As Everlodge designs real estate with tokens, Polygon, the token’s price prediction
RNDR is up 57% in the last month. Polygon ( MATIC ) rose 21%, marking a run for new yearly highs. Everlodge leverages real estate through fractional ownership, NFTs and the volatile LDG token through pre-sales.
Render Token (RNDR) and Polygon (MATIC) are making significant price movements. As RNDR experiences significant increases and hints of potential highs, MATIC sees a seismic shift aiming for new annual records.
Meanwhile, Everlodge is disrupting the real estate sector with tokenization and revolutionary pre-sales. Let's examine the technical aspects of these developments by examining price movements, forecasts and Everlodge's innovative approach.
RNDR permanent exit
Render Token (RNDR) has been consistently topping the crypto charts, showing resilience amid market volatility. Over the past week, RNDR has seen a consistent rise, adding more than 16 percent to its portfolio. This trend becomes even more significant when we look at the total gain of over 57% in the last month.
RNDR experienced a brief consolidation phase trading between $1.844 and $2.189. But the bulls gained strength, breaking the price from this range. Although a short-term rally was rejected at $2.542, RNDR remained stable, trading between $2.189 as support and $2.542 as resistance for three weeks.
Render Token (RNDR) price prediction
RNDR has traded in a rising channel pattern since mid-September, showing strong bullish sentiment.
RNDR price chart
Technical indicators, such as dynamic support at the 50-day EMA, suggest the possibility of a major price action in the near term.
With the Relative Strength Index (RSI) staying above the midpoint and consolidating at the moving average, indicators point to continued value appreciation. If the bulls continue their momentum, RNDR plans to reclaim its high of $8.76 in the first quarter of 2024 and could test $6 by December 31, 2023.
MATIC PRICE: Bulls will charge a new high price
Polygon (MATIC) is on a roll, up more than 21% in early trading hours. The protocol's bulls are pushing hard for a new annual high, indicating that they are ready to break through the crucial $0.9 price level. The recent increase was supported by a 179% jump in transaction volume in the last 24 hours, reaching $2,145,624,558.
Multilateral Value Forecasting: Analyst Insights
Senior market analyst Ali Martinez suggests that if MATIC rises above the $0.96 price point, a rally to $1.73 could be before a breather. The analyst's charts and forecasts highlight the potential for significant price movements.
#Polygon is about to emerge from a congruent triangle. A weekly candlestick closing above $0.96 could move $MATIC to $1.73. pic.twitter.com/IZQHpSuqO6
— Ali (@ali_charts) December 26, 2023
However, the exact timing of this rally is not known for sure, and investors are advised to be vigilant.
Everlodge is revolutionizing real estate investing.
Everlodge is making headlines for its innovative approach to real estate investing. The platform combines fractional vacation home ownership with TimeShare and NFT technology, introducing a groundbreaking property marketplace on the blockchain.
Currently in the beta stage of pre-sales, Everlodge is poised to redefine how consumers collaborate and invest in hotels, vacation homes and luxury villas.
Everlodge Token (ELDG)
The LDG token is the centerpiece of the Everlodge ecosystem, which provides various benefits to owners. These include discounts on property purchases, amenities within the Everlodge arena, and rewards similar to timeshares such as a free night's stay.
Staking ELDG tokens provide users with fixed monthly interest, creating avenues for income.
Everlodge's ELDG token runs on the Ethereum chain, with an initial price of $0.01 and a total fixed supply of 800,000,000. Specifically, the project implements a flexible pricing model, expecting a 280% price increase in the pre-sale phase and a 30x lineup on launch day. The team has taken steps like locking team tokens for 2 years and 8 year liquidity pool lock to ensure transparency and prevent carpet dragging.
Summary
In a crypto landscape characterized by innovation and volatility, RNDR and MATIC price movements indicate potential changes in the market. Meanwhile, Everlodge's disruptive model in real estate adds a new dimension to blockchain applications.
As these cryptocurrencies chart their course, the above market predictions and analysis can help crypto investors and enthusiasts identify investment opportunities heading into 2024.
