In the crypto market where tides keep changing, Cosmos (ATOM) faces a crossroads as the price continues on a downtrend while Axie Infinity (AXS) seeks to rally above $5. Meanwhile, Everlodge (ELDG) is looking to introduce a marketplace to disrupt real estate with accessible investments.
Summary:
- Cosmos (ATOM) experienced a consistent decline in its price dropping below the crucial support at $7.00
- Axis Infinity Aims to Break Free: Can it Soar Beyond $5 and Reach $7.73 in 2023?
- Everlodge’s value could reach $0.5 by the end of 2023 according to experts
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Cosmos (ATON) Faces Crucial Crossroads
With its ground-breaking Inter-Blockchain Communication (IBC) protocol, the Cosmos crypto has become popular for being a platform with the potential to revolutionize the blockchain sector by allowing different blockchains to communicate with one another.
However, the Cosmos coin, ATOM has experienced a consistent decline in its price, breaking through multiple support levels in recent months. It dropped below the crucial support at $7.00, signifying a sustained downward trend. Currently, the ATOM price is hovering at approximately $6.86.
Cosmos bulls must break above the $8.00 barrier for Cosmos to rise in the coming weeks, while bearish forces aim to push it below $6.00. If this barrier is breached, Coincodex estimates that Cosmos’ price will fall by 3.28% to $6.63, worsening the outlook of the altcoin.
Axie Infinity (AXS) Aims To Break Free of Bearish Pressure
Axie Infinity (AXS) is a blockchain-based gaming platform that combines gaming and the play-to-earn model with significant ecosystem potential. However for the Axie Infinity token to thrive and gain more value, it should surpass the $5 price range, warding off bearish pressure.
Investors in the Axie Infinity marketplace anticipate its long-term value growth. Recent large buyers, known as whales, who acquired 1.28 million AXS tokens are expected to boost its value.
However, for the Axie Infinity price to reach new highs, it must surpass the $5 resistance level. Analysts are optimistic, predicting the price of AXS could reach $7.73 by the end of 2023.
Everlodge (ELDG) Soars Paving in Presale, Attracting Investors
Everlodge, a newcomer in the crypto world, is set to become a major disruptor in real estate. Their innovative approach aims to make it possible for anyone to own a share of multi-million-dollar real estate properties.
The recent success of Everlodge can be attributed to its low entrance requirements, which allow investors to start with as little as $100 rather than $1 million or more. Additionally, it provides greater transparency because each NFT’s metadata has a record of all deeds and ownership information.
Developers can display their projects on the specific Launchpad, which has a significant return on investment. The advantages of fractional ownership include value growth and rental income. Everlodge token holders also qualify for holiday giveaways, property raffles, and experiences.
In addition, they can stake their tokens to receive a fixed monthly interest for passive income and an extra interest bonus when providing liquidity to developers. Predictions suggest Everlodge’s value could reach $0.5 by the end of 2023. Currently, in the 2nd stage, the price is $0.016 per token.
Find out more about the Everlodge (ELDG) Presale:
Website: https://www.everlodge.io/
Telegram: https://t.me/everlodge