While Bitcoin is in a possible downtrend towards the $20,000 support, Ethereum is reaching a “death cross” on the weekly chart. Everlodge enables investors around the world to co-own a piece of their dream vacation home. Read below.
Join the Everlodge presale and win a luxury vacation to the Maldives
Bitcoin Draws a Decline Chart
Bitcoin is the undisputed king of cryptocurrencies and the only true store of value, but despite promising developments, Bitcoin is struggling to maintain support at $26,000. Bearish pressure is weighing on Bitcoin price, and traders are cautious and think a move towards the $20,000 support is possible.
Bitcoin’s future trajectory depends on catalysts and, for now, mainly the SEC’s decision on the Bitcoin ETF proposal. Until this situation is resolved, Bitcoin owners should consider alternative assets. Some may be turning to the ongoing Everlodge presale to secure the last remaining ELDG tokens.
Ethereum’s “Death Cross” on the Weekly Chart
DeFi king Ethereum is undoubtedly a cryptocurrency heavyweight and has earned a reputation as the most reliable and versatile network for smart contracts and dApps framework.
Following a rally in April, Ethereum’s valuation has fallen over 25% to date and is hovering around the $1.5k support levels. Looking at the daily chart, there is a breakout from the uptrend line, and also notably, there is a “death cross” on the weekly chart, indicating an impending downtrend.
Still, Ethereum enjoys heavy institutional support and is still the second largest blockchain in the market, with an impressive TVL of $30 billion.
With Ethereum not showing much volatility at the moment, investors are exploring other options as the market consolidates. The Everlodge presale offers an alternative investment with a low market cap and plenty of room for growth.
Everlodge Offers Fragmented Properties
Everlodge’s innovative approach and promising potential attracts attention in the market. Everlodge is luxury condominium shared ownership made possible by blockchain technology.
By turning luxury real estate into fractionalized NFTs, everyone has the opportunity to invest in high-end properties starting from as low as $250. Industry experts and analysts in the real estate industry are monitoring Everlodge’s pre-sale and the unique model designed to meet the needs of both ends of the market. Vacation property owners and investors alike can benefit from this.
ELDG is the native token of the ecosystem and the smart contract is fully audited. The Everlodge token offers staking incentives and other benefits to its holders and provides the opportunity for passive income. Additionally, investors can benefit from the price increase of the token and the increase in property value. In total, Everlodge offers outstanding features to generate significant returns. Experts predict that the ELDG token will rise up to 30x upon launch.
Learn more about the Everlodge (ELDG) Presale
Website: https://www.everlodge.io/
Telegram: https://t.me/everlodge
Disclaimer: This content is a sponsored article. Bitcoinsistemi.com is not responsible for any damage or negativities that may arise from the information above or any product or service mentioned in the article. Bitcoinsistemi.com recommends readers to do individual research about the company mentioned in the article and reminds that all responsibility lies with the individual.
For exclusive news, analysis and on-chain data Telegram our group, twitter our account and YouTube Follow our channel now! Moreover Android And iOS Start live price monitoring now by downloading our applications!