With 2023 almost coming to an end, cryptocurrencies are in the green again. Dogecoin and Everlodge are not left out of the price gains as they emerged among the top gainers. In this article, we shall look at the price movement of Dogecoin and the way forward. Also, we would look at the latest development in the Everlodge ecosystem.
Dogecoin (DOGE) Price Analysis
Dogecoin (DOGE) has shown renewed momentum following a short dip from its November peak of $0.0877. Currently, the token is making a comeback towards the $0.1 resistance level. In the last seven days, Dogecoin price has increased by 8.0% from $0.076313 to $0.084718.
CoinGecko market data showed that it had a cumulative 25.8% gain in 30 days. According to data, dealers have transacted more than $500 million on different exchanges. The technical indicators on the Dogecoin graph are positive.
Dogecoin recorded 19/30 (63%) green days and 5.96% price volatility, over the previous 30 days. The Relative Strength Index (RSI) being above 50 shows that buyers were in control.
As this indicator moves higher toward the overbought region above 70, the tides would shift in favor of the bulls. Additionally, Dogecoin was traded above the 50, 100, and 200-day EMAs.
To initiate a price rally from the bearish Dogecoin price prediction, a closing price above the $0.082 level is needed. After that, Dogecoin might have started a 32% increase towards the next resistance point at $0.110.
Everlodge (ELDG) Unveils AI Tool To Ease Real Estate Market Monitoring
Everlodge (ELDG) recently ventured into new territory by integrating AI technology into its Web3 real estate marketplace. Employing AI, Everlodge users can now track and analyze property prices across various global regions. This innovative approach facilitated the provision of real-time data regarding property valuations in these specific locales.
This sophisticated tool can predict the future of any real estate market. It was built with good predictive ability to help real estate investors. For instance, two years ago, Everlodge’s AI could have foreseen the current boom of the real estate market.
The calculated decision by Everlodge to convert real estate holdings into NFTs has proven to be effective. Through this, real estate ownership has been made more accessible. Apart from its real estate endeavors, Everlodge provides a variety of varied initiatives. The rewards club was one such program that offered members free stays at different hotels and resorts.
We’re thrilled to announce that our website just got a makeover! 💻
Check out the fresh look and discover the NEW features we’ve added. It’s all about making your experience even better!
Plus, remember that our Presale is still ON.
— Everlodge (@EverlodgeHQ) October 23, 2023
The amount of involvement in the rewards club determines how many complimentary stays a member may be rewarded. Additionally, users have the option to sell these rewards for additional revenue. The token that powers the Everlodge ecosystem has increased to $0.025 a piece, following a 150% price increase.
One significant advantage of Everlodge is the ability to stake ELDG tokens to earn rewards, a feature notably absent in Dogecoin.
For more information about Everlodge (ELDG) please visit their website.