Most cryptocurrencies have retraced to support levels after an impressive rally in early December, creating potential buying opportunities for investors. Among dozens of promising projects, three prominent analysts are “keeping an eye” on MultiversX (EGLD) charts this week.
Namely, Lucky Luciano, a 2.5 million-follower “OG since 2015,” doubled-down on a previous EGLD trading plan, shared in October. On October 28, Lucky said he was “watching MultiversX chart very closely at these levels,” trading at $23.74.
Now, he again brought this cryptocurrency’s chart this week, celebrating a 100% profit and eyeing more growth up to $100 per EGLD, urging his followers to “keep [their] eyes on MultiversX.”
In the meantime, MultiversX has been consolidating itself with robust fundamentals in a highly scalable, decentralized, and secure blockchain. Recently, the network saw a massive account and transaction surge, up to over 6.5 million and 473 million, respectively.
The MultiversX Foundation has partnered with Alibaba Cloud for infrastructure solutions and Asian development events and hackathons. Moreover, Charles Hoskinson and Beniamin Mincu are exploring a Cardano-MultiversX collaboration in the US, bringing optimism to ADA and EGLD.
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