The crypto market has been in decline during the past month, with many altcoins losing value. Chainlink (LINK) and Hedera (HBAR) are two cryptocurrencies that took massive hits. Nonetheless, analysts project that they can recover in September and that by the end of 2023. A new pattern will emerge in the broader market. A lot of attention is being given to Everlodge, an upcoming project which is projected to spike 30x.
Summary
- Chainlink to reach $9.12 by the end of 2023
- Hedera can spike to $0.065 before the year ends
- Everlodge to surge 30x at launch
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What you'll learn 👉
Chainlink (LINK) Future Price
The Chainlink (LINK) crypto price has been trading within the $5 to $9 range since June 2022. The token has lost a lot of its value throughout August, with a dip of 21%. However, in June of 2023, the Chainlink crypto team announced a partnership with Swift. They would connect and transfer tokenized value across numerous blockchains.
Despite the successful experiment of using Chainlink’s Cross-Chain interoperability protocol (CCIP), the value of the altcoin did not see a major spike.
Moreover, the Chainlink price on-chart data suggests that it’s bearish and is making its way to retest the $5.5 zone for support. Despite all of this, analysts are bullish on its future and project that, according to the Chainlink price prediction, it can reach $9.12 by the end of the year.
Hedera (HBAR) to Jump in Value
Many are now trying to speculate if it’s possible for Hedera (HBAR) to break past the $0.05 support level. Sellers have begun short-selling the crypto on a higher timeframe, where it faced a price rejection from the weekly bearish order block near $0.065.
This means that further declines in the Hedera price are likely in the near future. However, Hedera sellers might be tempted to gain some ground, as the $0.05 crucial support level could get beaten.
They could be encouraged to seek more profit and could drive the value of the crypto to the overhead resistance at $0.06. The RSI and CMF registered negative readings for Hedera, underscoring increased selling pressure and subdued capital inflows. Despite all of this, based on the Hedera price prediction, it can surge to $0.065 by the end of the year.
Investors Diversify with Everlodge (ELDG) for Massive 30x Gains
While the future of both of the above-mentioned projects is unclear, many investors have already begun to diversify with Everlodge.
This upcoming marketplace deals in real estate properties and introduces a disruptive strategy that can change the way people perceive these types of investments. In other words, Everlodge constructs a property market where customers can turn to fractional ownership of homes and luxurious properties like villas.
Each property is digitized and then minted as an NFT. These then get fractionalized. Due to this, customers from any budget range can fractional gain ownership of a property worth $3,500,000 or above starting at just $100. In addition, because the property appreciates in value, so will the NFT. These NFTs can even be used as collateral to get loans on top of the platform.
ELDG powers the ecosystem. Holders can stake it to get passive income, and it’s also used for governance. During the presale stage, it’s trading at just $0.016, but analysts project a climb of 30x at launch.
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