 (EGLD) in the coming years. Will EGLD become a good investment? Find out here.){kind=link}
- Bullish MultiversX (Elrond) price prediction ranges from $35 to $64.
- Analysis suggests that EGLD price might reach above $75 soon.
- Elrond’s bearish market price prediction for 2022 is $30.
Aside from Bitcoin (BTC) and Ethereum (ETH), there are other digital currencies worth considering for people looking to diversify their portfolios and get experience with new cryptocurrencies. Elrond (EGLD) is one of them.
Elrond’s cryptocurrency, EGLD, is essential for network maintenance and may be used for sending, rewarding network contributors, and running smart contracts. By holding and staking EGLD, users have the ability to cast votes on network enhancements and are rewarded with freshly minted EGL in proportion to the amount staked.
If you are interested in the future of EGLD and want to know its predicted value for 2022, 2023, 2024, 2025, and 2030, keep reading!
Table of contents
- MultiversX (Elrond) (EGLD) Overview
- What Is MultiversX (Elrond) (EGLD)?
- Analysts’ Views on MultiversX (Elrond) (EGLD)
- MultiversX (Elrond) (EGLD) Current Market Status
- MultiversX (Elrond) (EGLD) Price Analysis 2023
- MultiversX (Elrond) (EGLD) Price Prediction 2023
- MultiversX (Elrond) (EGLD) Price Prediction 2024
- MultiversX (Elrond) (EGLD) Price Prediction 2025
- MultiversX (Elrond) (EGLD) Price Prediction 2026
- MultiversX (Elrond) (EGLD) Price Prediction 2027
- MultiversX (Elrond) (EGLD) Price Prediction 2028
- MultiversX (Elrond) (EGLD) Price Prediction 2029
- MultiversX (Elrond) (EGLD) Price Prediction 2030
- MultiversX (Elrond) (EGLD) Price Prediction 2040
- MultiversX (Elrond) (EGLD) Price Prediction 2050
- Conclusion
- FAQ
- More Crypto Price Predictions:
MultiversX (Elrond) (EGLD) Overview
| Coin Name | MultiversX (Elrond) |
| Symbol | EGLD |
| Rank | #39 |
| Price (USD) | $44.27 |
| Market Cap | $1,053,382,632.54 |
| All Time High | $542.58 |
| All Time Low | $6.54 |
| Circulating Supply | 23,793,453 EGLD |
| Total Supply | 23,016,298 EGLD |
What Is MultiversX (Elrond) (EGLD)?
Elrond is a blockchain protocol that utilizes sharding to provide incredibly fast transaction rates. The project identifies itself as a technology ecosystem for the future internet, including fintech, decentralized finance, and the Internet of Things. Its infrastructure for executing smart contracts supposedly supports 15,000 transactions per second, six-second latency, and a transaction cost of $0.001. The native token of the blockchain is eGold (EGLD), which is utilized for paying network fees, staking, and rewarding validators.
Elrond promotes itself as a blockchain-based platform for the new internet economy, decentralized applications, and enterprise applications. It is the first blockchain network to include state, network, and transaction sharding. Its primary selling point is its tremendous scalability. According to its whitepaper, the company intends to develop its ecosystem and create EGLD as a store of value.
Elrond uses what it calls a secure proof-of-stake consensus algorithm, in which nodes must stake their EGLD tokens to take part in the validation process. Each validator is also given a rating score based on their past actions, which affects whether or not they are chosen. If a validator’s score gets too low, it won’t be chosen and will have to pay fines. Validators can also be kicked off the network and have their stakes cut if they keep doing things that hurt the network’s integrity.
Validators are chosen at random in a way that can’t be predicted or changed based on the previous round of validations. Also, validators are shuffled around between shards regularly to prevent collusion. Nodes communicate to each other using modified Boneh-Lynn-Shacham, or BLS, multi-signatures for strong cryptographic protection.
