive income. HDWY offers a unique opportunity to invest in upscale properties worldwide for only $100.
Surprisingly, top analysts stated that The Hideaways is expected to deliver up to 40x ROI next year, a feat that isn’t even possible for well-established coins like XRP.
The Hideaways are expected to have increased by more than 9000% by the end of the year.
HDWY offers ample space for market growth. What are you waiting for? Jump on board with this project right away!
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
Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
Source: https://cryptodaily.co.uk/2022/11/prices-go-up-for-ripple-xrp-but-the-hideaways-hdwy-outperforms