Bluntz, an anonymous analyst, suggests that Solana (SOL) may reach a new high after completing an ABC correction and maintaining support.
Another analyst, Kaleo, anticipates a potential rally for Shiba Inu (SHIB).
Everlodge (ELDG) is also gaining attention for its potential to disrupt the $4.548 trillion hospitality industry.
Summary
- Solana may surge to $84.91 by Q1, 2024
- Shiba Inu can climb to $0.000013 by the start of next year
- Everlodge could rally after launching
Solana can retest $84.91
Bluntz, an analyst with over 229,000 followers, recently noted that Solana completed an ABC correction and maintained support at $51.
Over the past week, SOL prices rose from $52.21 to $64.16, adding 82.5%. In the past year, Solana has seen a 336.3% increase, currently ranking as the 7th largest by market cap.
Based on on-chart data and projections, SOL can reach $84.91 by Q1 2024.
Shiba Inu can reach $0.000013
Analyst Kaleo suggests that Shiba Inu is poised for gains after prices broke above the horizontal resistance before retesting the level again as support.
SHIB remained within the $0.00000780 to $0.00000899 range, with a market cap of over $4.7 billion.
Per the Shiba Inu price prediction, the token can retest $0.000013 early next year.
Everlodge can democratize the $4.548t hospitality industry
In addition to Solana and Shiba Inu, analysts note that Everlodge has upside potential.
The hospitality industry is worth $4.548 trillion but has been challenging to access for many due to high barriers to entry. The platform aims to address this issue by making it accessible for as little as $100.
Everlodge plans to democratize the hospitality industry by allowing individuals to own fractional shares in real estate properties, enabling them to diversify their investment portfolios.
The portal will mint properties as NFTs and then fractionalize them. Key details such as title deeds and ownership information will be stored on the smart contract’s metadata, enhancing transparency.
ELDG, the native token, is currently trading at $0.025 in stage seven of the presale.
It serves as the utility token for staking and governance, giving holders access to holiday giveaways, property raffles, exclusive experiences, and other bonuses.
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