Elrond Coin Price Seen Climbing Nearly 20% In Next Few Weeks

Name	Symbol	Market	Market Cap ($)	Algorithm
Polygon	MATICUSD	Crypto	6,823,891,816	Not Mineable

Name

Symbol

Market

Market Cap ($)

Algorithm

Polygon

MATICUSD

Crypto

6,823,891,816

Not Mineable

	Price Change	Price Change %	Current Price	Bid Price	Offer
	-0.0003	-0.04%	0.7324	0.7325	0.7328

Price Change

Price Change %

Current Price

Bid Price

Offer

-0.0003

-0.04%

0.7324

0.7325

0.7328

High Price	Low Price	Open Price	Prev. Close	52 Week Range
0.7364	0.7296	0.7319	0.7327	- - -

High Price

Low Price

Open Price

Prev. Close

52 Week Range

0.7364

0.7296

0.7319

0.7327

- - -

Exchange	Last Trade	Size	Trade Price	Currency
GDAX	01:57:14	243.90	0.7324	USD

Exchange

Last Trade

Size

Trade Price

Currency

GDAX

01:57:14

243.90

0.7324

USD

Price x Volume	Volume	Base Symbol	Related Pairs
170,960.44	233,521.43	MATIC	MATICEUR	MATICGBP	MATICBTC

Price x Volume

Volume

Base Symbol

Related Pairs

170,960.44

233,521.43

Elrond Coin Price Seen Climbing Nearly 20% In Next Few Weeks – Here’s Why

04/10/2022 7:33am

NEWSBTC

Elrond is currently among crypto assets that are “in the green” after enduring another trying week for cryptocurrencies. Elrond currently trades at $52.44 Coin expected to reach $60 mark in coming weeks Elrond currently 90.4% lower than its ATH At press time, tracking from CoinGecko shows EGLD trading at $52.44. For the last seven days, its value grew by 12.3% while also tallying a 24-hour increase of 7.4%. Its intraday trading volume is also impressive, reaching more than $71.6 million while its total market capitalization is a little north of $1.2 billion, enough to keep the coin in top 50 of all digital currencies, ranking 46th overall. Predictions for the asset’s immediate future are rather bullish, with some hinting at a significant price boost for the next weeks to come. Related Reading: Chainlink Crosses $6.18 Trillion In Transaction Value – Will This Boost LINK Price? Elrond Price Movement Pattern In the crypto space, a parallel channel pattern gives multiple opportunities to traders as it shows a rally towards two trendline barriers. It is quite helpful for what is called a counter-trend move. While the entirety of the crypto market bore the brunt of another volatility-induced downfall, Elrond’s price was observed to lean on the aforementioned channel pattern. Source: TradingView.com Under such trend, it was expected that Elrond will once again experience a severe price correction, duplicating the asset’s June low of around $38. But that did not happen and instead, the asset traded within the narrow range of $50 to $45 before climbing to its current value. Related Reading: Crypto Community Predicts Polygon (MATIC) To Rise Nearly 20% By October 31 EGLD: Price Prediction For The Coming Weeks With the parallel channel’s two trendline barriers, Elrond is now expected to gain some steam and start a bullish run. If the buyers are able to retest and breakthrough the $54.5 barrier, the crypto might be looking at a value increase of nearly 20% and climb all the way to the $60 level. This however, remains significantly lower than what Elrond was able to accomplish last year when it attained its all-time high. It can be recalled that in November 23, 2021, the blockchain token was able to reach trading value of $545.64. With its price of $52.44, it has now lost 90.4% of its all-time high and Elrond remains a long way from it. Meanwhile, for 2023, the digital currency is expected to grow more in terms of trading price. Elrond will start the next year with January highest price of $95.81. By the end of next year, the asset could reclaim a portion of its all-time high with December highest price of $123.03. EGLD total market cap at $1.23 billion on the daily chart | Source: TradingView.com Featured image from Zipmex, Chart: TradingView.com

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MATICUSD Polygon