Crypto analyst predicts Cardano (ADA) will fall by 12% if a sell signal in the daily chart is validated. On the other hand, Ethereum (ETH) is firm, attracting investors. Meanwhile, Everlodge (ELDG), currently in stage 6 of the presale, aims to reshape the $280 trillion real estate industry.
- Ethereum may rally above $2,300
- Cardano may close 2023 at over $0.37
- Everlodge supporters remain bullish
Cardano firm but may retrace
Cardano is the eighth-largest coin by market cap.
However, a crypto analyst foresees the coin falling by 12% after the TD sequential technical analysis indicator printed a sell signal in the daily chart. If bears take over, ADA may fall to $0.30.
Cardano’s trading volume is down by 21%.
ADA prices fluctuated between $0.285696 and $0.372508 in the last week. Despite the bearish outlook, some analysts predict ADA to close above $0.37 in 2023.
Ethereum can soar above $2,300
Ethereum remains in an uptrend.
Last week, ETH prices rallied from $1,785.51 to $1,912.62.
Over the year, the coin is up 26.4% as its market cap is over $226 billion.
Although the upside momentum is slowing down, analysts expect the coin to break above $2,300.
Everlodge plans to launch a marketplace to make it easier for anyone to enter the $280 trillion real estate market.
Traditionally, real estate investments require large upfront capital, limiting access.
However, Everlodge will change this paradigm by offering fractionalized non-fungible tokens (NFTs) representing properties. Accordingly, an expensive villa, for instance, can be broken down into tokens, making it affordable for more people to invest.
Investors can also earn passive income by buying a share in rental properties. Additionally, ELDG can be staked for rewards.
The token is available for $0.023 in stage 6 of the presale, with analysts remaining bullish.
Find out more about the Everlodge (ELDG) Presale
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