Analysts’ Views on MultiversX (Elrond) (EGLD)
According to the co-founder of MultiversX (Elrond), Lucian Mincu mentioned that Elrond can be traded on the Coinbase cryptocurrency exchange and has the most trading volume in the US. This can lead to the bull run of Elrond and we can expect Elrond to reach a high level of trading volume and price.
This latest announcement follows a series of strategic listings for EGLD, most notably in the US market. It marks an important milestone in building a highly performant, scalable, and secure technology backbone that enables radically new applications for users, businesses, society, and the new metaverse frontier.
According to another crypto analyst, Strong on Twitter mentioned that the market is in the depression moment where a lot of investors and traders are going out from the market. But sooner after they leave, the market will lead to a bull run according to the psychology of the market. He even compared it with the Elrond chart, where we can clearly see the market state of Elrond.
MultiversX (Elrond) (EGLD) Current Market Status
According to CoinMarketCap, MultiversX (Elrond) is currently trading at $44.89, with 23,789,249 Elrond in circulation. Elrond has a 24-hour trading volume of $23,789,249, and during the previous 24 hours, the price of Elrond has increased by 3.07%.
At the moment, the most popular exchanges to trade MultiversX (Elrond) are Binance, Bithumb, Kucoin, Kraken, Bitfinex, and ByBit. Let’s continue with our Elrond price research for 2022.
MultiversX (Elrond) (EGLD) Price Analysis 2023
Currently, Elrond ranks 39th on CoinMarketCap’s list of the biggest cryptocurrencies by market capitalization. Will Elrond’s most recent improvements, additions, and modifications help its price rise? Let’s focus on the charts in this article’s Elrond price forecast first.
Elrond (EGLD) Price Analysis – Keltner Channel
When volatility bands are positioned on either side of an asset’s price, it is possible to determine the direction of a trend with the help of the Keltner Channel. The price of MultiversX (Elrond) can be predicted using the Keltner Channel indications for Elrond/USDT. MulitversX is trying to rise to the first half of the channel, indicating that the market is trying for a reversal. Even after establishing a new trend, it is often smart to wait for a downturn or a better entry point to improve the reward-to-risk ratio.
Elrond (EGLD) Price Analysis – Relative Strength Index
In technical analysis, the relative strength index (RSI) is a momentum indicator. The RSI examines the speed and amplitude of a security’s recent price swings to determine if it is overvalued or undervalued. The RSI value of the 1-Day chart is 25.25. A movement below 50 indicates that more traders are selling Elrond rather than buying, driving the price down. An RSI value of 25.25 defines that Elrond is currently in an oversold region where we can expect a trend reversal.
Elrond (EGLD) Price Analysis – Moving Average
Above is a daily chart of MultiversX (Elrond) 200-day and 50-day Moving Averages (MAs). Looking at the chart above, Elrond is now running sideways. The Elrond 50-day MA is below the 200-day MA (long-term), indicating that the market is entirely bearish. However, the distance between the two moving averages is getting narrow which shows the possibility of a trend reversal. If the candlesticks above to rise above both 50 and 200-day MA, the market will be bullish. But nonetheless, the candlesticks are below 200-day MA, we can observe that the selling pressure is still going on and unable to reverse the trend.
MultiversX (Elrond) (EGLD) Price Prediction 2023
By looking at the daily chart of Elrond/USDT, the Elrond price was swinging from $38.14 to $69.68 after touching the support level of $38.6-$35. Bouncing back from the support level, Elrond is now going inside a descending triangle. We can expect the market to break out from the triangle soon.
