Analysts have selected three tokens that investors should consider for massive gains in 2023 and they include Stellar (XLM), Axie Infinity (AXS), and Everlodge (ELDG). Let’s look at the price analysis of these tokens and their possible price trajectory.
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Stellar (XLM) Still Under Bearish Pressure
Despite the current rally of the Stellar coin, its past price patterns still indicate ongoing bearish influence. The daily chart points towards a possible downtrend for XLM in the coming days. According to data from TradingView.com, Stellar’s price suffered a huge decline between August 9-17.
However, a brief rally occurred on August 18th but the bears took over the market on August 21st. Currently, XLM is trading at $0.122658, a 4.41% price increase in the last 24 hours. Also, Stellar is trading between the 50-day ($0.136854) and 200-day SMAs ($0.103431), which are supporting the price momentum.
If the price of Stellar can maintain this level, it could soar to $0.200 and $0.250. Conversely, the Stellar price could fall to $0.0100 and $0.050 if bearish pressure sets in.
Analysts Bullish on Axie Infinity (AXS) Price Trajectory
The price of Axie Infinity has traded above the $4.50 range over the past week. The bulls have been defending the critical support level preventing bears from causing a breakthrough. As per data from CoinMarketCap, Axie Infinity is trading at $4.93 today.
This represents a 4.57% price increase in the last 24 hours and a 1.12% price increase in the past 7 days. According to DigitalCoinPrice, Axie Infinity’s price could double by year-end, reaching a trading price of $10.71. However, PricePrediction.net gave a cautious prediction, forecasting Axie Infinity to reach $6.14.
Analysts Forecast 30x Price Surge For Everlodge (ELDG)
Although Axie Infinity and Stellar are showing price gains, their price trajectory is nothing compared to that of Everlodge. Analysts have forecasted that Everlodge’s price will soar 30x in the coming months. Besides, Everlodge is tapping into the real estate market that is worth over $280 trillion.
Everlodge’s goal is to introduce fractional ownership of luxurious properties which will democratize access to the real estate market. Everlodge will digitize vacation homes, villas, and hotels into NFTs. With just $100, users can enter the realm of real estate ownership through Everlodge’s innovative ecosystem.
This will pave the way for affordable real estate participation among low-income individuals. This encompassing platform will include a marketplace, rewards club, launchpad, and lending platform. Meanwhile, members of Everlodge’s Rewards Club can enjoy complimentary stays at diverse properties and hotels.
Additionally, those possessing free nights can opt to resell them within the Everlodge marketplace. Moreover, the platform’s smart contract has been scrutinized and approved by InterFi Network and BlockAudit. Currently, the cost of the Everlodge token stands at $0.012 per token. Promisingly, analysts foresee an impressive 30x surge in its price over the forthcoming months.
Find out more about the Everlodge (ELDG) Presale:
Website: https://www.everlodge.io/
Telegram: https://t.me/everlodge