Stellar (XLM) Continues to Underperform in the Latest Charts

Stellar (XLM) barely gave us interesting price actions this year. The token remains 90% off from the all-time high level, and analysts project that recovery is not happening anytime soon.

The market resets its priorities after seeing better potential in The Hideaways (HDWY), the presale token everyone wants to get their hands into lately. But is it really worthy of an investment? Let’s find out what experts in the crypto industry has to say.

Stellar (XLM) Will Sustain its Poor Performance

Stellar (XLM) fell into big retracements many times than expected this month. The token recorded a series of mishaps where the price bottomed to a yearly low at $0.079 in early November.

Analysts warned Stellar (XLM) holders to reevaluate their positions as the price is bound to end weak this year.

First, there is a lack of positive network development. As of late, Stellar (XLM) had not updated any meaningful partnership with players in the space which means there is nothing investors will look forward to.

Another, there is an ongoing fear in the broader crypto market as the spillover effects of the FTX crash starts to take hold.

Experts recommended The Hideaways (HDWY) for investors wanting to score a token that’s on the same price threshold as Stellar (XLM) but with higher value and utility.

What is Next for Stellar (XLM)’s Price?

The overall investor sentiment on Stellar (XLM) is currently bearish. The Relative Strength Index, a technical indicator tracking buying and selling pressure, is at 40.0 – clearly showing sellers continue to outperform buyers at this point.

The daily chart has also formed a bearish pennant pattern. The first support line is at $0.082 and a failure to consolidate buying power at this rate could send XLM back to its 2022 low at $0.079.

The Hideaways (HDWY) Will Outperform Stellar (XLM)

The new crypto project, The Hideaways (HDWY), is set to outperform Stellar (XLM) this year. While the latter will end the year in the red, the real estate-focused investment program will hike by 6,000% in 2022.

The Hideaways (HDWY) received an unexpected demand from the FTX crash as the market searched for stability. Given its ties with real estate, one of the most stable and high-yielding industries of all time, traders did not think twice about getting their hands on the new crypto craze.

The Hideaways (HDWY) is looking to climb the crypto major status by 2023. Given its promising roadmap and network milestones lately, we wouldn’t be surprised to see it become the next 50x coin to give investors returns they can never find elsewhere.

Score The Hideaways (HDWY) for only $0.010 before the presale ends:

Website: https://www.thehideaways.io

Pre-Sale: https://ticket.thehideaways.io/register

Telegram: https://t.me/thehideawayscrypto

Twitter: https://twitter.com/hdwycrypto