MultiversX (Elrond) Dropped -26.10% in Last Month and is Predicted to Reach $56.68 By Apr 26, 2024 | CoinCodex

cryptodailyPublicado a 2024-04-16Actualizado a 2024-04-21

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Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.

  • MultiversX (Elrond) is down -3.26% today against the US Dollar
  • EGLD/BTC decreased by -2.80% today
  • EGLD/ETH decreased by -2.93% today
  • MultiversX (Elrond) is currently trading 23.87% below our prediction on Apr 26, 2024
  • MultiversX (Elrond) dropped -26.10% in the last month and is up 11.13% since 1 year ago
MultiversX (Elrond) price$ 43.16
MultiversX (Elrond) prediction $ 56.68 (30.18%)
Sentiment Neutral
Fear & Greed index 72 (Greed)
Key support levels$ 41.60, $ 38.80, $ 37.07
Key resistance levels$ 46.13, $ 47.87, $ 50.66

EGLD price is expected to rise by 30.18% in the next 5 days according to our MultiversX (Elrond) price prediction

MultiversX (Elrond) price today is trading at $ 43.16 after losing -3.26% in the last 24 hours. The coin outperformed the cryptocurrency market, as the total crypto market cap increased by 1.55% in the same time period. EGLD performed poorly against BTC today and recorded a -2.80% loss against the world’s largest cryptocurrency.

According to our MultiversX (Elrond) price prediction, EGLD is expected to reach a price of $ 56.68 by Apr 26, 2024. This would represent a 30.18% price increase for EGLD in the next 5 days.

EGLD Price Prediction Chart

Buy/Sell MultiversX (Elrond)

What has been going on with MultiversX (Elrond) in the last 30 days

MultiversX (Elrond) has been displaying a negative trend recently, as the coin lost -26.10% in the last 30-days. The medium-term trend for MultiversX (Elrond) has been bearish, with EGLD dropping by -14.21% in the last 3 months. The long-term picture for MultiversX (Elrond) has been positive, as EGLD is currently displaying a 11.13% 1-year price change. On this day last year, EGLD was trading at $ 38.83.

MultiversX (Elrond) reached its all-time high price on Nov 23, 2021, when the price of EGLD peaked at $ 541.18. The current EGLD cycle high is $ 77.40, while the cycle low is at $ 22.29. EGLD has been displaying high volatility recently – the 1-month volatility of the coin is at 15.24. MultiversX (Elrond) recorded 14 green days in the last 30 days.

MultiversX (Elrond) technical analysis for today - Apr 21, 2024

The sentiment in the MultiversX (Elrond) markets is currently Neutral, and the Fear & Greed index is reading Greed. The most important support levels to watch are $ 41.60, $ 38.80 and $ 37.07, while $ 46.13, $ 47.87 and $ 50.66 are the key resistance levels.

Neutral sentiment for MultiversX (Elrond)

15 indicators are currently signaling a bullish prediction for MultiversX (Elrond), while 13 indicators are showing a bearish forecast. With 54% of indicators favoring a positive prediction. This results in an overall Neutral sentiment for MultiversX (Elrond).

Crypto market is currently experiencing Greed

Currently, the Fear & Greed index is at 72 (Greed), which signals that investors have a positive outlook on the market. The Fear & Greed index is a measure of sentiment among cryptocurrency investors. A “Greed” reading suggests that investors are currently optimistic about the cryptocurrency market, but can also be an indication that the market is overvalued. A “Fear” reading, on the other hand, signals that investors are currently hesitant about the cryptocurrency market, which potentially represents a buying opportunity.

MultiversX (Elrond) moving averages & oscillators

Let’s take a look at what some of the most important technical indicators are signaling. We’ll be going through key moving averages and oscillators that will allow us to get a better idea of how MultiversX (Elrond) is positioned in the market right now.

