A significant trait of the crypto market is the opportunities it offers, largely due to its volatility. In this article, we’ll take a closer look at three noteworthy developments: Monero’s (XMR) price stability, Aave’s (AAVE) signs of recovery, and Everlodge’s (ELDG) outstanding performance as it leads the gainers chart.
- Monero holds steady in the trading market
- Aave ranks as a moderate volatility asset
- Everlodge dazzles investors with its innovative real estate marketplace.
Does the Reward Outweigh the Risks for Monero (XMR)?
Monero (XMR), a blockchain technology that is based on protecting its users’ privacy by creating anonymity in user transactions has seen some stability in its price recently. Despite the bearish market, the XMR price has been trading on an ascending channel.
As a result of its price stability, the Monero price has increased from $138 to a high of $143 on September 12. However, analysts report that Monero holds steady as a moderate-risk investment as it’s still a green zone according to its on-chart data.
Its current trading volume gives traders no reason to be overly concerned as to the blockchain volatility in the coming days. If the bullish momentum continues, the price of Monero will look to break above the $145 resistance.
Is Aave’s Moderate Volatility a Call for Concern?
Aave, a decentralized lending protocol on the Web3 space, has seen its stocks trading at an average midpoint for the past few days. This simply means that the Aave coin wouldn’t be able to break its rank in the volatility ranking of crypto tradings.
This places the Aave crypto at no.33 of the moderate volatility ranking, making it a token that is well protected from price manipulations in the market, as well as prize swings that usually plague other cryptocurrencies.
Trading at $53.3, the Aave price could face significant resistance at the $54.38 price level. If the price of AAVE manages to overcome this resistance, the altcoin could rally to the $60 price level in the coming days.
Everlodge (ELDG) Presents a Great Investment Opportunity
Everlodge (ELDG) has been gaining popularity as a platform that looks to revolutionize the real estate market by adding blockchain technology to its features. Part of the unique features of Everlodge is the opportunity for investors to own fragments of properties through the aid of property-backed NFTs.
In this new marketplace, investors can own digital assets of high-end villas, vacation homes, hotels, suits, etc., all minted with the aid of NFTs. What this implies is that individuals don’t have to have deep pockets to invest in real estate anymore.
Everlodge will reduce the barrier of entry into the lucrative real estate industry to only $100. As regards security, Everlodge has taken serious measures to ensure the funds of their users are safe by locking individual liquidity for eight years while freezing team tokens for two.
Still, at stage two of its presale, the Everlogde token (ELDG) is currently priced at $0.016 and due to its real-world application, it is projected to hit the price of $0.35 before the end of its presale.
Find out more about the Everlodge (ELDG) Presale:
Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.