Chiliz (CHZ) and Litecoin (LTC) Fall as Broader Crypto Market Show Signs of Weakness

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Chiliz (CHZ) and Litecoin (LTC) have no way of exiting the pressure currently dominating the financial markets. Anticipation for the Federal Reserve’s rate decision triggered a 200-point dent in the Dow Jones and sent the majority of crypto altcoins on retreat.

Investors scouting for a new base have found safety in The Hideaways (HDWY). Set to become one of the most successful crypto launches this year, HDWY is expected to end the year with a 6,000% surge.

Chiliz (CHZ) Retreats, Technical Indicators Still Show Bullish Signals

Chiliz (CHZ) shed nearly 5% in 24 hours and sent prices back to the $0.24 zone. Still, 7-day charts remain strong, where the price is up 24.17%.

The token is among the few cryptocurrencies that remained strong at the start of the week when Bitcoin (BTC) and Ethereum (ETH) fell below their critical support zones.

While keeping losses in control, the token’s trading volume has taken a whim from the recent retracement. It fell 45% to $590 million during the session.

RSI slightly reversed to 61.40 after peaking at 67.44 in the previous session. Sellers who left Chiliz (CHZ) made it to The Hideaways (HDWY) – a clear winner in terms of stability and actual use cases.

On the upside, Chiliz (CHZ)’s 20-day EMA is still above the 50-day EMA after making a crossover in late July. Bulls will remain in control, but occasional price retracements are possible.

Bears Prepare to Take a Lead on Litecoin (LTC)

Litecoin (LTC)’s exponential moving average had just turned bearish. The 50-day EMA crossed above the 20-day EMA on September 18 – the bears will lead for now.

LTC is already feeling the pressure and has declined 0.21% to $52.42 in the last 24 hours. The coin is down 11.28% in the 7-day charts and 5.26% in 30 days.

RSI is also starting to show a hint of selling pressure. It steadied at 40.10 – near the oversold territory and a clear indicator of sellers’ dominance. Its trading volume made a 20% decline to $550 million in the same session.

It’s Time to Buy The Hideaways (HDWY)

The Hideaways (HDWY) is a new cryptocurrency project in the real estate around the world for as little as $100.

They tokenize luxury real estate and then allow you to buy an asset-backed NFT. How do you earn money? Through massive passive income of over 20%.

The Hideaways acquires property off-the-market to ensure that you get the best deal. Then, they handle all the rental management and events management to maximize the passive income that you get from the property.

Anyone who invests in The Hideaways will see steady growth in the portfolio regardless of the macroeconomic situation – real estate never goes down by as much as crypto!

Unlike Chiliz (CHZ) and Litecoin (LTC), which are very sensitive to economic whims, The Hideaways (HDWY) is a trendsetter of its own price.

Its real-world asset backing means it has an intrinsic value – not just a coin that bases rise and falls on Bitcoin (BTC)’s price movement.

HDWY, its native token, is forecasted to end the year with at least 6,000% gains. It has already started gaining traction and doubled its price to $0.02 just weeks after starting its presale event.

Check its whitepaper and community here:




Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of NewsBTC. NewsBTC does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.

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