PeriodDaily SimpleDaily ExponentialWeekly SimpleWeekly Exponential
MA3$ 41.19 (BUY)$ 40.51 (BUY)--
MA5$ 40.70 (BUY)$ 41.66 (BUY)--
MA10$ 44.44 (SELL)$ 45.01 (SELL)--
MA21$ 50.23 (SELL)$ 50.03 (SELL)$ 42.64 (BUY)$ 54.54 (SELL)
MA50$ 58.41 (SELL)$ 55.14 (SELL)-$ 36.92 (BUY)$ 50.22 (SELL)
MA100$ 56.93 (SELL)$ 55.70 (SELL)-$ 83.83 (BUY)$ 37.90 (BUY)
MA200$ 50.71 (SELL)$ 51.99 (SELL)--

PeriodValueAction
RSI (14)42.14NEUTRAL
Stoch RSI (14)100.00SELL
Stochastic Fast (14)44.57NEUTRAL
Commodity Channel Index (20)-66.67NEUTRAL
Average Directional Index (14)48.01BUY
Awesome Oscillator (5, 34)-13.00NEUTRAL
Momentum (10)-8.42NEUTRAL
MACD (12, 26)-0.27NEUTRAL
Williams Percent Range (14)-55.43NEUTRAL
Ultimate Oscillator (7, 14, 28)63.16NEUTRAL
VWMA (10)41.27BUY
Hull Moving Average (9)40.09BUY
Ichimoku Cloud B/L (9, 26, 52, 26)49.42NEUTRAL

The Relative Strength Index (RSI 14) is a widely used indicator that helps inform investors whether an asset is currently overbought or oversold. The RSI 14 for MultiversX (Elrond) is at 42.14, suggesting that EGLD is currently neutral.

The 50-day Simple Moving Average (SMA 50) takes into account the closing price of MultiversX (Elrond) over the last 50 days. Currently, MultiversX (Elrond) is trading above the SMA 50 trendline, which is a bullish signal.

Meanwhile, the 200-day Simple Moving Average (SMA 200) is a long-term trendline that’s calculated by taking an average of the EGLD closing price for the last 200 days. EGLD is now trading above the SMA 200, signaling that the market is currently bullish.

The bottom line about this MultiversX (Elrond) prediction

After considering the above factors, we can conclude that the current forecast for MultiversX (Elrond) price prediction is Neutral. EGLD would have to increase by 30.18% to hit our $ 56.68 target within the next five days. Moving forward, it will be important to monitor the EGLD market sentiment, the key support and resistance levels, and other metrics. However, we have to keep in mind that the cryptocurrency markets are unpredictable, and even the largest crypto assets display a lot of price volatility. For long-term MultiversX (Elrond) price predictions click here.

Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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Cómo comprar EGLD

¡Bienvenido a HTX.com! Hemos hecho que comprar MultiversX (EGLD) sea simple y conveniente. Sigue nuestra guía paso a paso para iniciar tu viaje de criptos.Paso 1: crea tu cuenta HTXUtiliza tu correo electrónico o número de teléfono para registrarte y obtener una cuenta gratuita en HTX. Experimenta un proceso de registro sin complicaciones y desbloquea todas las funciones.Obtener mi cuentaPaso 2: ve a Comprar cripto y elige tu método de pagoTarjeta de crédito/débito: usa tu Visa o Mastercard para comprar MultiversX (EGLD) al instante.Saldo: utiliza fondos del saldo de tu cuenta HTX para tradear sin problemas.Terceros: hemos agregado métodos de pago populares como Google Pay y Apple Pay para mejorar la comodidad.P2P: tradear directamente con otros usuarios en HTX.Over-the-Counter (OTC): ofrecemos servicios personalizados y tipos de cambio competitivos para los traders.Paso 3: guarda tu MultiversX (EGLD)Después de comprar tu MultiversX (EGLD), guárdalo en tu cuenta HTX. Alternativamente, puedes enviarlo a otro lugar mediante transferencia blockchain o utilizarlo para tradear otras criptomonedas.Paso 4: tradear MultiversX (EGLD)Tradear fácilmente con MultiversX (EGLD) en HTX's mercado spot. Simplemente accede a tu cuenta, selecciona tu par de trading, ejecuta tus trades y monitorea en tiempo real. Ofrecemos una experiencia fácil de usar tanto para principiantes como para traders experimentados.

127 Vistas totalesPublicado en 2024.12.10Actualizado en 2026.06.02

Cómo comprar EGLD

Discusiones

Bienvenido a la comunidad de HTX. Aquí puedes mantenerte informado sobre los últimos desarrollos de la plataforma y acceder a análisis profesionales del mercado. A continuación se presentan las opiniones de los usuarios sobre el precio de EGLD (EGLD).

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