CandleFocus MultiversX (EGLD) Poised for a Bullish Wave After Falling Wedge Breakout
2024-12-15
Author: Content Editor
MultiversX (EGLD), formerly known as Elrond, is experiencing significant growth and innovation in the blockchain space. Trading at $46.2, EGLD has surged 62.3% over the past month. Its ability to handle over 100,000 transactions per second sets it apart from competitors. With a capped token supply and upcoming features like sub-second block times, MultiversX is attracting investors. A partnership with Alibaba Cloud and inclusion in Coinbase's COIN50 Index further solidify its position in the market. The confirmed falling wedge breakout suggests strong bullish potential, making EGLD a top contender for the next crypto rally.
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