MultiversX ($EGLD ), the native token of the Elrond blockchain, is priced at $33.5, marking a 3.5% rise in the past 24 hours.The token maintains a market capitalization of $921.68 million and a robust daily trading volume of over $45 million.The moving averages still indicate a bullish trend, as both the 50-day and 200-day moving averages have crossed above the current price.
However, the Relative Strength Index (RSI) is overbought, suggesting short-term consolidation or correction potential.