ELYSIA (EL) Coin Overview and Weekly Technical Review2
    CRYPTO

    ELYSIA (EL) Coin Overview and Weekly Technical Review:

    Asher TameBy Updated:No Comments7 Mins Read

    This article centers around a thorough assessment of EL coin’s technical and fundamental attributes using data obtained from www.coinmarketcap.com . Our report aims to address vital inquiries regarding the projects associated with the cryptocurrency ; determining significant factors affecting its market value ; reviewing which are reliable exchanges for trading it  ; identifying traded currency pairs ; exploring assorted key metrics that demonstrate critical aspects of performance such as highest low price values attained among other essential economic indicators. We will also provide regular weekly graphical or technical analyses aimed at assisting potential investors evaluate feasible investment risks areas while identifying prospective profits.

     

    What is ELYSIA (EL) Coin?

    ELYSIA (EL)  is a cryptocurrency and blockchain platform designed for the real estate industry . It aims to revolutionize the way real estate transactions are conducted by leveraging blockchain technology to provide transparency , efficiency , and accessibility .

     

    The ELYSIA platform enables various participants in the real estate ecosystem, such as buyers , sellers , investors , brokers , and developers to interact with each other seamlessly . It utilizes smart contracts to facilitate secure and automated transactions while reducing traditional intermediaries’ involvement  .

     

    By utilizing blockchain technology  , ELYSIA enhances transparency in property ownership records, reduces fraud possibilities through immutable digital records of transactions and ensures faster settlement times . The platform also incorporates tokenization concepts that allow fractional ownership of properties or investment opportunities for individuals who may not have had access before.

     

    Furthermore, ELYSIA envisions creating a global marketplace where users can participate in cross-border real estate investments easily . By removing barriers like language barriers or complex legal procedures often associated with international transactions .

     

    Overall, ELYSIA aims to disrupt the traditional real estate market by introducing more efficient processes enabled by blockchain technology while providing new investment opportunities for individuals globally through its native cryptocurrency EL token (EL) .

     

    If you want to know more about the ELYSIA (EL) coin , you can visit its website.

    ELYSIA (EL) Coin Overview and Weekly Technical Review

    https://www.elysia.land/

     

    Projects:

    The ELYSIA (EL) coin is associated with several projects and initiatives aimed at transforming the real estate industry . Here are some key projects of ELYSIA :

     

    1. Real Estate Investment Platform : The ELYSIA platform offers a marketplace where users can invest in real estate properties using EL tokens . This allows individuals , regardless of their location or financial capacity , to participate in property investment opportunities that were previously inaccessible .

     

    1. Tokenization of Real Estate Assets : ELYSIA enables the tokenization of real estate assets through smart contracts on the blockchain . By dividing properties into fractional ownership units represented by tokens, it allows for more liquidity and flexibility in buying , selling , and trading real estate assets .

     

    1. Transparent Property Transactions : Through the use of blockchain technology, ELYSIA aims to bring transparency to property transactions by recording them immutably on a decentralized ledger. This enhances trust between parties involved and reduces fraud possibilities .

     

    1. Global Real Estate Marketplace : With its borderless approach, ELYSIA aspires to create a global marketplace for real estate investments where participants from different countries can engage in cross-border transactions easily without facing language barriers or complex legal procedures .

     

    1. Decentralized Data Management : The ELYSIA platform utilizes decentralized data management systems powered by blockchain technology to store critical information related to property ownership records securely and transparently while ensuring privacy protection .

     

    These projects collectively aim to disrupt traditional processes within the real estate industry by leveraging blockchain technology ‘s inherent benefits such as transparency, efficiency, accessibility while expanding investment opportunities globally through the utilization of EL tokens (EL) .

