The crypto market has witnessed a major recovery in the last 24 hours. Cryptocurrencies like Dogecoin, XRP, and Everlodge are currently trading in the green. Besides, experts are bullish on these coins and see more price increases in 2023.
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Dogecoin (DOGE) Price and Trading Volume Up
Dogecoin (DOGE) has faced significant challenges during the crypto bear market in 2023. Consequently, its price has taken a major hit falling below the $0.07 region. As a result, DOGE transactions have decreased sharply, indicating a decline in investor interest. Dogecoin’s price has increased with the rest of the crypto market in October.
According to CoinMarketCap, DOGE’s price has increased to reach $0.063248. Similarly, Dogecoin crypto is showing gains of 6.22% on the 7-day chart. Additionally, Dogecoin’s trading volume which has been on a steep increase has risen by 213.40% on October 23th.
Unfortunately, Dogecoin’s technical indicators are still bearish. Dogecoin’s RSI is still below the average 50 mark. However, despite these bearish trends, market experts are bullish on the price of Dogecoin. Experts have forecasted a price increase to $0.071224 before the end of 2023.
Ripple (XRP) Scores Major Win Against the U.S. SEC
In recent news, Ripple has scored another victory in the long lawsuit against the U.S. SEC. This latest victory has increased Ripple and XRP winning streak to three. According to a recent court filing, the U.S. SEC has dropped its charges against Ripple executives.
The regulator had earlier accused Ripple’s Executive Chairman, Chris Larsen, and CEO, Brad Garlinghouse of selling securities in 2020 Consequently, the case’s dismissal means that the trial scheduled for April 2024 is also canceled. This marks yet another legal victory for Ripple’s lawsuit with the SEC after the one in July.
The XRP price has reacted positively to the news surging 2.71% to $0.537604 on October 23th. According to the famous analyst, EGRAG, the price of XRP coin is set to rise 2,829% in the coming months. This will take the token to reach the $15 mark.
Everlodge (ELDG) Takes Real Estate Investment a Step Further
Global tourism has been growing lately, creating a high demand for hotels or villas for visitors and tourists. As per a recent research report, the world has over 17.5 million guest rooms worldwide. Additionally, there are over 700,000 hotels across the globe.
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Join the presale: https://t.co/kIufYkD05d#Presale pic.twitter.com/9yzt5hZhul— Everlodge (@EverlodgeHQ) September 26, 2023
Unfortunately, there are only a handful of wealthy investors who partake in the industry. Thankfully, Everlodge is here to assist individuals by helping them invest in valuable properties. The platform will digitize real estate as NFTs that investors can purchase for as little as $100.
One unique thing is that these NFTs gain value as the properties appreciate, unlike regular NFTs. In addition, you can even trade or use them as collateral for loans on Everlodge’s lending protocol.
Meanwhile, Everlodge is in the sixth phase of its token presale. So far, the value of its token, ELDG, has increased 130%, going from $0.01 to $0.23 in just two months. Interestingly, experts have forecasted more bullish gains for Everlodge’s ELDG toke. They have predicted a 10x increase by the end of 2023.
Find out more about the Everlodge (ELDG) Presale:
Website: https://www.everlodge.io/
Telegram: https://t.me/everlodge
Source: https://www.analyticsinsight.net/experts-bullish-on-dogecoin-xrp-and-everlodge-to-top-the-crypto-charts-in-2023/