the demand for the asset price advances
The EGLD asset has exhibited bullish strength from the key support and rising capacity as it approaches the major dynamic EMA bands from below.
Similarly, the Multiversx (EGLD) asset has displayed bullish behavior, as MACD showed a growing histogram at 0.56, with a strong bullish cross. The RSI headed for overbought jumping from 14 SMA, which flashed at 52.40 (at press time).
Therefore, if the demand for the asset price advances, the EGLD asset price could bounce back from the current level. The next nearest target in the rally would be to reach $37, and $45, respectively.
However, if the MultiversX crypto price fails to stay above the $26.95 level, it could decline further towards $22.38, as well. So Investor's should stay cautious (DYOR).
Similarly, the Multiversx (EGLD) asset has displayed bullish behavior, as MACD showed a growing histogram at 0.56, with a strong bullish cross. The RSI headed for overbought jumping from 14 SMA, which flashed at 52.40 (at press time).
Therefore, if the demand for the asset price advances, the EGLD asset price could bounce back from the current level. The next nearest target in the rally would be to reach $37, and $45, respectively.
However, if the MultiversX crypto price fails to stay above the $26.95 level, it could decline further towards $22.38, as well. So Investor's should stay cautious (DYOR).
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.