Ethereum

Resistance

MultiversX

Status

Time

<ul> 
 <li><strong>Bullish EGLD price prediction for 2024 is $48.23 to </strong><strong>$74.45</strong><strong>.</strong></li> 
 <li><strong>MultiversX (EGLD) price might reach $100 soon.</strong></li> 
 <li><strong>Bearish EGLD price prediction for 2024 is </strong><strong>$20.04.</strong></li> 
</ul> 
<p>In this MultiversX (EGLD) <a href="https://thenewscrypto.com/markets/price-prediction/" target="_blank" rel="noreferrer noopener">price prediction</a> for 2024, 2025-2030,&nbsp; we will analyze the price patterns of EGLD by using accurate trader-friendly technical analysis indicators and predict the future movement of the <a href="https://thenewscrypto.com/tag/cryptocurrency/" target="_blank" rel="noreferrer noopener">cryptocurrency</a>.</p> 
<figure class="wp-block-table aligncenter">
 <table>
  <tbody>
   <tr>
    <td><strong>
      <div align="center">
       TABLE OF CONTENTS
      </div></strong></td>
   </tr>
   <tr>
    <td>
     <div align="center">
      INTRODUCTION
     </div></td>
   </tr>
   <tr>
    <td>
     <ul>
      <li>MultiversX (EGLD) Current Market Status</li>
      <li>What is MultiversX (EGLD)?</li>
      <li>MultiversX (EGLD) 24H Technicals</li>
     </ul></td>
   </tr>
   <tr>
    <td>
     <div align="center">
      MULTIVERSX (EGLD) PRICE PREDICTION 2024
     </div></td>
   </tr>
   <tr>
    <td>
     <ul>
      <li>MultiversX (EGLD) Support and Resistance Levels</li>
      <li>MultiversX (EGLD) Price Prediction 2024 — RVOL, MA, and RSI</li>
      <li>MultiversX (EGLD) Price Prediction 2024 — ADX, RVI</li>
      <li>Comparison of MULTIVERSX with BTC, ETH</li>
     </ul></td>
   </tr>
   <tr>
    <td>MULTIVERSX (EGLD) PRICE PREDICTION 2025, 2026-2030</td>
   </tr>
   <tr>
    <td>CONCLUSION</td>
   </tr>
   <tr>
    <td>FAQ</td>
   </tr>
  </tbody>
 </table>
</figure> 
<h2 class="wp-block-heading" id="h-multiversx-egld-current-market-status">MultiversX (EGLD) Current Market Status</h2> 
<figure class="wp-block-table is-style-regular"> 
 <table> 
  <tbody style="box-shadow: 0px 2px 4px rgb(3 4 28 / 50%);"> 
   <tr style="background-color: rgb(2 86 121 / 40%);"> 
    <td style="border: 1px solid #01557b;">Current Price</td> 
    <td style="border: 1px solid #01557b;">$39.49</td> 
   </tr> 
   <tr>
    <td style="border: 1px solid #01557b;">24 – Hour Price Change</td> 
    <td style="border: 1px solid #01557b;">0.62% Down</td> 
   </tr> 
   <tr style="background-color: rgb(2 86 121 / 40%);"> 
    <td style="border: 1px solid #01557b;">24 – Hour Trading Volume</td> 
    <td style="border: 1px solid #01557b;">$30,524,660</td> 
   </tr> 
   <tr> 
    <td style="border: 1px solid #01557b;">Market Cap</td> 
    <td style="border: 1px solid #01557b;">$995,391,467</td> 
   </tr> 
   <tr style="background-color: rgb(2 86 121 / 40%);"> 
    <td style="border: 1px solid #01557b;">Circulating Supply</td> 
    <td style="border: 1px solid #01557b;">27,164,392 EGLD</td> 
   </tr> 
   <tr>
    <td style="border: 1px solid #01557b;">All – Time High</td> 
    <td style="border: 1px solid #01557b;">$542.58 (On Nov 23, 2021) &nbsp;</td> 
   </tr> 
   <tr style="background-color: rgb(2 86 121 / 40%);"> 
    <td style="border: 1px solid #01557b;">All – Time Low</td> 
    <td style="border: 1px solid #01557b;">$6.54 (On Oct 07, 2020) &nbsp;</td> 
   </tr> 
  </tbody> 
 </table> <em>
  <figcaption class="wp-element-caption" style="text-align: center;">
   EGLD Current Market Status (Source: <a href="https://coinmarketcap.com/currencies/multiversx-egld/" target="_blank" rel="noreferrer noopener nofollow">CoinMarketCap</a>)
