#EGLDUSDT | #EGLD | #VanEck_SOL_ETFS

Current Price $36.26

Market Cap $984.77M

Change 1h -2.04% | 24h -1.50%

Weekly Indicators:

โ€ข RSI: 43 - Neutral ๐ŸŸ 

โ€ข MACD: -4 - Bearish ๐Ÿ”ด

โ€ข EMA: 42 - Below ๐Ÿ”ด

Analysis: MultiversX (EGLD) has corrected by 60% on the weekly chart. The recent trend reversal and past resistance acting as new support are promising. The RSI is mirroring the overall pattern, indicating bullish potential. The falling wedge hints at a possible breakout.

Price Targets: If the bullish trend continues, we could see a significant move. The technical indicators suggest a possible rise of up to $400, representing a potential gain of 1500%.