Key takeaways:
- Our EGLD price prediction anticipates a high of $48.10 by the end of 2025.
- In 2027, it will range between $66.90 and $83.52, with an average price of $69.36.
- In 2030, it will range between $205.09 and $257.59, with an average price of $212.70.
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.
Overview
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 |
MultiversX Elrond price prediction: Technical analysis
Metric | Value |
Volatility (30-day variation) | 4.92% |
50-day SMA | $39.74 |
200-day SMA | $31.83 |
Sentiment | Bearish |
Fear and Greed Index | 76 (Extreme Greed) |
Green days | 15/30 (50%) |
MultiversX Elrond price analysis
Key takeaways:
- EGLD has reversed from overbought territory.
- It is bearish in the shorter timeframe.
EGLD 1-day price analysis: EGLD corrects from December’s highs
EGLD reversed from overbought territory in late December, with its relative strength index (RSI) at 42.25. The price volatility has also dropped, as shown by the converging William Alligator trendlines. The candles are short as the market direction remains indecisive, and market participants are closely watching to see whether the coin will assume a bullish momentum.
EGLD 4-hour price analysis: EGLD is volatile this month
The 4-hour chart shows EGLD’s volatile run this month. The move comes as it forms a head-shoulder pattern. The MACD histogram shows the market experiences negative momentum, suggesting a bearish market sentiment.
MultiversX Elrond technical indicators: Levels and action
Daily simple moving average (SMA)
Period | Value ($) | 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 |
Daily exponential moving average (EMA)
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 |
Is MultiversX EGLD a good investment?
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.
What can we expect from EGLD price analysis next?
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.
Why is EGLD down?
EGLD is trading downwards, the crypto market capitalization is also dropping. The drop in EGLD value could be attributed to the general market sentiment.
Will EGLD reach $50?
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.
Will EGLD reach $100?
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.
Will EGLD reach $1,000?
Per the Cryptopolitan price prediction, it remains highly unlikely that EGLD will get to $1,000 before 2030.
Does EGLD have a good long-term future?
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.
Recent news
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.
Elrond price prediction January 2025
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 |
MultiversX price prediction 2025
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 |
MultiversX Elrond price predictions 2026 – 2031
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 |
EGLD price prediction 2026
The Elrond price prediction estimates it will range between $47.45 and $56.15, with an average price of $49.14.
EGLD price prediction 2027
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.
EGLD price prediction 2028
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.
EGLD price prediction 2029
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.
EGLD price prediction 2030
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.
EGLD price prediction 2031
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.
MultiversX market price prediction: Analysts’ EGLD price prediction
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 |
Cryptopolitan EGLD price prediction
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.
MultiverseX Elrond historic price sentiment
- Binance held the Elrond token sale on its launchpad between July and August 2019.
- The initial listed price on Coinmarketcap is $17.67.
- After listing, it quickly gained value and peaked at $226 in April before correcting.
- It had its best performance in the 2021 bull run. On November 23, it registered its all-time high at $542.58.
- In the 2022 crypto winter, it shed all its earlier gains. The year closed at $33.
- In 2023, it maintained a gradual bear run until October, when it started recovering from a low of $23.
- The recovery continued into Q1 2024, peaking at $75.11. It corrected from Q2 2024 falling to as low as $22.50 in November.
- The trend reversed into December rising to a high of $55.80. It corrected into 2025 and traded at $32.50 in January.