
Breaking above critical resistances can open up new buying opportunities for traders. Fresh off the boat, Ripple (XRP) and Sologenic (SOLO) had just surpassed their strong resistances, which raises expectations for better trades ahead.
Meanwhile, strong demand for The Hideaways (HDWY) had also sent the price to $0.045 – a level not expected to be seen until the last leg of its presale event.
It was a long way to the top, but Ripple (XRP) finally broke above $0.50 again. The token is trading at $0.51 – up 12.11% in the past week. Buyers had encountered a tough fight against sellers at $0.48. Still, they managed to push the price above the critical resistance.
Ripple (XRP) is currently consolidating a bullish inverted head and shoulders. A successful plotting of this pattern will open doors for a sustained recovery.
Still, investors must practice caution in the near term as trading volume declined 53.37% to $1.37 million in the last 24 hours.
The next resistance level for Ripple (XRP) is at $0.55 – make sure to take profit as this is a historical selling level.
Sologenic (SOLO) hikes another 2.20% in the 24-hour charts, which sent its price to $0.234. The total weekly winning is at +76.91% and +83.31% in the monthly charts. This is higher than Ripple (XRP)'s +47% 30-day ROI but lower than the +450% from The Hideaways (HDWY).
Analysts say this will not end Sologenic (SOLO)'s winning streak, given its strong technicals. The token's daily chart shows a consolidation of a bullish falling wedge pattern, causing the entrance of buyers wanting to profit from the surge.
RSI is at 83.36 – an extremely overbought territory. Buyers will continue to push the price to $0.260 before taking it to $0.300.
The Hideaways (HDWY) is performing much better than expected. But what does it do?
And it looks like they're taking the secure and safe route after the recent hacks, as they've already got their smart contract audited by SolidProof – a leading security audit firm. This means it's unhackable.
They are also locking their team tokens for two years, which means the team is invested in making $HDWY go up – afterall, their future depends on it! They will also be locking ALL liquidity forever – the most bullish thing developers can do.
You have stumbled upon a diamond in the rough. Don't miss your chance.
Website: https://www.thehideaways.io
Telegram: https://t.me/thehideawayscrypto
Twitter: https://twitter.com/hdwycrypto
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