As Litecoin (LTC) is battling key support levels, analysts are projecting that it could soon see a major upswing. Ripple (XRP) has experienced a price correction, which resulted in the fall into the red zone.
As a result, many have begun to diversify their holdings with the Everlodge (ELDG) crypto, as it has seen massive momentum with its presale. Today, we will go over all three cryptocurrencies to see which DeFi project can climb the most.
Litecoin (LTC) Dips – Analyst Projects a Value of $100 in 2024
Litecoin (LTC) recently fell in value since deviating above an important short-term resistance level. The weekly time frame gives undermined readings, failing to predict the future trend direction for the Litecoin crypto.
Cryptocurrency traders and analysts on X are bullish for the future LTC trend. Specifically, XeroCrypto projected how the Grayscale Litecoin trust is front-running the altcoin, and suggested that it could reach over $100 per coin. According to the on-chart metrics, Litecoin traded between $68.35 and $73.89 during the past week. The Litecoin price prediction suggests that it can reach $104.47 by 2024.
Ripple (XRP) Experiences Price Correction – Value to Reach $0.6861 by End of Year
Ripple (XRP) recently saw a price correction and fell to the 50-day EMA after facing rejection at the $0.7 level. If bears succeed, this Ripple performance could trigger a negative sentiment that could result in even further downward momentum.
During the past week the Ripple crypto moved up from $0.588979 to a maximum value of $0.640027. Its year-to-date (YTD) value saw a 67% increase, but during the past two weeks, it decreased 10%. According to the Ripple price prediction it can reach $0.6861 by the end of 2023.
Everlodge (ELDG) to Lead the Future of Real Estate Investments
Everlodge (ELDG) is an upcoming DeFi project and real estate marketplace that will introduce blockchain technology and AI-driven tools to enhance how users interact with the space. Traditionally, getting access to this industry was difficult as most properties required millions in upfront capital. However, Everlodge will change this by making them accessible for as little as $100.
The platform will mint each property as an NFT, then fractionalize it into smaller pieces worth just $100 each. To make this possible, a $4,000,000 property would get fractionalized into 40,000 individual pieces, and traders can choose to invest in a single property or diversify their holdings in multiple properties.
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An AI-driven tool will also be introduced that will monitor and scan global property prices in all territories. This will give them up-to-date snapshots of a specific region in a specific time frame. As a result, its used as a predictor for undervalued markets. The project has gained significant attention with its crypto ICO and can reach new heights.
Summary
As Litecoin is heading upwards, and Ripple’s future price performance is uncertain, analysts are projecting growth for the Everlodge crypto. During its crypto ICO, it has reached Stage 8. Here, ELDG is offered at $0.027, but analysts project a 50x upswing at launch.
