Ethereum (ETH) has hit an 18-month high with its value, and this recent price movement suggests that bulls could lead the rally in the short run while the crypto could swing much higher during 2024. The price breakout above the $2,000 hurdle gained the attention of whales, triggering this rally.
It’s worth noting that ETH is currently in a correction, but many analysts seem to be of the opinion that it’s a healthy one.
Everlodge (ELDG) also showcased a similar pattern, as it saw a significant upswing in value since the start of its presale. With the introduction of blockchain and AI-driven elements into the $280 trillion real estate market, it’s becoming an interesting project to watch.vsichkite
Ethereum (ETH) Broke Past $2,000 in the Past Month – Can It Reach $4,000?
Ethereum (ETH) saw a breakout above the $2,000 range during the past month and, since then, has been heading rapidly in an upward direction. It gained the attention of investors, which was triggered by its rally, and the price continued the momentum supported by a decent buying volume.
The EMAs for Ethereum showcased a golden crossover that boosted the confidence of long-term investors. It also showcases that the price is in a strong uptrend as bulls continue their dominance. The price of the Ethereum crypto is now in the grip of bulls and is trading near the 18-month high. The majority of the games occurred within the past month, and as a result, it’s clear that bulls are active on the market.
Pseudonymously analyst known as Bluntz told his over 230,000 followers on X (Twitter) that the ETH crypto officially entered a bull territory after leaving the multi-month accumulation range.
According to the analyst, the crypto will leave behind traders who are fixated on ETH’s gains against BTC. In the past week, the ETH crypto moved between $2,079.53 and $2,380.99.
At the time of this writing, the price has corrected to $2,250 – a 4% retrace in the past 24 hours, following the broader crypto market.
Everlodge (ELDG) Introduces AI-Driven Tools to the Real Estate Market
Everlodge (ELDG) is a real estate marketplace that will introduce AI technology to the $280 trillion real estate market. The platform will enable anyone to get into real estate investing without needing to have millions of dollars in upfront capital.
It aims to solve issues such as transparency, liquidity, and lack of accessibility. On top of the platform, properties will get minted into NFTs, each worth $100. These retain the benefits found in property ownership, such as value appreciation and passive income through rentals.
The ecosystem will feature a Property Launchpad, where builders can get support from the community and those who jump into properties early and get the most gains as a result. There will be a dedicated AI tool that will monitor and scan global property prices in all territories. It will then give an up-to-date snapshot of a specific region at that point in time. As a result, it is used as a predictor for undervalued markets.
Everlodge also saw a significant level of attention. During Stage 7 of the presale, the ELDG token is offered at $0.025.
For more information about Everlodge (ELDG), please visit their website.
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