Elrond (EGLD)
As of April 19, 2025, Elrond (EGLD) is trading at approximately $21.78 USD, reflecting a 2.90% increase from the previous close.
$21.78
+$0.63 (2.90%)
| Current Price | 24h Price Change | 7-Day Avg Price | Support Level | Next Resistance |
| $21.78 USD | 2.90% | $13.90 USD | $12.37 USD | $78.39 USD |
📈 Technical Analysis Summary
- Price Movement: The 2.90% increase indicates Bullish momentum; renewed investor confidence.
- 7-Day Average Comparison: Trading above the 7-day average ($13.90 USD); reinforces bullish trend; market is gaining strength.
- Support and Resistance Levels: Price is above support ($12.37 USD); confirms bullish base. Room for growth before hitting resistance ($78.39 USD).
- RSI Analysis: RSI at 43.33 indicates Neutral zone; balanced market.
- MACD Analysis: Positive MACD (+0.23); suggests bullish momentum.
📊 Market Sentiment
| Indicator | Value | Interpretation |
|---|---|---|
| RSI | 43.33% | Neutral; neither overbought nor oversold |
| MACD | +0.23 | Bullish; suggests upward momentum |
| Above 7-Day Avg? | Yes | Indicates bullish momentum |
| Above Support? | Yes | Suggests price stability above support. |
Elrond (EGLD) Price Prediction Preview
| Forecast Range | Prediction Trend |
|---|---|
| Daily | 📉 Bearish — Caution in the short term due to weakening indicators |
| Weekly | 📊 Moderate Gain — Steady growth expected; strong support holding |
| Monthly | N/A |
| Yearly | 🧯 Uncertain — Macro factors may limit long-term upside for EGLDUSD |
