Cryptocurrency

Crypto Analysts Predict Bullish Trends for Litecoin (LTC) and Kaspa (KAS); Everlodge (ELDG) Sets To Follow a Similar Trajectory in 2024

Market Trends

In the fourth quarter of 2023, analysts predicted a huge rise for Litecoin (LTC) and Kaspa (KAS), with the tokens rising to $73 and $0.1, respectively. Now, foremost analysts such as Ali Martinez and Max are predicting a similar trajectory for these tokens in 2024. Meanwhile, Everlodge (ELDG) is garnering significant attention in the ongoing presale, fueling speculation of a rally in 2024. Let's explore why analysts are picking these tokens as top crypto coins to invest in.

Ali Martinez predicts more wins for Litecoin (LTC) investors

Popular crypto analyst Ali Martinez has predicted a continued rising momentum for Litecoin (LTC) as the token gravitates toward the next resistance level of $85. In the past few weeks, the Litecoin price has surged past the support level of $70. The Litecoin trading volume has also risen by over 50%, signifying more inflow of traders to the project.  

Ali Martinez further stated that the recent purchase of 42,000 Litecoin worth over $3 million will give a significant boost to the token as it continues its journey to the next trendline. Unless there is a major setback that pushes the price of Litecoin back to its support level, analysts believe Litecoin may cross the $100 threshold in Q1 of 2024.

Kaspa (KAS) to follow Solana in major areas of Interest

In a similar version to Solana, Kaspa (KAS) may experience a boost that will propel it to the zenith of the crypto market according to foremost crypto trader Max. Max observes that there are inherent similarities between Kaspa and Solana especially in terms of the broader community adoption and the Fibonacci extension. With Kaspa edging towards a critical $10 billion market cap, Max believes that Kaspa's price will soon pivot to a $0.35 value from its current $0.1, making it one of the top crypto coins to invest in Q1 of 2024. 

Also, the data from Coinmarketcap, shows that the Kaspa price chart has been on an upward trajectory in the last few days while alerting keen market watchers. The Kaspa trading volume has also been impressive, pulling over a 50% increase. With the anticipated bull run, the Kaspa token might rally in the next few weeks. 

Everlodge (ELDG) Is Projected To Return 30x as Soon As It Launches

As with Litecoin and Kaspa, a shift in thinking has propelled Everlodge (ELDG) to come up with a practical solution to the monopoly of the real estate industry. Initially, real estate properties were beyond the reach of average earners, but Everlodge has created a model where real estate properties will be merged with Web3 technologies to create attractive digitized assets in the form of NFTs. 

These digitized NFTs are available for fractional purchase and investors can enjoy a series of perks and dividends, including a marketplace where they can buy and sell their properties, a lending platform where they can use their properties for loans, and a launchpad incentive for new developments.

ELDG, which is the native token of the platform, is in the 9th stage of presale and is currently selling for $0.029. Regarding security, the liquidity of Everlodge will be locked for 8 years while the team token for 2 years. The KYC has also been completed while the Smart contract has been fully audited by an independent auditing firm. Analysts have projected a 280% increase on presale and a 30x increase on launch. This makes Everlodge one of the best cryptocurrency to invest in 2024.

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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.

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