     

    Factors affecting price: 

     

    The price of ELYSIA (EL) coin, like any other cryptocurrency , can be influenced by various factors. Here are some key factors that may impact the price of EL :

     

    1. Real Estate Market Performance : The performance and trends in the real estate market can have an influence on the demand for EL tokens . Positive growth or increased investor interest in the real estate industry may drive up demand for EL tokens as they are used within the ELYSIA platform .

     

    1. Adoption and Usage : The level of adoption and usage of the ELYSIA platform by participants in the real estate ecosystem can affect token demand and subsequently its price . Increased activity such as property transactions or investments through EL tokens could create positive sentiment among investors .

     

    1. Market Sentiment : Investor sentiment towards cryptocurrencies, blockchain technology , and specifically towards projects focused on real estate like ELYSIA can impact token prices. Factors such as regulatory developments , mainstream acceptance, or general market trends might influence how investors perceive and trade with EL tokens .

     

    1. Competition & Partnerships : The presence of competing projects in the real estate sector or strategic partnerships formed by ELYSIA could affect investor confidence in EL tokens specifically . Strong competition or significant collaborations within the industry might shape market perception accordingly .

     

    5.Overall Crypto Market Conditions : Broader market conditions within the cryptocurrency space can also influence token prices including EL coins . Factors like overall market volatility, global economic events impacting cryptocurrencies’ performance across various exchanges might indirectly affect investor sentiments toward specific coins .

     

    It’ s important to note that cryptocurrency prices are highly volatile due to these factors along with others like supply-demand dynamics, trading volume fluctuations, news events related to either ELYSIA project updates or broader crypto landscape changes which should be considered when evaluating potential investment decisions involving EL coins

     

    Where can I buy ELYSIA Coin (EL)?

     

    Exchange                           Pair               Volume

     

     

     

     

     

    ELYSIA Coin (EL) Baseline Assessment :

     The market cap of the ELYSIA (EL) coin is 5.629.302 and its circulating supply is 3.202.286.469 units. Its maximum Supply is 6.803.300.705 units, with a fully diluted valuation of $ 11.959.528.

     

    What is the high price point for ELYSIA Coin (EL)?

    ELYSIA (EL) highest price is $0.06948 recorded on Apr 02, 2021 . The current price is -97.44% lower than the all-time high .

    What is the low point of the price for ELYSIA Coin (EL)?

     

    ELYSIA (EL)  token’s lowest price was $0.0006852 on Jan 13, 2021.

     

    ELYSIA Coin (EL) Technical Outlook:

    ELYSIA (EL) coin, which was $0.013066 on 13 Dec 2021, dropped to $0.001409 on 26 Dec 2022 . Although it rose as much as $0.004262 from here , it could not hold on to this price and continued its decline. It continues its movement within the falling channel . The channel middle band works as a support . If the weekly candle closes below this support , the price will want to go down to the lower band of the channel . In possible rises, the first target will be the upper band of the channel and the fibo levels of our falling trend will appear as our resistance levels .

    Our support is $0.001409 and our sequential resistances are: $0.002376 – $0.003282 – $0.004262 – $0.005533 – $0.008025 – $0.012887

    Investment information comments, and recommendations contained herein are not within the scope of investment consultancy . The content, comments, and recommendations herein are not guiding but general . These recommendations may not suit your financial situation and risk and return preferences .  Therefore making an investment decision based solely on the information herein may not yield results that meet your expectations .

     

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    Asher tame

    Content Editor Hi there! My name is Asher, and I'm a Finance Editor based in Canada. I'm passionate about all things finance and have spent years honing my skills in the industry. I graduated from the Master of Finance program at the University of Toronto, which provided me with a strong foundation in financial theory and practice. Since then, I've worked in a variety of finance-related roles, including as a financial analyst and a financial advisor. These experiences have given me a deep understanding of the industry and a keen eye for detail. As a Finance Editor, I'm responsible for overseeing the financial content produced by my team of writers. I work closely with them to ensure that our articles are accurate, insightful, and relevant to our readers. I'm committed to providing our readers with the information they need to make informed decisions about their finances.

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