  </figcaption></em> 
</figure> 
<h2 class="wp-block-heading" id="what-is-multiversx-egld">What is MultiversX (EGLD)</h2> 
<figure class="wp-block-table is-style-stripes">
 <table>
  <tbody>
   <tr>
    <td><strong>TICKER</strong></td>
    <td>EGLD</td>
   </tr>
   <tr>
    <td><strong>BLOCKCHAIN</strong></td>
    <td>Elrond</td>
   </tr>
   <tr>
    <td><strong>CATEGORY</strong></td>
    <td>DeFi (Decentralized Finance)</td>
   </tr>
   <tr>
    <td><strong>LAUNCHED ON</strong></td>
    <td>2018</td>
   </tr>
   <tr>
    <td><strong>UTILITIES</strong></td>
    <td>Governance, Fast Transactions, gas fees &amp; rewards</td>
   </tr>
  </tbody>
 </table>
</figure> 
<p>MultiversX (EGLD) is a cryptocurrency project that has gained attention in the blockchain and cryptocurrency space. It is designed to operate within the Elrond <a href="https://thenewscrypto.com/tag/blockchain/" target="_blank" rel="noreferrer noopener">blockchain ecosystem</a>, known for its high performance and scalability. MultiversX aims to provide a decentralized and versatile platform for various blockchain applications and services.</p> 
<p>As a token on the <a href="https://thenewscrypto.com/binance-announces-support-to-elrond-network-upgrade/" target="_blank" rel="noreferrer noopener">Elrond network</a>, EGLD is integral to the MultiversX ecosystem. Users can utilize EGLD for transactions and interactions within the network, including smart contracts and decentralized applications. The project’s team envisions a multiverse of possibilities, wherein EGLD serves as a crucial component for facilitating diverse blockchain activities.<br>The project has garnered interest due to its commitment to scalability, security, and efficiency. By being part of the Elrond ecosystem, <a href="https://thenewscrypto.com/tag/elrond/" target="_blank" rel="noreferrer noopener">MultiversX</a> (EGLD) seeks to offer a seamless and robust experience for users and developers in the world of blockchain and cryptocurrency.</p> 
<h3 class="wp-block-heading" id="multiversx-24h-technicals">MultiversX 24H Technicals</h3> 
<figure class="wp-block-image size-large">
 <img decoding="async" width="1024" height="377" src="https://thenewscrypto.com/wp-content/uploads/2024/07/image-60-1024x377.png" alt="" class="wp-image-102945" srcset="https://thenewscrypto.com/wp-content/uploads/2024/07/image-60-1024x377.png 1024w, https://thenewscrypto.com/wp-content/uploads/2024/07/image-60-300x110.png 300w, https://thenewscrypto.com/wp-content/uploads/2024/07/image-60-768x283.png 768w, https://thenewscrypto.com/wp-content/uploads/2024/07/image-60-1536x565.png 1536w, https://thenewscrypto.com/wp-content/uploads/2024/07/image-60.png 1809w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure> 
<p class="has-text-align-center"><em>(Source: </em><a href="https://www.tradingview.com/symbols/EGLDUSDT/?exchange=KUCOIN"><em>TradingView</em></a><em>)</em></p> 
<h2 class="wp-block-heading" id="h-multiversx-egld-price-prediction-2024">MultiversX (EGLD) Price Prediction 2024</h2> 
<p>MultiversX (EGLD) ranks 68th on CoinMarketCap in terms of its market capitalization. The overview of the MultiversX price prediction for 2024 is explained below with a daily time frame.</p> 
<div class="wp-block-image"> 
 <figure class="aligncenter size-large">
  <img decoding="async" src=" https://www.tradingview.com/x/qEpaTG9F/ " alt="">
 </figure>
</div> 
<p><em>EGLD/USDT Rounding Bottom</em> <em>Pattern (Source: </em><a href="https://www.tradingview.com/symbols/EGLDUSDT/?exchange=KUCOIN"><em>TradingView</em></a><em>)</em></p> 