Meanwhile, our long-term Elrond price prediction for 2022 is bullish since it cannot break the support level. We can expect Elrond to reach $60.32 in 2023
| Month | Minimum Price | Average Price | Maximum Price |
| January 2023 | 47.979 | 48.000 | 48.023 |
| February 2023 | 48.690 | 48.990 | 49.019 |
| March 2023 | 49.560 | 49.810 | 49.870 |
| April 2023 | 50.530 | 50.650 | 50.673 |
| May 2023 | 51.429 | 51.450 | 51.471 |
| June 2023 | 52.327 | 52.350 | 52.410 |
| July 2023 | 53.275 | 53.300 | 53.323 |
| August 2023 | 53.778 | 54.290 | 54.311 |
| September 2023 | 55.269 | 55.290 | 55.350 |
| October 2023 | 56.467 | 56.490 | 56.513 |
| November 2023 | 58.425 | 58.450 | 58.471 |
| December 2023 | 60.620 | 60.740 | 60.800 |
Elrond (EGLD) Price Prediction – Resistance and Support Levels
The chart above shows that the price of Elrond has decreased in the past few months. Moreover, the price of Elrond has been up by 1.53% in the past 24 hours after a slight decrease during the week. If this continues, Elrond might kept running bears, breaking its support levels of $46.62 and $34.47.
However, if Elrond cannot break the $46.62 support 1 level, the bulls may seize control and dethrone Elrond to an upward stance. In simple terms, the price of Elrond might rise to almost $66, indicating a negative signal given by the previous resistance level.
MultiversX (Elrond) (EGLD) Price Prediction 2024
MultiversX (Elrond) price can rise to incredible heights, peaking at $90. This is only feasible if the market continues its upward path and only if Elrond breaks through the past psychological resistance levels.
| Month | Minimum Price | Average Price | Maximum Price |
| January 2024 | 62.879 | 62.900 | 62.923 |
| February 2024 | 64.590 | 64.890 | 64.919 |
| March 2024 | 66.460 | 66.710 | 66.770 |
| April 2024 | 68.430 | 68.550 | 68.573 |
| May 2024 | 70.329 | 70.350 | 70.371 |
| June 2024 | 72.227 | 72.250 | 72.310 |
| July 2024 | 75.175 | 75.200 | 75.223 |
| August 2024 | 77.678 | 78.190 | 78.211 |
| September 2024 | 81.169 | 81.190 | 81.250 |
| October 2024 | 83.367 | 83.390 | 83.413 |
| November 2024 | 87.325 | 87.350 | 87.371 |
| December 2024 | 90.520 | 90.640 | 90.700 |
MultiversX (Elrond) (EGLD) Price Prediction 2025
Elrond price might grow to $126 during the next three years. Furthermore, hitting this level may not be so tough for Elrond because the new medium, short-term and long-term price objectives for purchase or sell orders, may be discovered.
| Month | Minimum Price | Average Price | Maximum Price |
| January 2025 | 92.279 | 92.300 | 92.323 |
| February 2025 | 94.990 | 95.290 | 95.319 |
| March 2025 | 98.860 | 99.110 | 99.170 |
| April 2025 | 100.830 | 100.950 | 100.973 |
| May 2025 | 103.729 | 103.750 | 103.771 |
| June 2025 | 107.627 | 107.650 | 107.710 |
| July 2025 | 110.575 | 110.600 | 110.623 |
| August 2025 | 113.078 | 113.590 | 113.611 |
| September 2025 | 116.569 | 116.590 | 116.650 |
| October 2025 | 118.767 | 118.790 | 118.813 |
| November 2025 | 122.725 | 122.750 | 122.771 |
| December 2025 | 125.920 | 126.040 | 126.100 |
MultiversX (Elrond) (EGLD) Price Prediction 2026
Elrond price might grow to $161 during the next four years. Furthermore, hitting this level may not be tough for Elrond because the new medium, short-term and long-term price objectives for purchase or sell orders may be discovered.
| Month | Minimum Price | Average Price | Maximum Price |
| January 2026 | 127.979 | 128.000 | 128.023 |
| February 2026 | 130.690 | 130.990 | 131.019 |
| March 2026 | 134.560 | 134.810 | 134.870 |
| April 2026 | 136.530 | 136.650 | 136.673 |
| May 2026 | 139.429 | 139.450 | 139.471 |
| June 2026 | 143.327 | 143.350 | 143.410 |
| July 2026 | 146.275 | 146.300 | 146.323 |
| August 2026 | 148.778 | 149.290 | 149.311 |
| September 2026 | 152.269 | 152.290 | 152.350 |
| October 2026 | 154.467 | 154.490 | 154.513 |
| November 2026 | 158.425 | 158.450 | 158.471 |
| December 2026 | 161.620 | 161.740 | 161.800 |
MultiversX (Elrond) (EGLD) Price Prediction 2027
Elrond price might soar to $205 in the next five years. Furthermore, hitting this level may not be difficult for Elrond as other mediums, such as short-term and long-term price objectives for purchase or sell orders, may be discovered.
