Quant (QNT) and Chiliz (CHZ) have increased by more than 100% in the last three months. But recent charts show both erasing advances as the market makes a bearish turn due to high inflation and the macroeconomic environment. Are we expecting some recovery in the long term?
Investors are becoming more interested in the new cryptocurrency, The Hideaways (HDWY), that aims to disrupt the trillion-dollar real estate industry. This is the best bear market gem we picked out, already gaining 100% since our first analysis. It has real-world utility and exponential growth potential.
Quant (QNT)’s 50-day EMA is Crossing Above the 20-Day
Quant (QNT) trades in the red in the 24-hour charts, having declined 5.04% during the day to $99.75. Still, the token is up 4.53% from the previous week and 125.23% in the last 90 days.
The news that government agencies will use the Quant (QNT) network made the bulls come out, but it seems they’ve run out of energy. However, the coin could not stand to take it any further amid the weakness in the broader crypto market.
Quant (QNT) investors rush to exit the coin as inflationary pressures dim their appetite for risky assets. QNT’s technical analysis adds to the downside, with the 50-day EMA nearing a crossover above the 20-day EMA. This shows we expect the token to continue falling in the coming days.
Quant (QNT) bears now target the $95.10 support line. If buyers come to the rescue at this level, the coin can bounce back to $101.00.
Chiliz (CHZ) Will Maintain its Winning Streak
Unlike Quant (QNT), Chiliz (CHZ) gets a positive analyst forecast. Experts from the Motley Fool keep their hopes on this sports token despite its price falling 4.64% to $0.193 on Wednesday.
There are two main reasons behind the positive forecast. On the technical analysis side, the 20-day EMA is flying high above the 50-day EMA, suggesting a sustained bullish sentiment in the near term. For now, buyers will target $0.208 before pushing prices to a September high at $0.221.
On the fundamentals side, Chiliz has successfully signed 100 sports teams. The overall recovery in the sports industry and the increased integration of e-sports and the Metaverse are expected to bring the token to greater heights.
Recently, Chiliz announced plans to create its own native chain to launch fungible and non-fungible tokens. This means that the blockchain’s bringing more attention to its long-term growth, which can drive prices between $4 and $5 by 2030.
The Hideaways (HDWY) Makes Unbelievable Gains In The Past 2 Weeks
Our analysts picked out The Hideaways last week. Since then, over 1000 new holders have invested, and the price has increased by over 100%.
After a further dive, we can see that it looks even better than before, with constant updates, marketplace teasers, and NFT teasers already on the way.
The Hideaways (HDWY) is a new cryptocurrency in luxury real estate investing. Its native coin, HDWY, is selling at $0.02 with a juicy 25% bonus – and it’s clear there are more gains as experts forecast the price increase of 6,000% by the end of 2022.
The Hideaways (HDWY) offer fractionalized NFTs for as little as $100. There are two sources of passive income:
- Rental income from real properties is automatically streamed to owners monthly.
- Capital appreciation – The Hideaways NFTs can be sold on secondary markets for prices dictated by demand.
Don’t miss your chance to pocket some gains from The Hideaways (HDWY) presale. Check them out:
Always conduct proper research when dealing with pre-sales of currencies and tokens. The information above does not constitute investment advice by CryptoMode or its team, nor does it reflect the views of the website or its staff.
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