Trading Tips for MultiversX $EGLD
MultiversX, EGLD is currently trading at $28.53, down significantly by 11.65% in the past 24 hours. Despite this, its 30-day performance shows a 6.42% increase, indicating some recovery momentum in the medium term. Over the 60- and 90-day periods, price fluctuations have been minimal (-0.03% and +0.14%, respectively), reflecting relative stability after broader market adjustments. The trading volume of $56.07M in the last 24 hours indicates active participation, though the current trend shows bearish sentiment.
The coin’s all-time high of $542.58 highlights the potential upside, but the current market environment places EGLD at a significant discount, trading at approximately 5.3% of its peak. The circulating supply is 87.79% of the total maximum, signaling a low inflationary risk in the near term.
👉Recommendation: "Hold or Accumulate" $EGLD
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