MultiverseX Crypto Hit With Insane 4X Volume Pump: Is it Bullish For EGLD Price?

In order to be accurate, Multivesex Crypto (EGLD) has witnessed a significant increase in trading volume over the past 24 hours, as it is currently +483 %, and the significant increase in trading volume has fueled the EGLD price on a luxury +20 % move overnight.

The co -founder, Peniane Menko and his team, did not stop building all kinds of facilities and improvements on their network. In his latest publications, it includes their work space, and he mentioned some important meetings and strategy, as well as the next Supernova promotion and its impact.

Check the short video below.

Now that we have seen good basics and a team that continues to build and make progress during the bear market, we can also see that there is enough money to keep everything. This talks about good management. Now let’s move on to price analysis!

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EGLD price analysis: The increase in the number of blades in the accumulation area in the accumulation area is bounced

Multivesx Crypto (EGLD) the latest developments. Visions of price and technical analysis. The current trend and the future currency growth.

(egldusdt)

Today, we start looking at the monthly graph first. The candle that started running at the end of 2020 and early 2021 was determined as a major area. It might be overwhelming to look at the small time frames without getting the largest image.

So what we see here is how the upper part of this range is held as support in 2023 and 2024, and this year, the price went to the box. What do we want to see next?

(egldusdt)

Zoom in: How is the EGLD price formed on the short frame?

On the weekly graph, we see a candle up coming out of this decrease to approximately $ 12 to the level of $ 21. Ideally, we would like to restore the $ 21 price point and keep it as support. Then we can say that this decrease is a deviation and can be expected to move to the top of the range.

Multivesx Crypto (EGLD) the latest developments. Visions of price and technical analysis. The current trend and the future currency growth.

(egldusdt)

In the 4H time frame, it can be noted that an increase of 480 % in trading volume – a large strong candle to last high. Recovered EGLD price and above all Mas. After that, we want to cool the relative strength index, as it excels over the peak, tested it somewhere in the region from $ 15 to 16 dollars and continues to restore $ 20.

This will be a great first sign on an emerging mass collection because it will break all the remaining downward structure. Once this occurs, traders can start identifying long entries with confidence. Happy trading!

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Crazy Multiversex (EGLD) pump: Is it bullish?

  • 2023 and 2024 broken support level and must be recovered

  • RSI looks Toppy on the 4H time frame

  • The main level to watch $ 20

Post Multiversex Crypto hit with a crazy 4x pump: Is it emerging for EGLD? First appeared on 99bitcoins.

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