| Month | Minimum Price | Average Price | Maximum Price |
| January 2027 | 162.979 | 163.000 | 163.023 |
| February 2027 | 167.690 | 167.990 | 168.019 |
| March 2027 | 171.560 | 171.810 | 171.870 |
| April 2027 | 176.530 | 176.650 | 176.673 |
| May 2027 | 179.429 | 179.450 | 179.471 |
| June 2027 | 183.327 | 183.350 | 183.410 |
| July 2027 | 188.275 | 188.300 | 188.323 |
| August 2027 | 190.778 | 191.290 | 191.311 |
| September 2027 | 194.269 | 194.290 | 194.350 |
| October 2027 | 198.467 | 198.490 | 198.513 |
| November 2027 | 202.425 | 202.450 | 202.471 |
| December 2027 | 205.620 | 205.740 | 205.800 |
MultiversX (Elrond) (EGLD) Price Prediction 2028
In the next six years, Elrond price could rise to $251. More so, reaching this level might be easy for Elrond as an additional medium, short-term, and long-term price targets could be found to purchase or sell orders.
| Month | Minimum Price | Average Price | Maximum Price |
| January 2028 | 208.979 | 209.000 | 209.023 |
| February 2028 | 213.690 | 213.990 | 214.019 |
| March 2028 | 217.560 | 217.810 | 217.870 |
| April 2028 | 222.530 | 222.650 | 222.673 |
| May 2028 | 225.429 | 225.450 | 225.471 |
| June 2028 | 229.327 | 229.350 | 229.410 |
| July 2028 | 234.275 | 234.300 | 234.323 |
| August 2028 | 236.778 | 237.290 | 237.311 |
| September 2028 | 240.269 | 240.290 | 240.350 |
| October 2028 | 244.467 | 244.490 | 244.513 |
| November 2028 | 248.425 | 248.450 | 248.471 |
| December 2028 | 251.620 | 251.740 | 251.800 |
MultiversX (Elrond) (EGLD) Price Prediction 2029
In the next seven years, Elrond price could rise to $298. More so, reaching this level could be easy for Elrond as additional medium, short-term and long-term price targets could be found to purchase or sell orders. According to the forecast, Elrond has a strong chance of reaching the previous ATH.
| Month | Minimum Price | Average Price | Maximum Price |
| January 2029 | 255.279 | 255.300 | 255.323 |
| February 2029 | 259.990 | 260.290 | 260.319 |
| March 2029 | 263.860 | 264.110 | 264.170 |
| April 2029 | 268.830 | 268.950 | 268.973 |
| May 2029 | 271.729 | 271.750 | 271.771 |
| June 2029 | 275.627 | 275.650 | 275.710 |
| July 2029 | 280.575 | 280.600 | 280.623 |
| August 2029 | 283.078 | 283.590 | 283.611 |
| September 2029 | 286.569 | 286.590 | 286.650 |
| October 2029 | 290.767 | 290.790 | 290.813 |
| November 2029 | 294.725 | 294.750 | 294.771 |
| December 2029 | 297.920 | 298.040 | 298.100 |
MultiversX (Elrond) (EGLD) Price Prediction 2030
In the next eight years, Elrond price could rise to $347.64. More so, reaching this level could not be difficult for Elrond as additional medium, short-term and long-term price targets could be found to purchase or sell orders. According to the forecast, Elrond has a strong chance of reaching the previous ATH.
