Chainlink, Litecoin and Everlodge to See the Most Spikes Out of Thousands of Altcoin
The following content does not constitute the opinion of BeInCrypto and should not be construed as financial advice
Analyst Rekt Capital shared input on Chainlink (LINK), going over how it needs a weekly close similar to 2021’s performance in order to rally higher. It’s currently struggling to break on top of a specific resistance zone and needs to reclaim it for further upward momentum.
Litecoin (LTC) has also been on a downward spiral in the past months, and for that reason, many have speculated that the coin can plunge further. There is also a possibility that it can grow, and this has them excited. Everlodge (ELDG) is disrupting a $280 trillion market and, as a result, has appealed to thousands of traders globally.
Chainlink (LINK)
Chainlink (LINK) saw recognition after its more recent price upswing, as it took the attention of crypto analyst Rekt Capital. According to the analyst, the Chainlink cryptocurrency needs to reach 2021 heights in order to create the next rally. It is currently struggling to break the top of a specified resistance zone, and a reclaim of this level is essential for further price upswings.
During the past week, the Chainlink price traded between $13.61 and $15.21. The crypto is up 110% in the past year.
Litecoin (LTC)
Litecoin (LTC) saw a decline recently, but the on-chart data suggests that a further upswing is a possibility. Last week, the Litecoin crypto moved up in value from $66.64 to $71.86 and, afterward, fell back down to $68.
During the past 30 days, the total price movement for Litecoin was just 0.4%. With a market cap of $5,104,012,583, it’s still the nineteenth-largest crypto.
Everlodge (ELDG)
Aside from Chainlink and Litecoin, another crypto that can spike is Everlodge. This is an upcoming platform that will completely disrupt the $4.548 trillion hospitality industry.
Traditionally, it has been out of reach for many people to invest in properties, especially, vacation rental properties, due to the high barrier of entry as they needed to put out millions of dollars in upfront capital.
With the power of blockchain, Everlodge will democratize the industry by making it available at a lower price than what it will cost the full property. To do so, Everlodge mints NTFs representing the properties and then fractionalizes them, so any investor can buy those pieces for $100. Anyone can now buy and diversify their holdings in various real estate properties.
They can also maintain the benefits of ownership, such as value appreciation and passive income. The smart contract’s metadata will store the important details such as the title deeds or ownership details, boosting transparency. During the current stage seven presale, ELDG is offered at just $0.025.
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