Dogecoin and XRP indicators point to further losses, Everlodge price rises 80%
While much of the cryptocurrency market has recovered from the bearish trend, the prices of Dogecoin (DOGE) and Ripple (XRP) continue to fall. Currently, investors are turning to another project called Everlodge (ELDG), which is in the second phase of pre-sales. Everlodge’s presale has gained huge traction within the cryptocurrency community, with over 500,000 tokens sold on the platform.
overview:
- Dogecoin indicators suggest further price declines.
- Analysts predict that XRP will reach $500.
- Investors are flocking to Everloge.
Join the Everlodge pre-sale and win a luxury holiday to the Maldives
Will the FTX sell-off affect Dogecoin (DOGE) price?
Insolvent cryptocurrency exchange FTX is seeking court approval to sell $340 million worth of cryptocurrencies. As of March 17, FTX held assets such as Dogecoin (DOGE) worth $42 million. The question now is whether the sell-off will affect the price of Dogecoin.
As the cryptocurrency market recovers, the price of Dogecoin has risen to the level of $0.061009. Additionally, Dogecoin’s daily RSI is bearish. The indicator is below 50 and falling, both signs of a bearish trend.
If Dogecoin’s price collapses after the sell-off, the coin could drop 12% to $0.053. Conversely, if market action regains momentum, memecoin may rise towards the $0.070 resistance.
XRP (XRP): Analysts Bullish on XRP Hitting $500
In a tweet posted on November 500, Shannon Thorp, business development manager at major US bank Wells Fargo, offered an optimistic outlook for XRP. In her post, the Wells Fargo manager predicted that the XRP price could surge to $300.
Despite the ongoing Ripple lawsuit, Thorpe’s prediction is based on a recent report. The report states that the total value of cross-border payments will reach $250 trillion by 2027. Regardless of how bullish the predictions are, the XRP chart remains bearish.
Unlike the rest of the cryptocurrency market, the price of XRP continued to decline, falling to $0.472330 on March 12th. Although the XRP coin is bearish, the growth of the network may lead to an increase in the price of the altcoin.
Investors Excited About Everlodge (ELDG) Real Estate Opportunities
Compared to Dogecoin and XRP, the price of Everlodge will increase to $0.019 in the coming days. Everlodge has sold approximately 40,000,000 of the 34,082,619 tokens in the second phase of the pre-sale. Everlodge is poised to revolutionize the real estate industry.
It will leverage a decentralized and transparent real estate ownership and investment market to address the challenges of real estate investment. One of the most important issues in real estate is accessibility. Traditional real estate investing often requires large amounts of capital, excluding many potential investors.
This new concept will solve this obstacle by digitizing and minting high-end properties such as villas into NFTs and then subdividing them. This innovative approach allows individuals, regardless of their financial situation, to participate in real estate investing.
It is worth noting that the platform’s smart contracts have been strictly audited by BlockAudit and InterFi Network to ensure the safety of investors. at present, ELDG Priced at $0.016, new buyers receive a 25% bonus. Although still in the pre-sale stage, Everlodge has shown the potential for explosive price growth as it progresses.
Learn more about the Everlodge (ELDG) presale:
website: https://www.everlodge.io/
telegraph: https://t.me/everlodge
Source: https://www.analyticsinsight.net/everlodges-presale-gains-traction-dogecoin-and-xrp-price-plunges/
#Everlodges #presale #gains #traction #Dogecoin #XRP #prices #plummet