Three tokens, Polygon (MATIC), Cardano (ADA), and Everlodge (ELDG) have gained huge attention in the crypto space. Amid the crypto bear market, analysts have released price forecasts for them in August. Let’s look at the price analysis of these tokens and some of these predictions.
Find Out How To Buy Everlodge (ELDG)
Polygon (MATIC) Rallies To $0.7000
During Wednesday’s session, the Polygon (MATIC) token bounced back higher, moving away from a recent four-week low. On Tuesday, the token plunged to $0.6751 as selling pressure heightened. However, it increased to $0.7022 on Wednesday morning.
The move came as bulls successfully rejected a breakout below a recent price floor of $0.675. At the time of writing, Polygon has fallen below the $0.7000 zone. According to CoinMarketCap, Polygon is $0.687871 today, a -4.38% price decline in the past 7 days.
Meanwhile, crypto experts are bullish on the token. They have predicted Polygon to trade at a minimum of $0.66 and a maximum of $0.74 by August.
Cardano (ADA) Could Rally To Reach $1 in August
Cardano (ADA) has been trading within the $0.30-$0.33 range for the past couple of weeks. However, its inability to break through $0.33 is likely to be disappointing to many holders and traders. Still, signs show that Cardano could be close to witnessing a significant rally.
Cardano’s RSI has climbed from 30 to 50 in the past couple of days. This indicates an increase in positive momentum that may help to push the coin higher. Additionally, Cardano’s 30-day moving average appears to have flattened out after spending two weeks falling gradually.
These encouraging factors suggest a potential upswing in Cardano’s price in the near future. Moreover, Gov Capital has an ambitious Cardano prediction. They have predicted that the coin will rise over $1 in August.
Can Everlodge (ELDG) 100x In August?
While analysts are bullish on Polygon and Cardano, their forecasts are not certain and anything could happen. Everlodge (ELDG) is gearing up for a 100x price surge. Everlodge is poised to revolutionize the real estate industry with groundbreaking advancements.
Notably, it will become the first real estate marketplace to adopt blockchain technology and NFTs. According to its whitepaper, the platform aims to introduce fractional ownership of properties, enabling individuals to invest in real estate property.
These innovative features hold the potential to transform the way people engage with the real estate market. In addition to its current plans, Everlodge will collaborate with well-known luxury property developers and hotel chains to invest in its platform.
Meanwhile, it is worth noting that ELDG token holders will enjoy several perks, including passive income, exclusive discounts, and rewards. These initiatives demonstrate Everlodge’s commitment to providing a rewarding experience for its community. Currently, the platform is in the presale phase with each token available at only $0.01.
With such robust features and benefits, analysts anticipate a significant surge in the adoption of Everlodge’s token. They have projected a potential 100x increase in value in the coming months. This impressive growth projection reflects investors’ growing confidence in Everlodge’s potential and offering.
Find out more about the Everlodge (ELDG) Presale
Website: https://www.everlodge.io/
Telegram: https://t.me/everlodge
Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.
