Unprecedented Moves: Bitcoin RSI Dives, Gala Games Unveils NFT Boxes, Everlodge Takes Off
In this article, we’ll be looking at the unprecedented moves happening across cryptocurrency markets, with a focus on the recent events surrounding Bitcoin (BTC), Gala Games (GALA), and Everlodge (ELDG). Notably, Everlodge is running an exciting presale event of discounted tokens, so we will start with this.
Join the Everlodge presale and win a luxury holiday to the Maldives
Everlodge (ELDG): Unearthing a $280 Trillion Opportunity
Everlodge is charting a fresh course in the colossal $280 trillion real estate arena, amalgamating blockchain technology, NFTs, and fractional ownership into a revolutionary concoction. This trailblazer aims to democratize luxurious property investments by breaking down barriers and making them accessible to all.
Visualize holding a stake in an opulent Miami villa or an exquisite hotel room overlooking the Seine in Paris, all for an investment as modest as $100. Through Everlodge’s platform, this aspiration materializes as properties are fractionally segmented into NFTs to enable affordable luxury ownership.
The heartbeat of this avant-garde platform is ELDG, the inherent utility token that unfurls a universe of potential. Whether it’s initiating fractional purchases, garnering discounts, accruing staking benefits, or unlocking free stays at world-class establishments, ELDG is your golden ticket.
The Rewards Club offers members a brush with affluence, gifting them complimentary stays across the platform’s properties. With additions like the Lending feature and the developer-centric Launchpad, Everlodge’s offerings span a broad spectrum, positioning itself as the nexus of luxury and innovation.
The current price of $0.010 per ELDG token is set to rise with each presale phase. Market analysts are buzzing with anticipation, predicting a meteoric rise to $0.50 upon launch – marking a staggering 5,000% surge in value.
Gala Games (GALA) Unveils NFT Boxes
Gala Games is taking the NFT (Non-Fungible Token) universe by storm with its freshly unveiled Gala NFT Mystery Boxes. Each mystery box is housed on GalaChain, which means users can bask in a seamless, gas-free journey when they buy, unbox, or engage with their NFTs.
By eliminating pesky gas fees, Gala Games has opened the door for many more enthusiasts to join the NFT bandwagon. This innovation is perfectly aligned with the company’s overarching vision: making blockchain technology more user-friendly and accessible to the masses.
As Gala Games continues to push the boundaries of the NFT realm, these mystery boxes serve as a testament to their commitment to innovating and enhancing the user experience in the blockchain world.
Gala Games’s price of $0.019 represents a 98% drop from the all-time high. While Gala Games hopes that the NFT boxes will push prices back up, the 20% drop seen over the last ten days paints an uncertain future for the company.
Bitcoin (BTC): RSI’s Alarming Signals and Everlodge (ELDG)’s Market-Defying Moves
Bitcoin’s price dynamics have been nothing short of tumultuous in recent times. Last week’s unexpected nosedive pushed Bitcoin below the 25K mark, only for the “death chop” pattern to emerge again at a lower level.
One of the key indicators, the relative strength index (RSI), further reinforced the pessimistic outlook. Typically, an RSI reading in the oversold region would hint at an imminent rebound. However, contrary to usual patterns, Bitcoin’s price has shown an alarming resistance to any upward momentum.
Even though the cryptocurrency hit RSI readings that harken back to some of the most notable bearish periods, including the tail end of the 2018 bear market and the COVID-19-induced crash of March 2020, the expected bullish reversal remains elusive.
While there is modest bid liquidity forming around the $20k mark, gradually creeping toward active trading zones, it’s crucial to note the absence of significant liquidity within the range. This means that there’s little to no defense against the price of establishing a new, even lower bottom.
As Bitcoin moves lower, Everlodge is ignoring the bearish dynamics by continuing to raise funds during the early presale phases. Such bullishness in the face of a bear market is unprecedented, and it will be interesting to see if the Everlodge team can continue its successful track record.
Find out more about the Everlodge (ELDG) Presale
Website: https://www.everlodge.io/
Telegram: https://t.me/everlodge
