Analysts bullish on Polygon, traders exploring PEPE and Everlodge

Polygon (MATIC) is trending higher, looking at price action. Meanwhile, traders have their attention on PepeCoin (PEPE) and Everlodge (ELDG), indicating a potential shift in market dynamics. 

Polygon is bullish

According to one analyst, there is a potential head-and-shoulders pattern in the MATIC’s 4-hour chart.

If there is a breakout below $0.79, prices may retest $0.67. 

On the other hand, any upswing above the right shoulder at $0.86 may trigger more demand. 

MATIC remains mostly bullish. Prices rose from $0.61 on Oct. 22 to $0.76 on Nov. 22. 

Analysts forecast the coin to reach $0.86 by December 2023. 

You might also like: Polygon hits 2023 peak in transaction volume

PEPE making moves 

The PepeCoin team recently moved 418 billion PEPE to Binance Earn to reward Binance users. 

PEPE remains in an uptrend, trading above the 21-day EMA. 

From Oct. 22, PEPE has risen from $0.00000074 to $0.0000010. 

Market analysts forecast the token to retest $0.000001 by the end of 2023.

Everlodge (ELDG): May Possibly Outshine Polygon and Pepe 

Everlodge aims to be a leader in the real estate market. 

In stage 7 of the ongoing presale, investors appear keen on buying ELDG. 

The platform’s marketplace allows clients to own fractions of luxury properties as non-fungible tokens (NFTs).

The possibility of fractional real estate ownership is made feasible through blockchain technology. 

Everlodge takes it further by providing traders with a secondary market for NFTs. As such, traders can sell their fractionalized NFTs and even realize profits. 

ELDG primes the Everlodge ecosystem. In the present presale stage, it is available for $0.025. 

Analysts are bullish, expecting the token to reach $0.038 by the end of the presale. 

Visit Everlodge

Read more: Dogecoin to the moon, Everlodge in focus as PepeCoin distributes $500,000 in PEPE

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