[Alef Price Analysis: Can the $Elf Token Rebound to the $10 Milestone? 】
Aelf (ELF) has been performing well recently, with experts predicting its price could soar to $10, giving it a 95% chance of entering a bull market. The price is currently around $0.3866, up more than 19% over the past week, showing increased market activity.
Aelf combines artificial intelligence (AI) and blockchain technology, focuses on Web3 application development, and has innovative side chain technology and governance systems. As of now, Aelf’s market capitalization is US$282.6 million, with a circulation of 730.4 million coins. Its 24-hour trading volume has increased to US$21.31 million, an increase of 21% from the previous day.
Technical analysis shows Aelf is bouncing off major support levels, with investors optimistic about its future direction. Analysts predict that the price is expected to reach $0.492 in the short term, may exceed $0.6061 by the end of the year, reach $0.6215 in early 2025, and exceed $1 by the end of the year, a growth rate of 106%.
In the long term, experts predict that the Aelf price could rise to $3, a growth of 240%. Once the $0.567 resistance is exceeded, the price may rise further towards $0.7427.
If it falls below the $0.3 support level, Aelf may enter a bear market, but based on its innovative technology and market potential, the bull market view is still reasonable. Overall, Aelf shows strong growth potential and attracts high attention from investors.
