A crypto analyst, Egrag Crypto, has predicted that Ripple could see bullish gains after a consolidation judging from previous data. Conversely, AI technology has found widespread adoption across various platforms. Recent projects like Everlodge have embraced this trend to revolutionize the real estate industry.
Egrag Crypto Forecasts Ripple To $10 and Then $50 By 2024
Despite Ripple’s recent stagnation, crypto analysts like Egrag Crypto remain optimistic in their price predictions. Egrag highlighted Ripple’s performance as he noted two consecutive monthly green candles and anticipated a third one by the end of November.
According to the analyst, Ripple cryptocurrency might experience significant growth to $10 after a possible “5-month consolidation phase” by April 1st, 2024. Subsequently, if the uptrend persists, Ripple crypto could skyrocket to $50 by November 1st, 2024.
According to the analyst, historical records revealed Ripple coin experienced a 1,500% and 8000% price surge in the past after a 5-month consolidation and 12-month consolidation, respectively.
Egrag Crypto concluded by saying, “STAY STEADY, the average of these two targets is $30, and I always tell you my secret target of $27..” Amid the bullish price forecast, the price of Ripple moved from a low value of $0.596983 to a high of $0.634147 in the past week.
The token suffered some setbacks with the general crypto market with a 3.3% loss on the 7-day chart. However, Ripple XRP still has promise as it displayed a 4.7% rise on the 30-day chart.
Everlodge (ELDG) AI Integration To Transform Real Estate
Everlodge (ELDG) once incorporated AI technology into the real estate field. By utilizing AI, Everlodge enabled users to track property prices worldwide. This advanced AI tool provided real-time property value data for specific locations and times.
The tool can be used to identify undervalued markets and potential investment opportunities. For example, if you had used this AI tool two years ago, it would have accurately predicted Dubai’s growth as a real estate hub. Reports indicated that the real estate industry was valued at over $280 trillion. However, this mostly favored individuals with substantial capital.
Everlodge pledged to launch a digital marketplace, enabling a wider range of people to profit from property investments. This upcoming real estate marketplace aims to revolutionize the $280 trillion industry by improving accessibility, security, and transparency.
Through Everlodge’s unique marketplace, individuals can own fractions of real estate properties. NFTs that represent property shares can be exchanged on the platform. Subsequently, these shares can be resold easily, thereby increasing liquidity.
All essential information, including title deeds and ownership data, are stored in the NFTs smart contract. Also, co-ownership has enabled individuals to jointly possess properties, resulting in reduced expenses for everyone.
All transactions within the Everlodge ecosystem are conducted using the platform’s digital currency, ELDG, which is presently valued at $0.025. Analysts have foreseen further price increases in the upcoming weeks.
For more information about Everlodge (ELDG) please visit their website.