MultiversX Elrond price prediction 2024-2030: Will EGLD reach $1000?
Key takeaways:
- Our EGLD price prediction anticipates a high of $60.91 by the end of 2024.
- In 2025, it will range between $80.86 and $94.30, with an average price of $83.63.
- In 2030, it will range between $543.76 and $638.98, with an average price of $562.
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 | $36.00 |
| Market cap | $979,659,433 |
| Trading volume | $24,819,861 |
| Circulating supply | 27,204,641 |
| All-time low | $6.54 on Oct 7, 2020 |
| All-time high | $542.58 on Nov 23, 2021 |
| 24-hour high | $36.75 |
| 24-hour low | $34.91 |
MuultiversX Elrond price prediction: Technical analysis
| Metric | Value |
| Volatility (30-day variation) | 9.72% |
| 50-day SMA | $34.00 |
| 200-day SMA | $48.86 |
| Sentiment | Neutral |
| Fear and Greed Index | 74 (Greed) |
| Green days | 16/30 (35%) |
EGLD price analysis
Key takeaways:
- EGLD has reversed from oversold territory.
- It is consolidating in the shorter timeframe.
EGLD 1-day price analysis: EGLD rises from June’s lows
EGLD has reversed from oversold territory, with its relative strength index (RSI) at 57.05. The price volatility has also dropped, as shown by the converging William Alligator trendlines. The candles are short as the market direction remains indecisive, and market participants are closely watching to see whether the coin will assume a bullish momentum.
EGLD 4-hour price analysis: EGLD is bullish this month
The 4-hour chart shows EGLD’s bullish run this month. The move comes as it forms a head-shoulder pattern. The prices in this time frame are consolidated despite rising negative momentum.
EGLD technical analysis: Levels and action
Daily simple moving average (SMA)
| Period | Value ($) | Action |
| SMA 3 | 34.80 | BUY |
| SMA 5 | 35.01 | BUY |
| SMA 10 | 35.66 | BUY |
| SMA 21 | 34.19 | BUY |
| SMA 50 | 34.00 | BUY |
| SMA 100 | 37.80 | SELL |
| SMA 200 | 48.86 | SELL |
Daily exponential moving average (EMA)
| Period | Value ($) | Action |
| EMA 3 | 33.40 | BUY |
| EMA 5 | 32.22 | BUY |
| EMA 10 | 31.29 | BUY |
| EMA 21 | 32.01 | BUY |
| EMA 50 | 35.47 | BUY |
| EMA 100 | 40.42 | SELL |
| EMA 200 | 44.02 | 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 neutral 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 is not apparent.
Why is EGLD up?
EGLD is trading upwards, the crypto market capitalization is also recovering. The rise in EGLD value could be attributed to the general market sentiment.
Will EGLD reach $50?
Yes, EGLD should rise above $10 before the year ends. The move will come as the market recovers to previous highs.
Will EGLD reach $100?
According to the Cryptopolitan price prediction, EGLD will reach $100 in 2026. During the year, the price will range between $116.14 and $143.29.
Will EGLD reach $1000?
Per the Cryptopolitan price prediction, it remains highly unlikely that EGLD will get to $1000 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/ opinions
Bitstamp crypto has added two fiat pairs for buying EGLD: USD or EUR. This allows its more than 5 million users across 100+ countries to explore and engage with the MultiversX ecosystem.
EGLD price prediction for July 2024
The EGLD price forecast for July is a maximum price of $38.24 and a minimum price of $29.65 The average price for the month will be $35.87
| Month | Potential low ($) | Potential average ($) | Potential high ($) |
| July | 29.65 | 35.87 | 38.24 |
EGLD price prediction 2024
For the second half of 2024, EGLD’s price will range between $29.65 and $60.91. The average price for the period will be $55.36.
| Year | Potential low ($) | Potential average ($) | Potential high ($) |
| 2024 | 29.65 | 55.36 | 60.91 |
EGLD price prediction 2025 – 2030
| Year | Potential low ($) | Potential average ($) | Potential high ($) |
| 2025 | 80.86 | 83.63 | 94.30 |
| 2026 | 116.14 | 120.32 | 143.29 |
| 2027 | 179.27 | 185.29 | 208.75 |
| 2028 | 257.35 | 266.62 | 308.84 |
| 2029 | 369.22 | 379.88 | 454.52 |
| 2030 | 543.76 | 562.75 | 638.98 |
EGLD price prediction 2025
The MultiversX price prediction for 2025 is a high of $94.30. It will reach a minimum price of $80.86 and an average price of $83.63.
EGLD price prediction 2026
The Elrond price prediction estimates it will range between $116.14 and $143.29, with an average price of $120.32.
EGLD price prediction 2027
Elrond price predictions climb even higher into 2026. According to the predictions, it will range between $179.27 and $208.75, with an average price of $185.29.
EGLD price prediction 2028
Our analysis indicates a further acceleration of EGLD’s price. It will trade between $257.35 and $308.84, with an average price of $266.62.
EGLD price prediction 2029
According to the Elrond price prediction for 2029, the price of Elrond will range between $369.22 and $454.52, with an average price of $379.88.
EGLD price prediction 2030
According to the Elrond price prediction for 2030, the price of EGLD will range between $543.76 and $638.98, with an average price of $562.75.
EGLD market price prediction: Analysts MultiversX EGLD price forecast
| Platform | 2024 | 2025 | 2026 |
| Digitalcoinprice | $76.69 | $89.56 | $126.50 |
| Changelly | $44.65 | $64.24 | $92.44 |
| Gate.io | $36.14 | $44.45 | $50.23 |
Cryptopolitan’s Elrond price prediction
Our predictions show that EGLD will achieve a high of $60.91 in the second half of 2024. In 2025, it will range between $80.86 and $94.30, with an average of $83.63. In 2030, it will range between $543.76 and $638.98, with an average price of $562.75. Note the predictions are not investment advice. Seek independent professional consultation or do your research.
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 in Q2 2024 and trades at $36.
