Analyst Makes a Bitcoin (BTC) Price Prediction Pre-Halving Event: Can Tron (TRX) and Everlodge (ELDG) Keep Pace?
–News Direct–
As the highly anticipated Bitcoin (BTC) halving event draws near, analysts predict where its price might sit before this significant milestone. Amidst this thrilling anticipation, the eyes of the crypto world are not solely fixated on this crypto king; altcoins like Tron (TRX) and Everlodge (ELDG) are also in the spotlight.
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Bitcoin (BTC): The Race to $50,000
The renowned crypto analyst Captain Faibik recently made a bullish Bitcoin (BTC) price prediction. If Bitcoin maintains stability within the 34-38,000 range for the next two months, the price surge could witness BTC soaring to an impressive $50,000 by late March. This projection provides a potential roadmap for Bitcoin's trajectory after the significant halving event.
Regarding Bitcoin price performance, the token value has increased from $35,322 on November 14th to $36,324 on November 16th. Additionally, Bitcoin has experienced a reasonable 60% green days and modest price volatility of around 7.97% over the last 30 days alone.
The market awaits if Captain Faibik's Bitcoin price prediction will steer it to new heights in the coming months.
Tron (TRX): Exhibiting Bullish Momentum
Meanwhile, Tron (TRX) has recently emerged with notable vigor, showcasing substantial growth within its DeFi sector. Notably, Tron announced that its DeFi space TVL has surged impressively, marking a milestone at $19.8B. This surge shows Tron's growing ecosystem and its escalating utilization among users.
The Tron price has also reflected this growth, rising from $0.09 on November 9th to $0.10 on November 16th. Moreover, Tron has been trading consistently above its 100 and 200-day EMAs, a good indicator signaling sustained positive market sentiment.
As a result, analysts have made a bullish Tron price prediction. They project its price to hit $0.11 by December 2023. The platform's steady expansion and robust DeFi participation position TRX favorably for an upward trajectory before the Bitcoin halving event.
Everlodge (ELDG): Presale Advances at Lightning Speed
Amidst the hype surrounding Bitcoin and Tron's DeFi growth, Everlodge (ELDG) is also making its mark. This rising presale star has already reached Stage 7 of its presale, providing early buyers with an astonishing 150% return. Traders are displaying a great deal of confidence in Everlodge's growth as millions of ELDG native tokens have been sold already.
Essentially, Everlodge aims to revolutionize the $280T real estate market by eliminating all issues plaguing it. For example, if you are a trader with a small capital, high-end properties may not be available in traditional marketplaces. Everlodge will change this by digitizing and minting villas or vacation homes into NFTs and then fractionalizing them.
This feature will give you an excellent opportunity to become a fractional owner of a mountain cabin or a beachfront villa for prices as low as $100. Another exciting aspect of Everlodge is that anyone can trade their NFTs on secondary markets – adding to its liquidity. This is vital for all those who desire the flexibility to enter or exit quickly.
All these features are driven by ELDG, which is now worth only $0.025. Unlike Bitcoin and Tron, it has a low market cap. Meaning that ELDG needs fewer new funds for its price to grow. Therefore, experts foresee a rise to $0.038 before its presale ends. By joining this presale right now, you will also be eligible for a Maldives holiday giveaway – a once-in-a-lifetime opportunity.
Find out more about the Everlodge (ELDG) Presale
Website: https://www.everlodge.io/
Telegram: https://t.me/everlodge
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View source version on newsdirect.com: https://newsdirect.com/news/analyst-makes-a-bitcoin-btc-price-prediction-pre-halving-event-can-tron-trx-and-everlodge-eldg-keep-pace-283484557
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COMTEX_443759433/2655/2023-11-20T08:14:38
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No News Postbox journalist was involved in the writing and production of this article.
