Is EGLD undervalued or preparing to take off? 🚀👑
MultiversX (EGLD), formerly known as Elrond, is a high-performance blockchain ecosystem that offers massive scalability, low fees, and extreme speed, focused on driving Web3, DeFi, and the metaverse.
With a robust infrastructure and tools for developers, EGLD aims to position itself as a key player for the new generation of decentralized applications.
Strong technical support: $35
Important resistance: $42
Expanding ecosystem + new DeFi and GameFi integrations
Web3 narrative, digital identity, and evolving metaverse
Network capable of processing 15,000+ TPS at minimal costs ⚡
Suggested investment strategy:
Step-in entry: $35 – $37
First take profit: $42
Medium-term target: $48 – $55
Suggested stop: $32 ⛔
EGLD could shine again if the market's focus returns to solid projects with real infrastructure.
Advanced technology, committed community, and quiet expansion: a combination worthy of analysis.
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