#Egld a rising star ?
Fundamental Analysis: EGLD, or MultiversX, is a high-throughput blockchain designed for scalability, with features like sharding and Secure Proof of Stake. It aims to support decentralized apps and the new internet economy. The token's utility spans network fees, staking, and governance. EGLD has partnerships like BitGo for custody, enhancing its institutional appeal.
Technical Analysis: EGLD has been consolidating, showing a falling wedge pattern on the weekly chart, suggesting a potential breakout to higher resistance levels like $230. Recent price action indicates increasing volume and bullish momentum, with support at $25. Technical indicators like MACD and RSI show positive signs for a price increase.
https://www.tradingview.com/symbols/EGLDUSDT
#EGLDUSDT can be a potential for investment though crypto market is very volatile and always invest what you can loose.