Since it first started trading in 2020, the price of EGLD, the native cryptocurrency of the MultiversX (Elrond) network, increased by 113.26%.
In this article, we are going to examine MultiversX (Elrond) price predictions for 2024, 2025, 2026, and 2030 and try to determine whether MultiversX (Elrond) can reach $ 1,000.00.
MultiversX (Elrond) price prediction key takeaways
MultiversX (Elrond) price prediction 2024
According to our MultiversX (Elrond) price prediction for 2024, EGLD is expected to trade between $ 47.59 and $ 80.19, with an average price of $ 59.04. At the end of the year, EGLD is expected to trade at $ 75.50.
MultiversX (Elrond) price prediction 2025
MultiversX (Elrond) is forecasted to reach a high of $ 80.19 next year, with an average EGLD price of $ 59.96. On the low end, MultiversX (Elrond) is expected to bottom out at $ 47.59 in 2025. By the end of the year, we could see MultiversX (Elrond) change hands at $ 74.71.
MultiversX (Elrond) price prediction 2026
In 2026, MultiversX (Elrond) could see a peak price of $ 155.37 and a low of $ 48.84. The average MultiversX (Elrond) price prediction for 2026 is $ 78.65. By year’s end, EGLD is expected to trade at $ 70.40.
MultiversX (Elrond) price prediction 2030
On a longer time scale, our MultiversX (Elrond) price forecast for 2030 projects EGLD to reach a maximum price of $ 156.10. Conversely, EGLD could trade as low as $ 25.62 during the year, whereas the average MultiversX (Elrond) price is predicted to move around $ 63.80. By the end of 2030, MultiversX (Elrond) is predicted to trade at $ 34.27.
MultiversX (Elrond) (EGLD) overview
| Cryptocurrency | MultiversX (Elrond) |
|---|---|
| Ticker | EGLD |
| Market Cap | $ 1.12B |
| 24H Trading Volume | $ 103.04M |
| Circulating Supply | 23.74M |
| Total Supply | 31.42M |
| 7-Day Price Change | -13.14% |
| 1-Month Price Change | 58.91% |
| 1-Year Change | -21.43% |
| MultiversX (Elrond) ROI | 113.26% |
| All-Time High | $ 541.18 |
| All-Time Low | $ 6.52 |
With a circulating supply of 23.74M EGLD, the MultiversX (Elrond) cryptocurrency project commands a market cap of $ 1.12B, good for the 103rd spot in the crypto market.
In the last 24 hours, $ 103.04M worth of EGLD changed hands across 60 crypto exchanges, with Binance accounting for the largest share of EGLD trading volume.
MultiversX (Elrond) price history
The price of MultiversX (Elrond) has been trending in the negative direction in the past 24 hours, decreasing by -2.56% to $ 47.12. In the past week, MultiversX (Elrond)’s price lost -13.14%.
In addition, MultiversX (Elrond) gained 58.91% in the past month, having traded in the green zone in 23 of the last 30 days.
On a longer time horizon, Cardano saw positive price activity in the last 3 months, underscored by the 58.91% move to the top. Meanwhile, the price of EGLD decreased by -21.43% in the past year. Overall, MultiversX (Elrond) is trading up 113.26% since it first started trading in 2020.
MultiversX (Elrond) technical analysis
Based on technical indicators tracked by InvestMage, investor sentiment regarding MultiversX (Elrond) is currently bearish, with extremely high volatility score of 22.31% (volatility is a measure of an asset’s price fluctuations).
MultiversX (Elrond) is changing hands below the 200-day simple moving average (SMA), a common bullish signal. Also, the price of EGLD is currently below the 50-day SMA, which is widely regarded as a bullish indicator.
The Fear & Greed Index, a popular measure of market sentiment, is 83 (Extreme Greed). Meanwhile, RSI (Relative Strength Index), a popular market momentum indicator, is at 62.08, indicating that EGLD is changing hands in undervalued zone. Overall, there are 19 technical analysis indicators that indicate bullish market activity, and 12 that forecast bearish activity for MultiversX (Elrond).
MultiversX (Elrond) price predictions 2024-2030
| Year | Minimum Price | Average Price | Maximum Price |
|---|---|---|---|
| 2024 | $ 47.59 | $ 59.04 | $ 80.19 |
| 2024 | $ 47.59 | $ 59.96 | $ 80.19 |
| 2025 | $ 48.84 | $ 78.65 | $ 155.37 |
| 2026 | $ 41.50 | $ 53.74 | $ 82.88 |
| 2027 | $ 39.01 | $ 42.94 | $ 51.64 |
| 2028 | $ 38.90 | $ 45.53 | $ 147.61 |
| 2029 | $ 48.76 | $ 142.73 | $ 384.63 |
According to our long-term MultiversX (Elrond) prediction, the cryptocurrency is expected to reach a high point of $ 384.63 at some point in October 2029. On the other end of the spectrum, MultiversX (Elrond) could bottom out at $ 5.41 in October 2056. Per the prediction, MultiversX (Elrond) will have the highest average price of $ 142.73 in 2029.
