EGLD/USDT - MultiversX: TD Sequential◳◱ On the $EGLD/ CRYPTOCAP:USDT chart, the Td Sequential pattern suggests a pause in volatility, potentially gearing up for a breakout. Traders might observe resistance around 59.32 | 64.45 | 73.55 and support near 50.22 | 46.25 | 37.15. Entering trades at 54.52 could be strategic, aiming for the next resistance level.
◰◲ General info :
▣ Name: MultiversX
▣ Rank: 85
▣ Exchanges: Binance, Kucoin, Bybit, Huobipro, Gateio, Mexc
▣ Category/Sector: Infrastructure - Smart Contract Platforms
▣ Overview: Elrond is a blockchain designed for high throughput and relatively fast execution speed compared to other smart contract platforms. It features Adaptive State Sharding as its scaling solution and a Proof-of-Stake (PoS) variation called Secure PoS to secure the network. Elrond also contains a WebAssembly-based virtual machine that can support the creation and execution of decentralized applications (dApps).
◰◲ Technical Metrics :
▣ Mrkt Price: 54.52 ₮
▣ 24HVol: 5,768,981.334 ₮
▣ 24H Chng: 0.055%
▣ 7-Days Chng: -5.44%
▣ 1-Month Chng: -20.46%
▣ 3-Months Chng: 2.87%
◲◰ Pivot Points - Levels :
◥ Resistance: 59.32 | 64.45 | 73.55
◢ Support: 50.22 | 46.25 | 37.15
◱◳ Indicators recommendation :
▣ Oscillators: BUY
▣ Moving Averages: NEUTRAL
◰◲ Technical Indicators Summary : NEUTRAL
◲◰ Sharpe Ratios :
▣ Last 30D: -2.74
▣ Last 90D: 0.47
▣ Last 1-Y: 0.55
▣ Last 3-Y: 0.05
◲◰ Volatility :
▣ Last 30D: 0.83
▣ Last 90D: 0.77
▣ Last 1-Y: 0.80
▣ Last 3-Y: 1.00
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.54 - Bullish
▣ Reddit sentiment score is 0.90 - V. Bullish
▣ In-depth EGLDUSDT technical analysis on Tradingview TA page
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