EGLD's situation+ Target PredictionThe EGLDUSDT is in a Bullish phase by a Falling Wedge Pattern.
-A falling wedge indicates the potential for price to reach to $23.
Note if the Wedge Pattern is broken downwards with the strength of Bearish candles , this analysis of ours will be failed.
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⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
EGLDUSDT trade ideas
EGLD Eyes Tactical Rebound from Structural SupportEGLD remains in a defined macro downtrend since its $544 ATH, but the current price action is reacting once again at a key lateral trendline that has historically triggered major bullish rebounds. The ongoing bounce from this structural support suggests a potential short-term rally toward the $40 resistance zone.
We're positioning within the immediate demand zone, with close attention on price behavior at the nearby weak resistance, which could cap this relief move. A breakdown below this demand region, however, opens the door for deeper downside toward the critical support zone highlighted on the chart.
Max pain - Max gain II To be honest, I would never have expected EGLD to be at 13.8 at the same time BTC is at 83K. I will try to add some LEVERAGE at this point to boost my position.
I think in the worst case scenario we could retest the all-time low of $8 🤯
I'm not saying it will happen, I'm saying this could be the worst case scenario..
EGLD in coming days ...Currently, EGLD is forming an ascending triangle, indicating a potential price increase. It is anticipated that the price could rise, aligning with the projected price movement (AB=CD).
However, it is crucial to wait for the triangle to break before taking any action.
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✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
EGLD/USDT Analysis: Potential Reversal or Further Downside?This chart presents a technical analysis of the EGLD/USDT, using daily candlesticks. Below is a detailed breakdown of the analysis:
1. Trend Analysis
The price has been in a downtrend, moving within a descending channel.
Several consolidation zones indicate previous accumulation and distribution phases.
A key support level appears to be around $16.35, while resistance levels are marked at $21.98, $23.50, and a higher resistance zone near $40.50.
2. Current Market Position
The price is currently hovering around $18.19.
The market recently tested the lower boundary of the descending channel and is near a support zone.
A possible breakout above the descending trendline could signal a trend reversal.
3. Future Price Projection
The analysis suggests two possible scenarios:
Bullish Scenario: The price may test the support at $16.35, then rebound upwards, breaking key resistance levels at $21.98 and $23.50, ultimately heading towards the $40.50 zone.
Bearish Scenario: If the support at $16.35 fails, the price may drop further into a lower demand zone between $11 - $13 before attempting a reversal.
Conclusion
This chart outlines a potential trend reversal, provided the price successfully breaks key resistance levels. If support at $16.35 holds, an upward movement toward $40+ is possible. However, a failure to hold above this level could trigger further downside. Traders should watch for confirmation signals before making a move.
*Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Cryptocurrency markets are highly volatile, and past performance does not guarantee future results. Always conduct your own research and consult with a professional before making any investment decisions. Trade responsibly.
#EGLD/USDT#EGLD
The price is moving within a descending channel on the 1-hour frame and is expected to continue upward.
We have a trend to stabilize above the 100 moving average once again.
We have a downtrend on the RSI indicator that supports the upward move with a breakout.
We have a support area at the lower boundary of the channel at 17.19.
Entry price: 17.82
First target: 18.26
Second target: 18.76
Third target: 19.40
EGLD: Is There a Chance for Another Rally? Elliott Wave AnalysisEGLD / MultiversX: We saw a five-wave decline into the support area back in September 2023. Since then, the price has struggled to rally impulsively and has largely failed to participate in the broader bullish market. While it's still holding long-term support at $13.35, which is a positive sign, the short-term structure doesn't provide much confidence for an imminent upside reversal.
A recovery bounce is due, but for any meaningful rally to take shape, we need to see a break above $25.55. That would be the first indication that a low might be in. However, from there, we’d have to analyze the structure closely to determine whether it aligns with the yellow scenario or the more bearish orange scenario.
At this stage, there are no clear patterns suggesting a move to all-time highs. The white scenario remains speculative and is not the preferred view, though it's still valid, which is why it remains on the chart. Between yellow and orange, I remain neutral for now. The short-term trend is still down, and until $25.55 is broken, there's no confirmation of a low being in place.
EGLD Roadmap (3D)From the point where we placed the red arrow on the chart, it seems that the correction of EGLD has begun.
This correction appears to be a diamond-shaped diametric, and we are currently in wave G of this diametric, which is a bearish wave.
We expect wave G to complete within the green zone, leading to a trend reversal for several months in EGLD.
A daily candle closing below the invalidation level will invalidate this analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
EGLD/USDT 1W🩸 CRYPTOCAP:EGLD ⁀➷
#MultiversX. Macro chart Another
💯 Intermediate Target - $107
🚩 Macro Target 1 - $155
🚩 Macro Target 2 - $255
🚩 Macro Target 3 - $396
- Not financial advice, trade with caution.
#Crypto #MultiversX #EGLD #Investment
✅ Stay updated on market news and developments that may influence the price of MultiversX. Positive or negative news can significantly impact the cryptocurrency's value.
✅ Exercise patience and discipline when executing your trading plan. Avoid making impulsive decisions driven by emotions, and adhere to your strategy even during periods of market volatility.
✅ Remember that trading always involves risk, and there are no guarantees of profit. Conduct thorough research, analyze market conditions, and be prepared for various scenarios. Trade only with funds you can afford to lose and avoid excessive risk-taking.
