The post Analyst Michael van de Poppe Bullish on Bitcoin, TRON and Everlodge Showcase Bullish On-Chart Movements appeared first on Coinpedia Fintech News
Crypto analyst Michael van de Poppe is bullish on the future of the Bitcoin (BTC) crypto and projects that it can climb towards new heights. TRON (TRX) is seeing a lot of activity in its ecosystem, and Everlodge (ELDG) will become a major player in the real estate sector by implementing disruptive blockchain technology. Today, we will look at all three cryptos to see how far they can climb.
Summary
- Bitcoin can climb as high as $37,299.27.
- TRON is projected to grow to $0.16 by the end of 2023.
- Everlodge to rise in value by 35x at launch.
Bitcoin (BTC) to Surge According to Michael Van De Poppe
In a post on the X platform, formerly Twitter, analyst Michael van de Poppe discussed how Bitcoin’s (BTC) chart showcases clear upward momentum. The analyst stated that this is the classic grind upwards for BTC and that it could reach new heights. If BTC remains at the $36,500-$37,000 levels, it will continue moving towards them.
The Bitcoin trading volume spiked 31% in the past 24 hours as well, indicating massive movement in the market. During the past month, BTC is up 26.6%. The Bitcoin market cap is at $691,948,193,312. According to the Bitcoin price prediction, it can reach $37,299.27 as its maximum price.
TRON (TRX) Can Climb to $0.16 by the End of 2023
TRON (TRX) is leading with 1.5 million active daily users, based on data from Coin98 Analytics. Moreover, according to data from TRONSCAN, the network reached 194,000,000 total accounts.
Moreover, the TRX trading volume is at $204,489,267, indicating massive activity. Based on the on-chart data, during the past week, TRON traded from a low point of $0.096158 to a high point of value at $0.100858. The overall growth in the past year was 59.8%. According to the current TRON price prediction, it can reach $0.16 by the end of 2023.
Everlodge (ELDG) to Mint Properties as NFTs and Fractionalize Them
Aside from Bitcoin and TRON, another crypto that can see significant growth based on analyst projections is Everlodge. This is an upcoming real estate marketplace that will completely change how investors and traders think about making investments in the industry.
The market has been plagued by high costs of entry as well as a lack of transparency. However, through Everlodge, these issues will be resolved.
The platform works by implementing blockchain technology. Each property is minted as an NFT. Then, these NFTs get fractionalized into smaller pieces. As a result, the cost of entry is reduced from millions of dollars to just $100. As a result, anyone, no matter their financial status or location, can jump into the industry and diversify. Moreover, there are additional benefits to owning properties this way. As the property gets rented out, investors can passively earn capital.
Moreover, ELDG can be staked, providing an additional inflow of passive money for investors. During Stage 7, the token is trading at just $0.025. However, at launch and following its listing on Tier-1 CEXs, the crypto can spike by 35x.