MultiversX Price Prediction: Is this a buyers trap or a trend?

  •  MultiversX(EGLD) is trading at a price of $35.56 with a Market Cap of $913,306,471.
  • The Volume for  MultiversX rose by +33.30% in the last 24 hours resulting in $13,222,787.
  • Based on the current activity the volume/MarketCap liquidity for  MultiversX is 1.45%.

MultiversX(EGLD) has been trading with a low/high range of $33.83/35.70 in the last 24 hours.  MultiversX is also making higher highs in very recent times indicating the presence of buyers.

MultiverseX coin is a general term for different projects connected to the idea of a multiverse, a set of linked virtual worlds or metaverses.

The all-time high price for  MultiversX is $545.64 and the market is currently trading with a decline of -93.47% from the all-time high formed on Nov 23, 2021. The Market Cap dominance for  MultiversX is 0.074% as per

Golem Network Technical Analysis


Market Structure:

  After declining for a very long period the Multiverse Value reduced by -93% and dropped to the level of 28.07 but recently the market started to rebound and create a higher high structure resulting in bullish momentum, if buyers continue to push the market, we can see new higher highs in the upcoming days.

  MultiversX Indicator Analysis

MultiversX Indicator Analysis
Source: EGLDUSD. COINBASE.1D by TradingView


 MultiversX(EGLD) is currently trading above the 20-day and 50-day Exponential moving average which can result in an uptrend if we get to see a bullish crossover in the upcoming days.


 The RSI is rising from the oversold area and is sustaining above the 50 levels, representing strength in the market and the presence of buyers in the EGLD crypto.


Based upon the current charts, EGLD has been consecutively making higher highs in recent times resulting in an uptrend and contraction of EMA’s. The market is also sustaining above the moving average which in the future can result in a bullish crossover. If buyers continue to push the price then we can see new higher prices in the future.

Technical Levels

  • Support Level – 32.29 and 28.85
  • Resistance Level – 36.40, 40.90 and 44.10


The information in this article, including the views and opinions expressed by the author or any individuals mentioned, is intended for informational purposes only. It is important to note that the article does not provide financial or investment advice. Investing or trading in cryptocurrency assets carries inherent risks and can result in financial loss.

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