With a brief overview of MultiversX (Elrond) price predictions for 2024 to 2030 in the rearview mirror, let’s dive deeper into separate yearly price predictions for EGLD.
MultiversX (Elrond) price prediction 2025
| Month | Minimum Price | Average Price | Maximum Price |
|---|---|---|---|
| December | $ 47.59 | $ 59.96 | $ 80.19 |
In 2025, MultiversX (Elrond) is forecasted to trade in a price channel between $ 47.59 and $ 80.19. On average, EGLD is expected to change hands at $ 59.96 during the year. The most bullish month per EGLD could be December, when the currency could trade 70.2% higher than today.
MultiversX (Elrond) price prediction 2026
| Month | Minimum Price | Average Price | Maximum Price |
|---|---|---|---|
| January | $ 60.94 | $ 67.62 | $ 71.61 |
| February | $ 64.21 | $ 71.80 | $ 89.46 |
| March | $ 70.92 | $ 79.24 | $ 89.18 |
| April | $ 54.96 | $ 61.16 | $ 75.31 |
| May | $ 48.84 | $ 53.44 | $ 57.77 |
| June | $ 50.61 | $ 55.08 | $ 63.27 |
| July | $ 65.16 | $ 70.40 | $ 77.39 |
| August | $ 73.05 | $ 90.65 | $ 101.94 |
| September | $ 90.15 | $ 97.78 | $ 111.41 |
| November | $ 106.58 | $ 122.26 | $ 155.37 |
| December | $ 92.17 | $ 97.08 | $ 108.65 |
| December | $ 64.59 | $ 76.38 | $ 92.14 |
Generally speaking, MultiversX (Elrond) price prediction for 2026 is bullish. The EGLD cryptocurrency is forecasted to hit a high point of $ 155.37 in October and reach a low of $ 48.84 in May. Overall, MultiversX (Elrond) is expected to trade at an average price of $ 78.65 in 2026.
MultiversX (Elrond) price prediction 2030
| Month | Minimum Price | Average Price | Maximum Price |
|---|---|---|---|
| February | $ 104.13 | $ 126.43 | $ 154.40 |
| February | $ 102.96 | $ 131.80 | $ 156.10 |
| April | $ 98.04 | $ 121.98 | $ 150.13 |
| April | $ 53.57 | $ 74.00 | $ 102.53 |
| May | $ 33.33 | $ 45.51 | $ 60.19 |
| June | $ 38.94 | $ 42.71 | $ 46.83 |
| August | $ 40.13 | $ 45.98 | $ 51.73 |
| September | $ 36.19 | $ 39.16 | $ 42.44 |
| September | $ 36.89 | $ 42.44 | $ 44.90 |
| October | $ 31.78 | $ 38.12 | $ 47.25 |
| December | $ 26.27 | $ 32.12 | $ 35.52 |
| December | $ 25.62 | $ 28.70 | $ 34.27 |
In the long term, MultiversX (Elrond) could reach a price of $ 156.10 in February. That’s a rather optimistic scenario, as EGLD could trade as low as $ 25.62 in December. Overall, EGLD’s price is projected to hover at around $ 63.80 in 2030, about 35.41% above the current price of $ 47.12.
MultiversX (Elrond) price prediction FAQs
According to InvestMage’s prediction, MultiversX (Elrond) could gain as much as 716.36% by 2029, making it a potentially good investment. Keep in mind that the prediction is not set in stone and we could easily see MultiversX (Elrond) either surpass or not reach the price targets outlined in this article.
MultiversX (Elrond) would need to gain 2,122.45% to reach $ 1,000.00.
In 2024, MultiversX (Elrond) is predicted to trade in a price range between $ 80.19 and $ 47.59, with the average price being $ 59.04. The average price is about 25.3% higher than MultiversX (Elrond)’s current price.
MultiversX (Elrond) is projected to trade in a price range between $ 80.19 and $ 47.59, with the average price of $ 59.96 throughout the year. The price of MultiversX (Elrond) is expected to increase by 27.26% in 2024 (compared to MultiversX (Elrond)’s current price).
MultiversX (Elrond) is forecasted to change hands in a price channel bound by $ 155.37 on the high end and $ 48.84 on the low end. MultiversX (Elrond) is expected to have an average price of $ 59.96 in 2026, which is about 66.92% higher than MultiversX (Elrond)’s current price of $ 47.12.
The MultiversX (Elrond) price algorithm predicts that EGLD will move between $ 156.10 and $ 25.62 in 2030, with the average price being $ 63.80, about 35.41% higher compared to EGLD’s current price.
According to the InvestMage predictions, MultiversX (Elrond) is expected to go up in value by 27.26% by next year. In 2025, the EGLD cryptocurrency could trade up 66.92% compared to today. By 2030, MultiversX (Elrond)’s price is expected to increase by 35.41%, and reach $ 63.80.
The price of MultiversX (Elrond) is algorithmically predicted using historical market price data for EGLD and a combination of technical indicators, including RSI, Stoch RSI, SMA50, SMA200, EMA, and several others.
About the Author: Dave N. Clarke
