The post Binance Coin Dipps to Annual Low While Uniswap Spot Volume Surpassed Coinbase, Analyst Project Massive Gains for Everlodge appeared first on Coinpedia Fintech News
Within the dynamic crypto space, select altcoins stand out for their growth potential and opportunity to provide passive income. Among them is Everlodge (ELDG), which is making a name for itself in the real estate space.
Moreover, Uniswap (UNI) is also making waves as it surpassed Coinbase in spot volume. On the opposite end of the spectrum, Binance Coin (BNB) has dipped under its annual low, leaving investors worried. Today, we will jump into the price performance of these altcoins to see how far they can climb.
- BNB to reach $307.41 by the end of the year despite the dip
- Uniswap crypto projected to climb to $8.44
- Everlodge can spike by 20x at launch
Join the Everlodge presale and win a luxury holiday to the Maldives
Binance Coin (BNB) Dips to Annual Low
The BNB crypto made waves across social media as it dropped to $2.04, its one-year low, as the WSJ reported that Binance helped Russian users move money abroad.
Due to the legal and regulatory scrutiny of the Binance exchange and a large distressed BNB-secured loan weighing in on the crypto’s price, many are now diversifying. The BNB crypto has since recovered to $216. The BNB price saw a strong bounce from the support level, measured from the local low.
The RSI climbed back above the neutral 50 mark on the chart. This, however, does show potential bullish momentum on the lower timeframes. In addition, the market structure was bullish, and if the BNB price breaches past $216, it will reach new heights. According to the BNB price prediction, it can reach $307.41 by the end of the year.
Uniswap (UNI) Spot Volume Surpassed Coinbase
The Uniswap (UNI) quarterly spot volume exceeded Coinbase for the first time in Q1. The exchange facilitated approximately $155B and $145B worth of trades.
This has sent Uniswap crypto down a bullish pattern. With the crypto trading around the $4.5 price range, the Uniswap price is expected to climb even further.
The on-chart data suggests that Uniswap broke the rising channel pattern and fell below the significant moving averages. Moreover, the technical details suggest that further selloff could occur to retest the demand zone near $3.5.
But analysts are bullish, and its candlestick formation showcases a nullified selling pressure. The trading volume also increased, at around $89.38 million. Based on the Uniswap price prediction, it can reach $8.44 by the end of the year.
Everlodge (ELDG) To Spike by 20x
Through the introduction of fractional property ownership through NFTs, Everlodge promises a solid proposition to investors. Anyone can own a share of a $9 million luxury home through the platform for as little as $100.
Real estate has traditionally been seen as one of the most stable investments. With the agility and flexibility found through blockchain technology, Everlodge has created a system that can attract millions of users.
Instead of needing a lot of upfront capital, like millions of dollars, anyone from any walk of life can invest with just what they have. Properties get digitized and minted as NFTs. These NFTs can then be fractionalized and offer unparalleled security, transparency, and accessibility.
There’s even a dedicated Rewards Club, where investors can earn complimentary stays in luxurious properties. All of this is powered by the ELDG token. Its holders can stake it to get passive income opportunities and use it for governance.
Analysts predict that the token can surge by 20x at launch. So far, it has grown by 20% and trades at just $0.012. In the next stage, it will jump by 33%. Consequently, now is the best time to get into it before losing value.
Find out more about the Everlodge (ELDG) Presale
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