Analysts bullish on Polygon, traders exploring PEPE and Everlodge
Polygon (MATIC) is trending higher, looking at price action. Meanwhile, traders have their attention on PepeCoin (PEPE) and Everlodge (ELDG), indicating a potential shift in market dynamics.
Polygon is bullish
According to one analyst, there is a potential head-and-shoulders pattern in the MATIC’s 4-hour chart.
If there is a breakout below $0.79, prices may retest $0.67.
On the other hand, any upswing above the right shoulder at $0.86 may trigger more demand.
MATIC remains mostly bullish. Prices rose from $0.61 on Oct. 22 to $0.76 on Nov. 22.
Analysts forecast the coin to reach $0.86 by December 2023.Â
PEPE making moves
The PepeCoin team recently moved 418 billion PEPE to Binance Earn to reward Binance users.
PEPE remains in an uptrend, trading above the 21-day EMA.
From Oct. 22, PEPE has risen from $0.00000074 to $0.0000010.
Market analysts forecast the token to retest $0.000001 by the end of 2023.
Everlodge (ELDG): May Possibly Outshine Polygon and Pepe
Everlodge aims to be a leader in the real estate market.
In stage 7 of the ongoing presale, investors appear keen on buying ELDG.
The platform’s marketplace allows clients to own fractions of luxury properties as non-fungible tokens (NFTs).
The possibility of fractional real estate ownership is made feasible through blockchain technology.
Everlodge takes it further by providing traders with a secondary market for NFTs. As such, traders can sell their fractionalized NFTs and even realize profits.
ELDG primes the Everlodge ecosystem. In the present presale stage, it is available for $0.025.
Analysts are bullish, expecting the token to reach $0.038 by the end of the presale.
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