Dogecoin and XRP Indicators Point Towards More Dip, Everlodge Price Pumps 80%
While a major part of the crypto market has recovered from the bearish trend, Dogecoin (DOGE) and XRP (XRP) continue to record price drops. Currently, investors are moving to another project called Everlodge (ELDG) which is in the second phase of its presale. Everlodge’s presale has gained huge traction in the crypto community as the platform has sold over 50 million tokens.
Summary:
- Dogecoin indicators are pointing towards more price drops.
- Analysts forecast XRP to reach $500.
- Investors are flocking to Everlodge.
Join the Everlodge presale and win a luxury holiday to the Maldives
Will FTX Sell-Off Affect the Dogecoin (DOGE) Price?
FTX, the insolvent cryptocurrency exchange, is pursuing court approval to sell $3.4 billion worth of cryptocurrencies. As of January 17th, FTX held $42 million in Dogecoin (DOGE) among other assets. The question now is if the sell-off will affect the Dogecoin price.
As the crypto market recovers, the Dogecoin price has increased towards the $0.061009 level. In addition, Dogecoin’s daily RSI is bearish. The indicator is below 50 and falling, both signs of a bearish trend.
If the price of Dogecoin experiences a breakdown following the sell-off, the token could fall 12% to $0.053. Conversely, if the market movement regains momentum, the memecoin may rise to the resistance level at $0.070.
XRP (XRP): Analyst Bullish On XRP To Reach $500
In a tweet posted on September 11th, Shannon Thorp, a Business Development Manager at the American megabank Wells Fargo, presented an optimistic outlook for XRP. In her post, the Wells Fargo manager anticipates that the XRP price could potentially soar to $500.
Despite the ongoing Ripple lawsuit, Thorp based her prediction on a recent report. The report noted that the total value of cross-border payments will be worth $250 trillion by 2027. Regardless of the bullish prediction, the XRP chart remains bearish.
Unlike the rest of the crypto market, the price of XRP continues to decline, reaching as low as $0.472330 on September 12. Although the XRP coin is bearish, the growth of the network could cause a price increase for the altcoin.
Investors Excited About Everlodge’s (ELDG) Real Estate Investment Opportunity
Compared to Dogecoin and XRP, Everlodge’s price is set to increase to $0.019 in the coming days. Everlodge has sold about 34,082,619 out of the 40,000,000 tokens meant for stage two of its presale. Everlodge is poised to revolutionize the real estate sector.
It will tackle the challenges in real estate investment using a decentralized and transparent marketplace for property ownership and investment. One of the foremost issues in the real estate domain is accessibility. Traditional property investment often demands substantial capital, thereby excluding numerous potential investors.
This new concept will address this hurdle by digitizing and minting high-end properties, such as villas, into NFTs, which are then fractionalized. This innovative approach enables individuals, regardless of their financial status, to participate in real estate investments.
Notably, the platform’s smart contracts have undergone meticulous audits by BlockAudit and InterFi Network, assuring safety for investors. Currently, the ELDG is up for sale at $0.016 with a 25% bonus for new buyers. Although still in presale, Everlodge has shown the potential for explosive price growth as it progresses.
Find out more about the Everlodge (ELDG) Presale:
Website: https://www.everlodge.io/
Telegram: https://t.me/everlodge
Source: https://www.analyticsinsight.net/everlodges-presale-gains-traction-dogecoin-and-xrp-price-plunges/