EGLDUSDT UPDATEEGLDUSDT is a cryptocurrency trading at $24.65. Its target price is $48.00, indicating a potential 90%+ gain. The pattern is a Bullish Falling Wedge, a reversal pattern signaling a trend change. This pattern suggests the downward trend may be ending. A breakout from the wedge could lead to a strong upward move. The Bullish Falling Wedge is a positive signal, indicating a potential price surge. Investors are optimistic about EGLDUSDT's future performance. The current price may be a buying opportunity. Reaching the target price would result in significant returns. EGLDUSDT is poised for a potential breakout and substantial gains.
Ready for PUMP or what ?The price has formed a Triangle on the 4h time frame, and if it breaks out, it can drive the price up to around $27 .
Give me some energy !!
✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us.
Best regards CobraVanguard.💚
_ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
egld setup"🌟 Welcome to Golden Candle! 🌟
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Instead, they reflect our own 💭 personal attitudes and thoughts. 💭
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EGLD Ready !!!Hello Birdies,
MultiversX has broken out of the wedge pattern and is currently retesting it on the weekly chart.
The entry points are well mentioned on the chart beside if anything changed in the market.
A successful test above the pattern could trigger a rally towards targets at $55, $77, $112 and $235.
$5 drop or $5 rise ?!!!The price has formed a Triangle on the 4h time frame, and if it breaks out, it can drive the price up to around $27.
Give me some energy !!
✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us.
Best regards CobraVanguard.💚
_ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
TradeCityPro | EGLD: Navigating MultiversX's Market Dynamics👋 Welcome to TradeCityPro!
In this analysis, I want to examine the EGLD coin for you. This coin is part of the MultiversX project, which is a Layer 1 blockchain active in the fields of DeFi and the metaverse.
📅 Weekly Time Frame
In the weekly timeframe, we are observing a bearish trend that began after the 2021 bull run. After the price reached its all-time high (ATH) at 429.83, the market's downward phase started.
🔍 Currently, the price is near a crucial support at 22.23, and in this candlestick, it's closing below this level for the first time after several attempts. This area also serves as the base of the consolidation zone, and for us to maintain hope for an uptrend, the price should not settle below this level, because then there is no significant support until 7.46.
🔑 There's a hidden trend line in the chart that used to act as resistance and is now serving as support, preventing further price drops in this candlestick.
📊 The market's selling volume is increasing, indicating a greater inclination for further declines. The RSI has recently broken below 50, introducing bearish momentum into the market.
📈 If buying volume re-enters the market and the price can return above the consolidation box, and if it breaks above the box's upper boundary, the price could begin an uptrend. In such a scenario, the primary resistance levels will be 125.86, 197.30, and 429.83.
⏳ 4-Hour Time Frame
🧩 In the daily timeframe, I didn't see anything special, so I'm moving directly to the 4-hour timeframe to identify potential futures triggers.
✨ As seen, in the last bearish leg, the price moved to a support at 20.72, forming a base there, and is currently correcting from this trend. If the support at 20.72 breaks, we could witness the next downward leg.
📉 The target for this downward movement could be around the Fibonacci extension 1 area, which is located approximately at 16.34. The RSI entering the Overbuy zone could increase the likelihood of reaching this target.
🔼 For a long position, the first trigger would be 24.63, but given the bearish momentum currently seen in the market, it would be prudent to wait until the price reaches and goes above the SMA99. If the price remains above this average, the bearish momentum may decrease, making it logical to open a long position. The significant resistances in this long position would be 26.71 and 29.83.A breakout of 43.88 in the RSI could serve as a momentum entry confirmation for this position.
📝 Final Thoughts
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
EGLD/USDT – Weekly Range with FakeoutsThe EGLD/USDT pair has been trading within a well-defined range for an extended period, as highlighted in the chart. The price has been oscillating between the support and resistance levels, forming a clear consolidation zone (marked in green).
Throughout this range, we can observe multiple fakeouts—one to the upside and another to the downside—where price briefly broke out of the range only to return inside, trapping breakout traders. These false breakouts indicate liquidity hunts before the price resumes its mean-reverting behavior.
Currently, CRYPTOCAP:EGLD is testing the lower boundary of the range once again. If history repeats, we could see another reversal towards the mid-range or resistance. However, a confirmed breakdown below this zone could signal a continuation of the downtrend.
Key Levels to Watch:
• Resistance: ~$75
• Mid-Range: ~$41
• Support: ~$17
Traders should wait for confirmation before taking positions, as another fakeout is possible. A sustained close below support may indicate further downside potential, while a bounce could provide a good opportunity for range trading.
MultiversX EGLD possible 5x from now?Hello guys, this is my smart short idea. EGLD hit today good entry point.
MultiversX is a blockchain protocol that offers true horizontal scalability by using all aspects of sharding (Network, Transaction & State). The project describes itself as a technology ecosystem for the new internet, which includes decentralized finance, real world assets and the Metaverse. Its smart contracts execution platform is reportedly capable of up to 100,000 transactions per second, 6-second latency and a $0.002 transaction cost.
Total supply: 27.88M EGLD
Max. supply: 31.41M EGLD
Circulating supply: 27.82M EGLD
This year, 2025 possible move to 130 usdt. Good entry now.
Targets 250 usdt, 500 usdt? Maybe yes, maybe never.
This is only my idea guys.
This is not financial advice !
Please do your analysis and consider investing !! Thanks