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Polygon (MATIC) is in an uptrend, watching the price action. Meanwhile, traders have their attention on PepeCoin (PEPE) and Everlodge (ELDG), indicating a possible change in market dynamics.
The polygon is bullish
According to one analyst, there is a possible head and shoulders pattern on the MATIC 4-hour chart.
If there is a break below $0.79, prices may retest $0.67.
On the other hand, any rise above the right shoulder at $0.86 may trigger further demand.
MATIC remains mostly bullish. Prices increased from $0.61 on October 22 to $0.76 on November 22.
Analysts predict that the currency will reach $0.86 in December 2023.
PEPE making movements
The PepeCoin team recently transferred 418 billion PEPE to Binance Earn to reward Binance users.
PEPE remains in an uptrend and is trading above the 21-day EMA.
Since October 22, PEPE has increased from $0.00000074 to $0.0000010.
Market analysts predict that the token will retest $0.000001 by the end of 2023.
Everlodge (ELDG): Possibly overshadowing Polygon and Pepe
Everlodge aspires to be a leader in the real estate market.
In stage 7 of the ongoing pre-sale, investors seem interested in purchasing ELDG.
The platform’s marketplace allows customers to own fractions of luxury properties as non-fungible tokens (NFTs).
The possibility of fractional ownership of real estate becomes viable thanks to blockchain technology.
Everlodge goes further by offering merchants a secondary market for NFTs. As such, traders can sell their fractional NFTs and even make a profit.
ELDG prepares the Everlodge ecosystem. In the current pre-sale stage, it is available for $0.025.
Analysts are optimistic and expect the token to reach $0.038 by the end of the pre-sale.
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