Bollinger Bands Predicts Litecoin Future – Solana and Everlodge Next Price Target Set

December 6, 2023 Blockgates Defi News Comments Off on Bollinger Bands Predicts Litecoin Future – Solana and Everlodge Next Price Target Set

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Analysts are bullish on the Solana (SOL) future, projecting that the network’s strengths are in its fast speed and low fees. Its price performance has also been bullish on the charts and could soon reach new heights based on an in-depth analysis. 

Litecoin (LTC) is another top crypto on the market, as it recently achieved a remarkable milestone. BitInfoCharts recorded that the network processed over one million daily transactions, marking a new peak. Everlodge (ELDG) also picked up significant steam, as it can disrupt and introduce AI technology into the $280 trillion real estate market. 

Litecoin (LTC) to Underperform Based on John Bollinger Data

Litecoin (LTC) recently reached a major milestone, where BitInfoCharts data recorded that it processed over one million transactions daily. The daily transaction count has since dropped. The event provided a hint at the future potential for the cryptocurrency. 

The Litecoin crypto is underperforming, according to data from John Bollinger, a legendary analyst. In the technical analysis, the analyst reviewed the 2-bar reversal, a pattern that indicates a possible change in the trend. 

Based on this research, the Litecoin crypto showcased this pattern at the lower end of the Bollinger Bands, a technical indicator developed by the analyst. Yet, according to the most recent Litecoin price prediction, it can end the year at $78.98.

Solana (SOL) Sees a Spike in Trading Volume – Is $6 Possible?

Solana (SOL) was featured on an episode of the Bankless podcast last month, where David Hoffman and Ryan Adams discussed the network’s attributes. Specific attention was given to its low fees and quick speed, and a comparison was conducted with Ethereum. 

They then referenced Chris Burniske, the former head of crypto research at ARK Invest, who shared a price chart of the SOL/ETH trading pair showing the SOL crypto’s strength in September. This sparked interest in crypto for the entire month. The SOL trading volume also exceeded $6 billion, and crypto analyst Altcoin Sherpa recently noted how its future is bullish. According to the Solana price prediction, it can end the year at $75.

Everlodge (ELDG) to Feature an Advanced AI-Prediction System

Litecoin reached a major milestone, and Solana is seen as a dominant force in the industry. Yet both of these projects can be outpaced by Everlodge, a real estate marketplace that will introduce AI-driven prediction technology to the industry. 

Everlodge is an upcoming real estate marketplace that will provide anyone access to cryptocurrency trading starting with as little as $100. Traditionally, this 280 trillion dollar industry was locked only to the elite, as most properties would cost millions of dollars in upfront capital. 

Yet, the Everlodge platform will mint properties as NFTs and then fractionalize them into smaller pieces, making them accessible globally. Anyone can also diversify their holdings and even get passive income from rental properties, and the NFTs will grow parallel to the real-world asset’s value appreciation.

The platform will feature an AI tool that can predict future locations where real estate properties can experience a price increase. 

This can provide ecosystem participants access to snapshots with a time-frame to guide them into getting into undervalued markets for high ROI. During the Stage 7 presale, ELDG is offered at just $0.025, but at launch can spike up to 2,500%.

For more information, please visit the Everlodge website.