Ripple Struggles at $0.60, Solana To See an Upswing to $90, Everlodge To Feature AI-Prediction Tool for Real Estate Markets
Solana (SOL) experienced a price correction as buyers prepared their next move. While its weekly performance is excellent, the volume continues to make lower highs, and if this momentum continues, buyers will need to step up even further.
Ripple (XRP), on the other hand, has decreased in value back down to the $0.60 range and needs to break past an important resistance level to regain its momentum. Everlodge (ELDG) has picked up significant pace, as it will introduce an AI-driven tool through which ELDG holders can access predicted data.
Solana (SOL) Dips to $67 – Is a Resurgence at $90 Possible?
Bears were active in the recent Solana (SOL) charts, yet they were unable to push the cryptocurrency under $50, and since then, they lost control of the price. The highest level of its chart is currently the resistance of $67, and if broken, Solana could quickly approach three digits.
The reversal in the price action is also reflected in the RSI, which made a higher high, confirming that buyers are in control and could take Solana to the key resistance point, making the bias for it bullish. According to the Solana price prediction, it can reach $90 by the start of 2024.
Ripple (XRP) Sinks to $0.60 but Can Climb to $0.90
The Ripple (XRP) price has been experiencing a pullback on the USDT and BTC pairs in the past week. The marker might begin a new bullish upswing soon, as there is a strong level of support for the crypto.
The Ripple price is at $0.60, which is preventing its value from dropping lower as a major resistance point. If this level breaks down, the 200-day moving average located at the $0.55 mark can be counted as a point through which it can return. If this is the case, the Ripple price prediction puts its value at its highest point of $0.90 by the end of 2023.
Everlodge (ELDG) To Introduce AI-Driven Elements
Solana needed to break past $67, and Ripple fell to $0.60, but this did not discourage traders from diversifying their holdings. Everlodge is an upcoming real estate platform that can completely democratize the $280 trillion industry, as it can make it far more accessible.
Traditionally, investors needed millions in upfront capital in order to access the industry, as most properties that are located in luxury locations can provide them with a lot of value.
As a result, this asset class remained mainly locked only to the extremely wealthy. Through Everlodge, a property worth $8,000,000 can be split across 80,000 pieces worth $100 each by using NFT fractionalization.
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Anyone, no matter their financial status, can jump into it and gain access to benefits such as passive income from rental properties and value appreciation.
Another major portion of its ecosystem is the incorporation of AI. The AI tool available will monitor and scan global property prices in all territories, and provide ecosystem participants access to snapshots in that region within a specified time frame.
Through this, users can predict undervalued markets. For example, a few years ago, properties in Dubai were not worth as much as today, and if users had access to Everlodge, they would be able to potentially predict that market.
The native crypto, ELDG, is used for staking and governance on top of the platform. Currently, the project is at the seventh stage of its presale, where the crypto is offered at just $0.025.
At launch, analysts project that the cryptocurrency could surge by 25x, especially as it provides users access to giveaways during holidays and property raffles.
Filed under: Bitcoin - @ December 1, 2023 1:23 pm