| Month | Minimum Price | Average Price | Maximum Price |
| January 2030 | 304.859 | 304.880 | 304.903 |
| February 2030 | 309.570 | 309.870 | 309.899 |
| March 2030 | 313.440 | 313.690 | 313.750 |
| April 2030 | 318.410 | 318.530 | 318.553 |
| May 2030 | 321.309 | 321.330 | 321.351 |
| June 2030 | 325.207 | 325.230 | 325.290 |
| July 2030 | 330.155 | 330.180 | 330.203 |
| August 2030 | 332.658 | 333.170 | 333.191 |
| September 2030 | 336.149 | 336.170 | 336.230 |
| October 2030 | 340.347 | 340.370 | 340.393 |
| November 2030 | 344.305 | 344.330 | 344.351 |
| December 2030 | 347.500 | 347.620 | 347.680 |
MultiversX (Elrond) (EGLD) Price Prediction 2040
According to our long-term MultiversX price estimate, Elrond prices could reach a new all-time high this year. If the current growth rate continues, we could anticipate an average price of $720 by 2040. If the market turns bullish, the price of MultiversX could go up beyond what we predicted for 2040.
| Minimum Price | Average Price | Maximum Price |
| $640 | $720 | $780 |
MultiversX (Elrond) (EGLD) Price Prediction 2050
According to our MultiversX forecast, the average price of Elrond in 2050 might be above $1580. If more investors are drawn to MultiversX between these years, the price of MultiversX in 2050 could be far higher than our projection.
| Minimum Price | Average Price | Maximum Price |
| $1200 | $1580 | $1750 |
Conclusion
As mentioned above, it may reach above $500 if investors have decided that Elrond is a good investment along with mainstream cryptocurrencies.
FAQ
Elrond is a blockchain protocol that utilizes sharding to provide incredibly fast transaction rates. The project identifies itself as a technology ecosystem for the future internet, including fintech, decentralized finance, and the Internet of Things. Its infrastructure for executing smart contracts supposedly supports 15,000 transactions per second, six-second latency, and a transaction cost of $0.001. The native token of the blockchain is eGold (EGLD), which is utilized for paying network fees, staking, and rewarding validators.
Like other digital assets in the crypto world, EGLD can be traded on many exchanges. Binance, OKX, Deepcoin, BingX, and Bybit are currently the most popular cryptocurrency exchanges for trading EGLD.
Since EGLD provides investors with several opportunities to profit from their crypto holdings, EGLD seems to be a really good investment in 2022. However, EGLD has a high possibility of surpassing its current ATH in 2029.
In terms of active crypto assets, EGLD is one of the few that continues to rise in value. As long as this bullish trend continues, EGLD might break through $68 and reach as high as $100. Of course, if the current market favoring crypto continues, this is extremely likely to happen.
As one of the fastest-rising cryptocurrencies, EGLD is expected to continue its upward trend. We may also conclude that EGLD is an excellent cryptocurrency to invest in this year, given its recent partnerships and collaborations that have improved its adoption.
The lowest EGLD price is $6.54, which was attained on October 7, 2020, according to CoinMarketCap.
EGLD was launched in October 2017.
Beniamin and Lucian Mincu founded EGLD.
The maximum supply of EGLD is 31,415,926 EGLD.
EGLD can be stored in a cold wallet, hot wallet, or exchange wallet.
Elrond price is expected to reach $75 by 2023.
Elrond price is expected to reach $90 by 2024.
Elrond price is expected to reach $126 by 2025.
Elrond price is expected to reach $161 by 2026.
Elrond price is expected to reach $205 by 2027.
Elrond price is expected to reach $251 by 2028.
Elrond price is expected to reach $298 by 2029.
Elrond price is expected to reach $347 by 2030.
Elrond price is expected to reach $720 by 2040.
Elrond price is expected to reach $1580 by 2050.
Disclaimer: The views and opinions, as well as all the information shared in this price prediction, are published in good faith. Readers must do their research and due diligence. Any action taken by the reader is strictly at their own risk. Coin Edition and its affiliates will not be held liable for any direct or indirect damage or loss.