NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Bitcoin, Ethereum, Solana Rally Towards All-Time Highs: Top Analysts Share Predictions
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Bitcoin, Ethereum, Solana Rally Towards All-Time Highs: Top Analysts Share Predictions

Elrond (EGLD) Price May Break Past $56 Hurdle – Here’s How

Christian Encila
Christian Encila
2 years ago
3 mins read
Elrond

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Elrond, together with Polygon and Uniswap, were the three altcoins mentioned in a recent news report by CNBC to watch out for this month as they managed to tally significant gains despite the continued grip of bears in the crypto market.

  • Elrond is currently in a bullish pattern, ready to test the $57.7 resistance marker
  • EGLD could go as high as $67.5 if its bull momentum continues
  • Experts predict the asset ending the year with price closer to its November 2021 ATH

Elrond has successfully increased its September 28 price of $45.43 by 10% to trade at $55.65.

But the blockchain token improved its performance, painting its chart in green except for its year-to-date price which remained in red, much like the rest of the crypto space.

At press time, according to data from Coingecko, the altcoin is trading at $56.50 and is up by 3.9% for the past 24 hours and by 4.8% over the last week.

Its 14 and 30-days gains are also impressive, currently standing at 17.8% and 16.2%, respectively.

More Good News For Elrond

Elrond fell victim to a massive price correction over the past weeks, helplessly going down by as much as 32%.

But the asset’s current technical analysis chart shows its price is caught in a cup and handle pattern which in crypto space signals recovery.

Related Reading

Cardano

Cardano (ADA) Sheds 15% Of Value In Last 7 Days – When Will The Pain Stop?

2 years ago
Source: TradingView

The recovery happened but was short-lived and stopped at $57.5. Incidentally, this is the resistance marker that buyers struggled to surpass.

If Elrond resumes its bullish momentum and the crypto successfully breaks the crucial $57.7 price marker, it will catapult itself into a rapid bull run, reaching the $67.5 mark.

Investors and holders of the altcoin should still be cautious as a breakdown below the mentioned resistance marker will mean a price dump all the way to $51.5.

Elrond Price Prediction

As the cryptocurrency is recovering from the beating it took last month, experts share their analysis for Elrond price.

Leading forex and crypto education portal Trading Beasts said their logical algorithm predicts EGLD may reach $184 by the end of 2022.

Wallet Investor, on the other hand, gave two forecasts for Elrond price. The first one is that will exit the year with a trading price of $252. The second one is a five-year prediction for the token which they see reaching $612 in 2027.

Meanwhile, Crypto Gunther said too much variation between the asset’s maximum and minimum price makes it hard to decide whether to buy or not as its prediction for EGLD by the end of 2022 stands at $210.

Finally, public finance leader GOV Capital is the most bullish in terms of price prediction for the crypto as the company said it will end the year with a price of over $870.

Although the price forecasts seem out of this world considering the current value of Elrond, the asset has already shown it is capable of reaching such levels when it attained its all-time high of $545.64 in November 23, last year.

Related Reading

Cosmos

Cosmos Detects Major System Weak Point – Will ATOM Price Be In Trouble?

2 years ago

EGLD total market cap at $1.32 billion on the daily chart | Featured image from Zipmex, Chart: TradingView.com

Disclaimer: The analysis represents the author's personal views and should not be construed as investment advice.
Tweet123Share196ShareSend
Christian Encila
Christian Encila

Christian Encila

They say journalists never truly clock out. But for Christian, that's not just a metaphor, it's a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn.

Read more

Christian's journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved the way for a successful stint as an editor at a data engineering firm, where his first-month essay win funded a months-long supply of doggie and kitty treats – a testament to his dedication to his furry companions (more on that later).

Christian then roamed the world of journalism, working at newspapers in Canada and even South Korea. He finally settled down at a local news giant in his hometown in the Philippines for a decade, becoming a total news junkie. But then, something new caught his eye: cryptocurrency. It was like a treasure hunt mixed with storytelling - right up his alley!

So, he landed a killer gig at NewsBTC, where he's one of the go-to guys for all things crypto. He breaks down this confusing stuff into bite-sized pieces, making it easy for anyone to understand (he salutes his management team for teaching him this skill).

Think Christian's all work and no play? Not a chance! When he's not at his computer, you'll find him indulging his passion for motorbikes. A true gearhead, Christian loves tinkering with his bike and savoring the joy of the open road on his 320-cc Yamaha R3. Once a speed demon who hit 120mph (a feat he vowed never to repeat), he now prefers leisurely rides along the coast, enjoying the wind in his thinning hair.

Speaking of chill, Christian's got a crew of furry friends waiting for him at home. Two cats and a dog. He swears cats are way smarter than dogs (sorry, Grizzly), but he adores them all anyway. Apparently, watching his pets just chillin’ helps him analyze and write meticulously formatted articles even better.

Here's the thing about this guy: He works a lot, but he keeps himself fueled by enough coffee to make it through the day - and some seriously delicious (Filipino) food. He says a delectable meal is the secret ingredient to a killer article. And after a long day of crypto crusading, he unwinds with some rum (mixed with milk) while watching slapstick movies.

Looking ahead, Christian sees a bright future with NewsBTC. He says he sees himself privileged to be part of an awesome organization, sharing his expertise and passion with a community he values, and fellow editors - and bosses - he deeply respects.

So, the next time you tread into the world of cryptocurrency, remember the man behind the words – the crypto crusader, the grease monkey, and the feline philosopher, all rolled into one.

Close

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

ada-cardano-50-millions-rattrape-eth-sol

ADA : Cardano veut rattraper ETH et SOL grâce à 50 M$

Cardano met 50 Millions ADA sur la table pour gonfler la liquidité des stablecoins et relancer la DeFi ainsi que...

evanss 3 hours ago
Ethereum Matches Bitcoin In Annual Gains: What This Means For The Market

Ethereum Matches Bitcoin In Annual Gains: What This Means For The Market

Ethereum is once again at the center of market attention, trading at critical levels after a volatile stretch marked by...

Sebastian Villafuerte 4 hours ago
Best Altcoins to Buy as Bitcoin Hits $120K and JPMorgan Targets $165K

Best Altcoins to Buy as Bitcoin Hits $120K and JPMorgan Targets $165K

JPMorgan has just dropped a bold target for $BTC: $165K. The firm cited gold’s record-setting run and the growing ‘debasement...

Aaron Walker 5 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Dogecoin news

Dogecoin Is Primed For A Higher Move To $0.4 Soon, It Just Needs To Hold This Level

Sandra White 39 minutes ago
Bitcoin

Bitcoin Bear Trap Over? Pundit Reveals Where The Market Is At Right Now

Scott Matherson 2 hours ago
비트코인 12만 달러 돌파... 다음 투자할 코인은?

비트코인 12만 달러 돌파… 다음 투자할 유망 코인은?

Soyeon Lee 3 hours ago

Premium Sponsors

Press Releases

  • イーサリアム...

    5 hours ago
  • ビットコイン...

    5 hours ago
  • シバコイン...

    5 hours ago
  • 支持線割れの危機、投資家は代替案へ

    パイネットワーク...

    6 hours ago
  • ドージコイン 今後の価格展望:市場反発で0.25ドル突破

    ドージコイン...

    6 hours ago

Newsletter

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.