After the decline of Bitcoin, which saw the popular cryptocurrency slump from $30,000 to $26,000 a few weeks ago, many cryptocurrencies have followed the bearish trends with a noticeable downtrend recorded. However, analysts are bullish on Ethereum (ETH), Shiba Inu (SHIB), and Everlodge (ELDG) and are adding them among the top cryptos to watch out for in Q4 of 2023. These three tokens are showing signs of bullish momentum. One of the tokens is seeing a huge inflow of investors based on its use case. Let’s see which token is that.
Summary
- Ethereum is predicted to reach $2000 before the end of 2023.
- Shiba Inu sets for bullish trends.
- Everlodge tokens price is projected to rise to $0.035 by the end of the presale.
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Ethereum (ETH) Remains Bullish Despite Market Inconsistencies
While Bitcoin has pioneered the revolution of the financial system, Ethereum (ETH) goes one step further by serving as a network where developers can build a host of decentralized applications. Because of this excellent innovation, Ethereum has emerged as the go-to network for developers looking to build security-based applications.
With the recent victory of Grayscale over the SEC in a lawsuit allegation, ETH has pumped up in the last few days, crossing the $1700 threshold. Analysts are increasingly confident of the bullish performance of Ethereum and are backing it to reach the $2000 mark in the fourth quarter of 2023.
The technical analysis shows that ETH is experiencing an uptrend. Crypto prediction platforms are also predicting a bull run for the coin. Ambcrypto forecast the coin to trade at an average price of $2,244 before the end of the year. This makes ETH one of the top cryptos to watch out for in Q4 of 2023.
Shiba Inu (SHIB) Enjoys Bullish Trends After Overcoming the Bear Market
Normalcy is returning to the crypto market after the recent downturn witnessed in the market. Many of the cryptos are currently showing bullish momentum. Having lost considerably to bear pressure in the last few months, Shiba Inu (SHIB) is back with bullish signals, with impressive price increases over the last few days.
While it is too early to predict whether Shiba Inu is heading to the bull market, the present performance gives cause for optimism. The SHIB token has gained 2% in the last few days. Also, the green lines are very active in the market chart, which could be a signal of a bull run coming soon.
With the series of developments going on across the Shiba Inu ecosystem, the token is poised for a monumental surge. As a result, analysts like Javon Marks are predicting that SHIB potential surge may reach a new all-time high and a record-breaking SHIB price that would provide a big leap for investors. It is one of the tokens to watch out for in the last quarter of the year.
Everlodge (ELDG) – Disrupting the Traditional Real Estate Industry
Although Ethereum and Shiba Inu are experiencing an upsurge, they can’t catch up with the bullish momentum of Everlodge . Everlodge, the new platform that aims to open up the real estate industry to everyday people.
To invest in the real estate industry is usually costly, with investors expected to bring out huge amounts of money to be a real estate owner. Now, Everlodge is decentralizing the industry with the introduction of fractional ownership of real estate through property-backed NFTs. With just $100, investors can become fractional property owners of real estate on the blockchain.
To ensure the safety of investors’ funds, Everlodge has been deemed safe and secure by the audits conducted by InterFi Network and BlockAudit. The liquidity of the token will be locked for eight years, while the team token will be locked for two years.
The utility token of the Everlodge platform is sold for only $0.012. With its affiliation with real estate, crypto experts have projected the ELDG token price to reach $0.035 before the end of the presale.
Find out more about the Everlodge (ELDG) Presale
Website: https://www.everlodge.io/
Telegram: https://t.me/everlodge
Source: https://www.analyticsinsight.net/ethereum-eth-shiba-inu-shib-and-everlodge-eldg-emerge-as-the-three-bullish-cryptocurrencies-to-invest-in-now/