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 $31.83 Sentiment Bearish Fear and Greed Index 76 (Extreme Greed) Green days 15/30 (50%) MultiversX Elrond price analysis Key takeaways: EGLD has reversed from overbought territory. It is bearish in the shorter timeframe. EGLD 1-day price analysis: EGLD corrects from December’s highs EGLD/USD price chart. Image source: TradingView EGLD reversed from overbought territory in late December, with its relative strength index (RSI) at 42.25. The price volatility has also dropped, as shown by the converging William Alligator trendlines. The candles are short as the market direction remains indecisive, and market participants are closely watching to see whether the coin will assume a bullish momentum. EGLD 4-hour price analysis: EGLD is volatile this month EGLD/USD price chart. Image source: TradingView The 4-hour chart shows EGLD’s volatile run this month. The move comes as it forms a head-shoulder pattern. The MACD histogram shows the market experiences negative momentum, suggesting a bearish market sentiment. MultiversX Elrond technical indicators: Levels and action Daily simple moving average (SMA) Period Value ($) 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. MultiversX API v1.10.0 is ready. ⚠This version comes with breaking changes – make the required changes in time. 📅 Planned production release: 22/01/2025 🛠 Full details and updates available here: https://t.co/byuPQlLim8 — CodeMultiversX (@CodeMultiversX) January 17, 2025 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 EGLD price prediction 2025 – 2031 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 MultiverseX Elrond price history: Source CoinStats 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.
