MultiversX (EGLD) Pattern Could Put an End to 93% Price Slide

While the MultiversX (EGLD) price is trading inside a bullish pattern, it has to break out from it and move above $41.50 to confirm the bullish reversal. The post MultiversX (EGLD) Pattern Could Put an End to 93% Price Slide appeared first on BeInCrypto.

Timeline of Elrond-egld

The year 2022 is drawing to a close, and all that's left to do is examine the charts of various cryptocurrencies in order to get an idea of how these assets will behave in the not-too-distant future.

Elron rebranded as a metaverse-focused project and changed its name to MultiverseX Its DEX, Maiar, also initiated its transition into xExchange Formerly referred to as Elrond [EGLD], the month so far has been marked by a series of significant ecosystem updates for MultiverseX.

Blockchain-focused firm Elrond has announced that it is taking a new dive into the metaverse of the crypto sector. According to its announcement, the company noted that it would henceforth continue under the “MultiversX” banner.

November 4, 2022 – Sibiu, Romania Elrond, the startup building internet scale blockchain technology, announces its transformation into MultiversX. The company thus expands its mission of building the new internet economy to include the digital meta-space frontier. The metaverse-forward company introduces three new products as the pillars for its evolution.

The Elrond (EGLD) price is increasing alongside an ascending support line and is ready to attempt breaking out above $62.50. The post Elrond (EGLD) Price Holds Steady Ahead of Fed Meeting – Is a Breakout Incoming?

From its inception to this very day, the phenomenon of cryptocurrencies has seen a dramatic surge in acceptability and scalability by the general public. Do you understand that this cannot happen overnight? There must be an explanation.

The risks associated with every crypto purchase have increased due to the bear market condition. Crypto enthusiasts have found it hard to make a profitable purchase in the past months.

Elrond (EGLD) price is expected to break out from the $56.50 resistance area and accelerate its rate of increase afterward The post Elrond (EGLD) Price Breakout Could Lead to a 30% Increase appeared first on BeInCrypto.

Due to Elrond [EGLD] shillings and giveaways that have made rounds on Telegram, the crypto asset has recorded a surge in its social activity since 18 October, data from Santiment asserted. As of this writing, “Elrond” ranked third on Santiment's list of top ten trending crypto words.

Amid the recent relief rally in the crypto market, the Elrond coin price bounced back from the $51.8 support and surged 11.5% higher. This development allowed buyers to rechallenge the $58 neckline resistance of a cup and handle pattern.