$EGLD Egld (Elrond) Analysis – October 29, 2024

**Current Price:** $25.20
**Target Price:** $28.00
**Sell Price:** $24.00

**Market Sentiment:** **Bullish**

Elrond (EGLD) is showing positive momentum as the market rebounds, driven by increased institutional interest and a robust ecosystem. Recent partnerships and updates to the Maiar wallet have improved user engagement and utility, attracting new investors. The price of $25.20 is a strong support level, with analysts predicting an upward trend towards the target price of $28.00 in the coming weeks. The overall bullish sentiment in the cryptocurrency market further strengthens Elrond's position. Traders should consider setting a sell price at $24.00 to safeguard profits while keeping an eye on market trends for further upside potential.
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$EGLD
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COIN NAME: $EGLD /USDT (5-10x)

Tp 1 hit almost 🔥55%🔥profit.

Target Profit 1: $28.58✅
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