Along with the crypto market, Binance Coin (BNB) has been in consolidation for a couple of months. With trends changing in the market, crypto analysts have given their predictions for BNB. Meanwhile, rumours of an XRP IPO have been increasing. Also, there has been an increase in interest in Everlodge.
Join the Everlodge presale and win a luxury holiday to the Maldives
Binance Coin (BNB) Price Prediction
Over the last two months, the price of Binance Coin (BNB) has been hovering around the $200 and $230 range. Recently, the BNB coin price has remained around the $220 level, mirroring the uptrend in the crypto market.
Technical analysis shows that bears are more powerful than bulls. However, the price of Binance Coin has set a local support level of $209. With the Binance Coin price at $221, there is a slim chance of the BNB token dropping further.
With Binance Coin launching the mainnet of Greenfield, there is a chance of an uptrend for BNB. Using Greenfield, both Web3 users and developers can get true data ownership. For a rally, the price of Binance Coin would need to break above the $230 resistance before looking above $250.
Ripple IPO Rumor Soars, Will XRP Increase?
Rumours of an Initial Public Offering (IPO) for Ripple have been rekindled after new hiring positions were revealed. The hiring positions suggest that Ripple could be planning an IPO. These speculations have been followed by predictions for XRP.
Already, there has been an increase in the number of XRP whale transactions. Recently, an XRP whale moved over 409 million XRP (worth over $200 million). In addition, there are suggestions that the Ripple Lawsuit goes in favour of the project.
Crypto analysts have predicted that the trends could spark an increase in the price of XRP coin. Although some analysts predict that the XRP price could reach a high of $3. However, some analysts predict that the Ripple IPO could push the XRP price as high as $10.
Everlodge (ELDG) To Become Next Blue Chip Project
Everlodge is a new project that has been gaining popularity over its potential to become a blue chip project. Everlodge is creating a Web 3 marketplace for investors to make fractional investments in the vacation rental industry.
The aim of the project is to reduce the complications involved with investing in real estate investment by combining blockchain, Web 3, and NFTs. The platform will issue NFTs to represent luxury real estate.
These property-backed NFTs will then be divided into smaller portions to represent portions of the property. Using this strategy, investors will be able to purchase vacation property shares for as little as $100. This new and creative platform aims to change the way people invest in holiday homes.
With its unique model, crypto analysts have predicted that Everlodge could become a blue chip project soon. Furthermore, they have predicted that its utility token, ELDG, could increase by up to 10x. For now, investors can join the presale as ELDG still trades at $0.023 per token.
Find out more about the Everlodge (ELDG) Presale:
Website: https://www.everlodge.io/
Telegram: https://t.me/everlodge
