Polygon (MATIC) has a bullish potential ahead of it according to @ali_charts, and it could surge to new heights by the end of the year based on its head-and-shoulders pattern. Ethereum (ETH) has been increasing in value during the past few months and has broken past numerous resistance levels.
The market is currently consolidating around the $2,000 mark, and if it breaks past another price barrier, it could go beyond this point. Everlodge (ELDG) is also spiking in activity as it can completely change the dynamics surrounding the real estate market.
Summary
● Polygon can grow in value to $0.86 by the end of Q4 ● Ethereum to experience a price upswing to $2,385.18 by the end of 2023 ● Everlodge to experience a 50x surge at launch
Polygon (MATIC) to See an Upswing to $0.86
According to a major crypto analyst known as Ali Martinez on X (Twitter), the Polygon (MATIC) crypto is showcasing that there is a potential for a head-and-shoulders pattern. If there is a breakout below the $0.79 price range, the crypto could retest $0 87, but on the other hand, any upswing above the right shoulder at $0.86 could result in even more demand.
During the past week, the price of the Polygon crypto moved from $0.729539 to $0.796937, and its value saw an upswing of 18% in the past month alone.
As a result, according to the Polygon price prediction made by the analyst, it can end 2023 at a value of $0.86.
Ethereum (ETH) Can Surge As High as $2,385 by the End of 2023
Ethereum (ETH) recently surged past the $2,000 price range and sparked significant interest from analysts. If it breaks down from this point, it is likely that a double-top pattern can form, and further decline can occur. On the other hand, the RSI is showing values above 50, indicating that the momentum is in favor of the buyers, and a bearish reversal seems like an impossibility.
During the past week, the Ethereum crypto moved up in value from a low point of $1,944.21 to a high point of value at $2,119.94. In the past year, ETH is up 73.2%. According to the Ethereum price prediction, it can spike as high as $2,385.18 by the end of 2023.
Everlodge (ELDG) to Feature Transparency and Accessibility
While Polygon and Ethereum are bullish, another crypto that can spike in value is Everlodge. This is an upcoming project that will completely change how people interact with the real estate industry.
Traditionally, those wanting to make an investment in the markets needed a lot of upfront capital, and the industry lacked transparency and accessibility as a result.
Everlodge will solve this through the introduction of blockchain technology, where the platform will mint properties as NFTs and will then fractionalize them to make them accessible for as little as $100 each fraction.
This way, anyone can purchase a fraction in one or multiple properties and diversify their holdings effectively. They can also get passive income by investing in rental properties or by staking the native crypto.
ELDG is used for staking alongside governance and can provide holders with access to giveaways during holidays and property raffles. During stage seven, it's offered at $0.025 but can surge by 50x at launch.
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