<p>In the above chart, MultiversX (EGLD) laid out the rounding bottom pattern. The price movements form a pattern that resembles a bow and hence is also known as the saucer bottom pattern. In general, the rounding bottom pattern indicates a long-term price reversal. This pattern also emphasizes the changes in the market sentiment as the trend seems to shift from bearish to bullish. Investors generally have to stay cautious and time the market well. If the price breaks and moves past the resistance level, it will enter a confirmed bullish trajectory.</p> 
<h2 class="wp-block-heading" id="multiversx-egld-resistance-and-support-levels">MultiversX (EGLD) Resistance and Support Levels</h2> 
<p>The chart given below elucidates the possible resistance and support levels of MultiversX (EGLD) in 2024.</p> 
<div class="wp-block-image"> 
 <figure class="aligncenter size-large">
  <img decoding="async" src="https://www.tradingview.com/x/WYy4Uor4/ " alt="">
 </figure>
</div> 
<p><em>EGLD/USDT Resistance and Support Levels (Source: </em><a href="https://www.tradingview.com/symbols/EGLDUSDT/?exchange=KUCOIN"><em>TradingView</em></a><em>)</em></p> 
<p>From the above chart, we can analyze and identify the following as resistance and support levels of MultiversX (EGLD) for 2024.</p> 
<figure class="wp-block-table">
 <table>
  <tbody>
   <tr>
    <td>Resistance Level 1</td>
    <td>$48.23</td>
   </tr>
   <tr>
    <td>Resistance Level 2</td>
    <td>$74.45</td>
   </tr>
   <tr>
    <td>Support Level 1</td>
    <td>$29.18</td>
   </tr>
   <tr>
    <td>Support Level 2</td>
    <td>$20.04</td>
   </tr>
  </tbody>
 </table>
</figure> 
<p class="has-text-align-center"><em>EGLD Resistance &amp; Support Levels</em></p> 
<h2 class="wp-block-heading" id="multiversx-egld-price-prediction-2024-rvol-ma-and-rsi">MultiversX (EGLD) Price Prediction 2024 — RVOL, MA, and RSI</h2> 
<p>The technical analysis indicators such as Relative Volume (RVOL), Moving Average (MA), and Relative Strength Index (RSI) of Bitcoin (EGLD) are shown in the chart below.</p> 
<div class="wp-block-image"> 
 <figure class="aligncenter size-large">
  <img decoding="async" src="https://www.tradingview.com/x/WpmXu6hp/" alt="">
 </figure>
</div> 
<p><em>EGLD/USDT RVOL, MA, RSI (Source: </em><a href="https://www.tradingview.com/symbols/EGLDUSDT/?exchange=KUCOIN"><em>TradingView</em></a><em>)</em></p> 
<p>From the readings on the chart above, we can make the following inferences regarding the current MultiversX (EGLD) market in 2024.</p> 
<figure class="wp-block-table">
 <table>
  <tbody>
   <tr>
    <td><strong>INDICATOR</strong></td>
    <td><strong>PURPOSE</strong></td>
    <td><strong>READING</strong></td>
    <td><strong>INFERENCE</strong></td>
   </tr>
   <tr>
    <td>50-Day Moving Average (50MA)</td>
    <td>Nature of the current trend by comparing the average price over 50 days</td>
    <td>50 MA = $34.22Price = $36.67<br><em>(50MA &lt; Price)</em></td>
    <td>Bullish/Uptrend</td>
   </tr>
   <tr>
    <td>Relative Strength Index (RSI)</td>
    <td>Magnitude of price change;Analyzing oversold &amp; overbought conditions</td>
    <td>63.56<br><em>&lt;30 = Oversold</em><em><br></em><em>50-70 = Neutral</em><em>&gt;70 = Overbought</em></td>
    <td>Neutral</td>
   </tr>
   <tr>
    <td>Relative Volume (RVOL)</td>
    <td>Asset’s trading volume in relation to its recent average volumes</td>
    <td>Below cutoff line</td>
    <td>Weak volume</td>
   </tr>
  </tbody>
 </table>
</figure> 
<h2 class="wp-block-heading" id="multiversx-egld-price-prediction-2024-adx-rvi">MultiversX (EGLD) Price Prediction 2024 — ADX, RVI</h2> 
