Ravencoin (RVN) and Ethereum Classic (ETC) lead the market with gains, making them among the top gainers on Wednesday’s session.
Ravencoin (RVN) jumped 20%, while Ethereum Classic (ETC) made a 5% advance at the same time Bitcoin (BTC) nursed a 3% loss. Anticipation for The Merge is turning out positive for both RVN and ETC.
Investors also turn to a new presale superstar, The Hideaways (HDWY), holding a presale offer until the end of September.
Ravencoin (RVN) Down 45% In 4 Days
The Ethereum Merge has happened, and an alternative to Ethereum, Ravencoin (RVN), enjoys all the market attention.
The token is currently trading at $0.071, down 20% since the start of Monday’s session. It previously recorded an impressive recovery where bulls pumped it to 92.33%. However, since then, it has crashed 45% in 4 days.
Zooming the charts, we can see that Ravencoin (RVN)’s 3-month performance is even better, with the price getting a 268% boost in the last 90 days. This is higher than its rival, Ethereum (ETH), which is up by only 51% in three months.
Although RVN is still 75.22% off from its all-time high at $0.29, the bulls continue pushing prices up, and bears are at key support at $0.04. If the bulls can hold this, then our analysts see a push up to the next resistance at $0.076.
RSI is in the overbought territory after hitting 73.30. If buyers continue to come, the bulls can take the price higher to $0.076 – a level not seen since April.
Ethereum Classic (ETC) Gets a 5% Boost Due To Ethereum Merge
Another crypto that’s been on The Merge bonanza lately is Ethereum Classic (ETC). The network’s hash rate is expected to continue playing at record-high levels as Ethereum (ETH) miners look for a new base to keep their mining activities going.
Ethereum Classic (ETC) is exchanging hands at $36.83 after getting a 5.24% boost in the last 24 hours. The coin has staged a 168% recovery in the previous three months.
ETC’s technical indicators point to a bullish streak. The 20-day EMA is flying above the 50-day EMA, which suggests a sustained bullish trend. The trading volume is also kept high at $175 million.
Ethereum Classic (ETC) will attempt to break the first resistance at $38.25 and take it higher to $42.21 – an excellent level to pocket some gains.
Ravencoin (RVN) and Ethereum Classic (ETC) Investors Should Look at The Hideaways (HDWY)
Now that Ravencoin (RVN) and Ethereum Classic (ETC) have lost their sparkle since the ETH merge, our analysts pick out The Hideaways (HDWY) to outperform them – massively.
This new project is changing the way investors look at real estate investing. It aims to merge luxury real estate and NFT into one investment package that will give you a chance to earn passively.
These NFTs give owners entitlement to a monthly rental income from The Hideaways’ property acquisitions. They can also be sold in secondary markets at prices dictated by demand.
The HDWY native coin is offered at $0.01 – significantly lower than ETC and roughly at the same price level as RVN. Top analysts expect the coin to make a 9,000% rally by the end of the year.
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