Key takeaways:
In November 2022, Elrond rebranded into MultiversX by introducing new metaverse-forward products. MultiversX encompasses the drive to explore new frontiers and deploy the building blocks on which emerging technologies, including blockchain, fintech, the Metaverse, and AI, can achieve their full potential. The objective is to construct an architecture to connect existing and future environments and pave the way toward efficient and secure interactions and exchanges in everyday life.
EGLD network continues to build decentralized applications and tools for developers. But how about EGLD’s performance? How high will it go? Is EGLD a good investment? Let’s explore these questions in our Cryptopolitan price predictions from 2024 to 2030.
Cryptocurrency | MultiversX |
Ticker | EGLD |
Current price | $32.50 |
Market cap | $902.77M |
Trading volume | $107.36M |
Circulating supply | 27.78M |
All-time high | $542.58 on Nov 23, 2021 |
All-time low | $6.54 on Oct 7, 2020 |
24-hour high | $35.52 |
24-hour low | $30.51 |
Metric | Value |
Volatility (30-day variation) | 4.92% |
50-day SMA | $39.74 |
200-day SMA | $31.83 |
Sentiment | Bearish |
Fear and Greed Index | 76 (Extreme Greed) |
Green days | 15/30 (50%) |
Key takeaways:
EGLD reversed from overbought territory in late December, with its relative strength index (RSI) at 42.25. The price volatility has also dropped, as shown by the converging William Alligator trendlines. The candles are short as the market direction remains indecisive, and market participants are closely watching to see whether the coin will assume a bullish momentum.
The 4-hour chart shows EGLD’s volatile run this month. The move comes as it forms a head-shoulder pattern. The MACD histogram shows the market experiences negative momentum, suggesting a bearish market sentiment.
Period | Value ($) | Action |
SMA 3 | 34.89 | SELL |
SMA 5 | 35.44 | SELL |
SMA 10 | 35.00 | SELL |
SMA 21 | 35.08 | SELL |
SMA 50 | 39.74 | SELL |
SMA100 | 34.17 | SELL |
SMA 200 | 31.83 | BUY |
Period | Value ($) | Action |
EMA 3 | 33.18 | SELL |
EMA 5 | 33.35 | SELL |
EMA 10 | 34.03 | SELL |
EMA 21 | 35.34 | SELL |
EMA 50 | 36.41 | SELL |
EMA 100 | 35.15 | SELL |
EMA 200 | 34.89 | SELL |
MultiversX is a distributed blockchain network for next-gen applications. It is decentralized via 3,000+ nodes, scalable through sharding, fast, secure, and green, making it a good investment for decentralized applications.
Our analysis shows bearish current sentiment, while the Fear and Greed Index shows investors are greedy. The charts show EGLD trading sideways, and the direction of the next breakout seems bearish.
EGLD is trading downwards, the crypto market capitalization is also dropping. The drop in EGLD value could be attributed to the general market sentiment.
According to the Cryptopolitan price prediction, EGLD will reach $50 in 2026. During the year, the price will range between $47.45 and $56.15.
According to the Cryptopolitan price prediction, EGLD will reach $100 in 2028. During the year, the price will range between $102.31 and $115.58.
Per the Cryptopolitan price prediction, it remains highly unlikely that EGLD will get to $1,000 before 2030.
According to Cryptopolitan price predictions, EGLD will trade higher in years to come. However, factors like market crashes or difficult regulations could invalidate this bullish theory.
MultiversX is launching a better version of its API this January with better performance and features including account multi-query and dynamic NFT subtype filters.
The EGLD price forecast for July is a maximum price of $38.19 and a minimum price of $30.13 The average price for the month will be $34.43.
Month | Potential low ($) | Potential average ($) | Potential high ($) |
January | 30.13 | 34.43 | 38.19 |
For 2025, EGLD’s price will range between $24.14 and $48.10. The average price for the period will be $32.36.
Year | Potential low ($) | Potential average ($) | Potential high ($) |
2025 | 24.14 | 32.36 | 48.10 |
Year | Potential low ($) | Potential average ($) | Potential high ($ ) |
2026 | 47.45 | 49.14 | 56.15 |
2027 | 66.90 | 69.36 | 83.52 |
2028 | 102.31 | 105.78 | 115.58 |
2029 | 146.91 | 152.20 | 177.22 |
2030 | 205.09 | 212.70 | 257.59 |
2031 | 285.87 | 294.38 | 358.85 |
The Elrond price prediction estimates it will range between $47.45 and $56.15, with an average price of $49.14.
Elrond price predictions climb even higher into 2026. According to the predictions, it will range between $66.90 and $83.52, with an average price of $69.36.
Our analysis indicates a further acceleration of EGLD’s price. It will trade between $102.31 and $115.58, with an average price of $105.78.
According to the Elrond price prediction for 2029, the price of Elrond will range between $146.91 and $177.22, with an average price of $152.20.
According to the Elrond price prediction for 2030, the price of EGLD will range between $205.09 and $257.59, with an average price of $212.70.
The MultiversX price prediction for 2031 is a high of $358.85. It will reach a minimum price of $285.87 and an average price of $294.38.
Platform | 2025 | 2026 | 2027 |
Digitalcoinprice | $66.82 | $76.72 | $105.01 |
Changelly | $40.97 | $58.94 | $83.18 |
Gate.io | $32.57 | $33.22 | $41.02 |
Our predictions show that EGLD will achieve a high of $48.10 in 2025. In 2027, it will range between $66.90 and $83.52, with an average of $69.36. In 2030, it will range between $205.09 and $257.59, with an average price of $212.70. Note the predictions are not investment advice. Seek independent professional consultation or do your research.