<p>In the below chart, we analyze the strength and volatility of MultiversX (EGLD) using the following technical analysis indicators — Average Directional Index (ADX) and Relative Volatility Index (RVI).</p> 
<div class="wp-block-image"> 
 <figure class="aligncenter size-large">
  <img decoding="async" src="https://www.tradingview.com/x/WpmXu6hp/ " alt="">
 </figure>
</div> 
<p><em>EGLD/USDT ADX, RVI (Source: </em><a href="https://www.tradingview.com/symbols/EGLDUSDT/?exchange=KUCOIN"><em>TradingView</em></a><em>)</em></p> 
<p>From the readings on the chart above, we can make the following inferences regarding the price momentum of MultiversX (EGLD).</p> 
<figure class="wp-block-table">
 <table>
  <tbody>
   <tr>
    <td><strong>INDICATOR</strong></td>
    <td><strong>PURPOSE</strong></td>
    <td><strong>READING</strong></td>
    <td><strong>INFERENCE</strong></td>
   </tr>
   <tr>
    <td>Average Directional Index (ADX)</td>
    <td>Strength of the trend momentum</td>
    <td>34.22</td>
    <td>Strong Trend</td>
   </tr>
   <tr>
    <td>Relative Volatility Index (RVI)</td>
    <td>Volatility over a specific period</td>
    <td>63.56<br><em>&lt;50 = Low</em><em><br></em><em>&gt;50 = High</em></td>
    <td>High volatility</td>
   </tr>
  </tbody>
 </table>
</figure>  
<h2 class="wp-block-heading" id="comparison-of-egld-with-btc-eth">Comparison of EGLD with BTC, ETH</h2> 
<p>Let us now compare the price movements of MultiversX (EGLD) with that of Bitcoin (BTC), and Ethereum (ETH).</p> 
<div class="wp-block-image"> 
 <figure class="aligncenter size-large">
  <img decoding="async" src="https://www.tradingview.com/x/sEIyDEc6/ " alt="">
 </figure>
</div> 
<p><em>BTC Vs ETH Vs EGLD Price Comparison (Source: </em><a href="https://www.tradingview.com/symbols/EGLDUSDT/?exchange=KUCOIN"><em>TradingView</em></a><em>)</em></p> 
<p>From the above chart, we can interpret that the price action of EGLD is similar to that of BTC and ETH. That is, when the price of BTC and ETH increases or decreases, the price of EGLD also increases or decreases respectively.</p> 
<h2 class="wp-block-heading" id="multiversx-egld-price-prediction-2025-2026-2030">MultiversX (EGLD) Price Prediction 2025, 2026 – 2030</h2> 
<p>With the help of the aforementioned technical analysis indicators and trend patterns, let us predict the price of MultiversX (EGLD) between 2025, 2026, 2027, 2028, 2029, and 2030.</p> 
<figure class="wp-block-table">
 <table>
  <tbody>
   <tr>
    <td><strong>Year&nbsp;</strong></td>
    <td><strong>Bullish Price&nbsp;</strong></td>
    <td><strong>Bearish Price</strong></td>
   </tr>
   <tr>
    <td>MultiversX (EGLD) Price Prediction 2025</td>
    <td>$120</td>
    <td>$30</td>
   </tr>
   <tr>
    <td>MultiversX (EGLD) Price Prediction 2026</td>
    <td>$125</td>
    <td>$22</td>
   </tr>
   <tr>
    <td>MultiversX (EGLD) Price Prediction 2027</td>
    <td>$130</td>
    <td>$46</td>
   </tr>
   <tr>
    <td>MultiversX (EGLD) Price Prediction 2028</td>
    <td>$135</td>
    <td>$34</td>
   </tr>
   <tr>
    <td>MultiversX (EGLD) Price Prediction 2029</td>
    <td>$140</td>
    <td>$52</td>
   </tr>
   <tr>
    <td>MultiversX (EGLD) Price Prediction 2030</td>
    <td>$145</td>
    <td>$20</td>
   </tr>
  </tbody>
 </table>
</figure> 
<h2 class="wp-block-heading" id="conclusion">Conclusion</h2> 
<p>If MultiversX (EGLD) establishes itself as a good investment in 2024, this year would be favorable to the cryptocurrency. In conclusion, the bullish MultiversX (EGLD) price prediction for 2024 is $74.45. Comparatively, if unfavorable sentiment is triggered, the bearish MultiversX (EGLD) price prediction for 2024 is $20.04.&nbsp;</p> 
