Analyst Predicts Bitcoin to Reach $50,000, While Cardano and Everlodge Bullish Strike to Continue
Analyst Crypto Capital Venture is bullish on the future of Cardano (ADA) and explained how the price has barely reacted to major legal actions from the SEC.
Titan of Crypto, a notable social media trader, also noted that Bitcoin (BTC) could reach a significant milestone before its next halving.
On the other hand, Everlodge (ELDG) also carries some appeal, as it aims to democratize the $280 trillion real estate market and make it accessible.
Summary
- Cardano can rise as high as $0.75, according to Crypto Capital Venture
- Bitcoin to rise to $50,000 according to Titan of Crypto projection
- Everlodge is promised to launch on Tier-1 CEXs
Cardano (ADA) and its Future Price Potential
Analyst Crypto Capital Venture posted a video on YouTube going over how the price of Cardano (ADA) could soon see a spike. The SEC recently took major legal action against leading crypto exchanges such as Binance and Kraken, and Cardano is not yet affected by this news.
The analyst projects that the resilience of Cardano in the face of this bearish news showcases just how bullish its positioning is currently. He points to a bullish rising channel on the weekly chart with a Cardano price target at $0.75 if broken on the upside.
Bitcoin (BTC) to Reach the $50,000 Target?
Bitcoin (BTC) can also see a major price upswing and will reach a pre-halving price target of $50,000, according to a major crypto analyst. According to Titan of Crypto, a notable trader on social media, the crypto needs to soon pass the $39,000 mark before it can reach this point.
During the past week, BTC climbed from $35,841.31 to a high point of $37,642.77 and is now in the green zone. The market cap for Bitcoin was at $730,131,540,891, and on-chart details indicate that the prediction might soon become a reality.
Everlodge (ELDG) Will Make Real Estate Ownership Simple
Aside from Cardano and Bitcoin, another crypto that’s getting attention is Everlodge. This upcoming project promises to democratize the real estate market and make it accessible by allowing investments in it from $100, removing the major barrier of entry it initially had.
Through traditional means, getting a property would cost millions of dollars in upfront capital. However, Everlodge will mint a $8,000,000 property as an NFT and then fractionalize it. By doing so, it will split it across 80,000 pieces in total, worth $100 each. As a result, anyone can get access to the market no matter their current financial status.
All of the property NFTs maintain the benefits of owning a property, as they can grow in value in parallel with real-world property and can supply passive income streams if they are rental properties. During stage seven of the presale, the ELDG crypto trades at $0.025.
Holding the token grants users access to giveaways during holidays and property raffles, and it can be staked.
For more information about Everlodge (ELDG), please visit their website.
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