<p>If the market momentum and investors’ sentiment positively elevates, then MultiversX (EGLD) might hit $100. Furthermore, with future upgrades and advancements in the MultiversX ecosystem, EGLD might surpass its current all-time high (ATH) of $542.58 and mark its new ATH.&nbsp;</p> 
<h2 class="wp-block-heading" id="faq">FAQ</h2> 
<h4 class="wp-block-heading">1. What is MultiversX (EGLD)?</h4> 
<p>MultiversX (EGLD) is a blockchain project associated with the Elrond ecosystem, designed to offer decentralized and versatile applications and services.&nbsp;</p> 
<h4 class="wp-block-heading" id="h-2-where-can-you-buy-multiversx-egld">2. Where can you buy MultiversX (EGLD)?</h4> 
<p>Traders can trade MultiversX (EGLD) on the following cryptocurrency exchanges such as &nbsp;Binance, OKEx, Bitfinex and BitMax.</p> 
<h4 class="wp-block-heading">3. Will MultiversX (EGLD) record a new ATH soon?</h4> 
<p>With the ongoing developments and upgrades within the MultiversX platform, MultiversX (EGLD) has a high possibility of reaching its ATH soon.</p> 
<h4 class="wp-block-heading">4. What is the current all-time high (ATH) of MultiversX (EGLD)?</h4> 
<p>MultiversX (EGLD) hit its current all-time high (ATH) of $542.58 on November 23, 2021.</p> 
<h4 class="wp-block-heading">5. What is the lowest price of MultiversX (EGLD)?</h4> 
<p>According to CoinMarketCap, EGLD hit its all-time low (ATL) of $6.54 on Oct 07, 2020.</p> 
<h4 class="wp-block-heading">6. Will MultiversX (EGLD) hit $100?</h4> 
<p>If MultiversX (EGLD) becomes one of the active cryptocurrencies that majorly maintain a bullish trend, it might rally to hit $100 soon.</p> 
<h4 class="wp-block-heading">7. What will be the MultiversX (EGLD) price by 2025?</h4> 
<p>MultiversX (EGLD) price might reach $120 by 2025.</p> 
<h4 class="wp-block-heading">8. What will be the MultiversX (EGLD) price by 2026?</h4> 
<p>MultiversX (EGLD) price might reach $125 by 2026.</p> 
<h4 class="wp-block-heading">9. What will be the MultiversX (EGLD) price by 2027?</h4> 
<p>MultiversX (EGLD) price might reach $130 by 2027.</p> 
<h4 class="wp-block-heading">10. What will be the MultiversX (EGLD) price by 2028?</h4> 
<p>MultiversX (EGLD) price might reach $135 by 2028.</p> 
<p><br><strong>Top Crypto Predictions</strong></p> 
<p><a href="https://thenewscrypto.com/the-sandbox-sand-price-prediction/">The Sandbox (SAND) Price Prediction</a></p> 
<p><a href="https://thenewscrypto.com/quant-qnt-price-prediction/">Quant (QNT) Price Prediction</a></p> 
<p><a href="https://thenewscrypto.com/pepe-pepe-price-prediction/">Pepe (PEPE) Price Prediction</a></p> 
<p><em>Disclaimer: The opinion expressed in this chart is solely the author’s. It does not represent any investment advice. TheNewsCrypto team encourages all to do their own research before investing.</em></p>

MultiversX (EGLD) Price Prediction 2024, 2025, 2026-2030

Table of Contents

TheNewsCrypto

Other articles published on Dec 18, 2023

Market Impact of Binance Listing New Cryptocurrencies

VanEck's CEO Predicts Bitcoin Highs in Dynamic Market Talk

Chainlink Seems to Be Forming an Ascending Triangle, Analyst Says This Move Can Push LINK To This...

Blockchain-powered private loans jump by over 55% to $581m in 2023

Alchemy Pay - Your Gateway to Global Fiat-Crypto Transactions

Solana (SOL) Surpasses $70 After a Year; Litecoin (LTC) & Borroe Finance ($ROE) Anticipate Signif...

Join our free newsletter for daily crypto updates!