{"id":454794,"date":"2023-11-06T13:20:59","date_gmt":"2023-11-06T13:20:59","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=454794"},"modified":"2023-11-06T13:20:59","modified_gmt":"2023-11-06T13:20:59","slug":"multiversx-price-jumped-46-in-a-week-as-experts-see-parallels-with-this-btc-alternative","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/multiversx-price-jumped-46-in-a-week-as-experts-see-parallels-with-this-btc-alternative","title":{"rendered":"MultiversX Price Prediction: EGLD Jumps 46% In a Week As Experts See Parallels With this Under-The-Radar Bitcoin Alternative"},"content":{"rendered":"<p><span style=\"font-weight: 400\">The MultiversX price surged 46% in seven days as it traded at <\/span><a href=\"https:\/\/coinmarketcap.com\/currencies\/multiversx-egld\/\"><span style=\"font-weight: 400\">$44.03<\/span><\/a><span style=\"font-weight: 400\"> as of 12:30 a.m. EST.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400\">This MultiverseX price surge can be attributed to activity on South Korea&rsquo;s Upbit Exchange, which accounts for about 60% of the token&rsquo;s recent trading volume.&nbsp;<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">EGLD pumped 60%, Is this a manipulation or something else&#10067;<br>&nbsp;<br>&#128994; In the past 24 hours, <a href=\"https:\/\/twitter.com\/hashtag\/EGLD?src=hash&amp;ref_src=twsrc%5Etfw\">#EGLD<\/a>  has been up over 60% and is currently trading at $54.<br>&nbsp;<br>&#128994; Over 60% of its 24-hour volume is coming from <a href=\"https:\/\/twitter.com\/hashtag\/Upbit?src=hash&amp;ref_src=twsrc%5Etfw\">#Upbit<\/a>, a South Korean crypto exchange that was behind the pumps of CYBER, TRB,&hellip; <a href=\"https:\/\/t.co\/VtT0fPU9Xz\">pic.twitter.com\/VtT0fPU9Xz<\/a><\/p>\n<p>&mdash; Wise Advice (@wiseadvicesumit) <a href=\"https:\/\/twitter.com\/wiseadvicesumit\/status\/1721059765605011469?ref_src=twsrc%5Etfw\">November 5, 2023<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<h2><span style=\"font-weight: 400\">MultiversX price prediction<\/span><\/h2>\n<p><span style=\"font-weight: 400\">Looking at 2-hour EGLD\/USDT <\/span><a href=\"https:\/\/www.tradingview.com\/chart\/mBPnB4WJ\/?symbol=BITSTAMP%3ABTCUSD\"><span style=\"font-weight: 400\">charts<\/span><\/a><span style=\"font-weight: 400\">, MultiversX risks facing massive corrections. EGLD has formed a couple of bearish engulfing candle stick patterns, as seen in the charts. This indicates bearishness on MultiversX price with prospects of a dip. Looking at the MACD indicator, bearishness is now taking over as it moves in the red zone.<\/span><\/p>\n<p><img decoding=\"async\" class=\"size-full wp-image-454796 aligncenter\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/11\/Screenshot-2023-11-06T084437.575.png\" alt=\"\" width=\"923\" height=\"527\" srcset=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/11\/Screenshot-2023-11-06T084437.575.png 923w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/11\/Screenshot-2023-11-06T084437.575-300x171.png 300w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/11\/Screenshot-2023-11-06T084437.575-768x439.png 768w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/11\/Screenshot-2023-11-06T084437.575-269x153.png 269w\" sizes=\"(max-width: 923px) 100vw, 923px\"><\/p>\n<p><span style=\"font-weight: 400\">The Relative Strength Indicator is on a downward trajectory as it exits the overbought region. This indicates bearishness on MultiversX price as bulls face resistance at $52.3. The 15-day moving average has now exceeded the 5-day moving average to form a death cross. This also indicates bearish momentum gathering around the token.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Looking at volatility, the MultiversX price is facing high volatility, as shown by the Bollinger Bands, which are now far apart. These levels are likely to remain high due to the growing trading volume. EGLD saw a 32% increase in trading volume within the last 24 hours. <\/span><\/p>\n<p><span style=\"font-weight: 400\">Meanwhile, as bulls and bears watch out for what will happen next with the MultiversX price, Bitcoin Minetrix continues to make waves, with its new cloud mining initiative presenting opportunities for massive gains. Bitcoin Minetrix has now surpassed the $3.4 million mark in <\/span><a href=\"https:\/\/insidebitcoins.com\/visit\/bitcoinminetrix\" rel=\"nofollow\"><span style=\"font-weight: 400\">its ongoing pre-sale<\/span><\/a><span style=\"font-weight: 400\"> as more investors board.<\/span><\/p>\n<p><img decoding=\"async\" class=\"size-full wp-image-454795 aligncenter\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/11\/Screenshot-2023-11-06T091106.673.png\" alt=\"\" width=\"487\" height=\"253\" srcset=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/11\/Screenshot-2023-11-06T091106.673.png 487w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/11\/Screenshot-2023-11-06T091106.673-300x156.png 300w\" sizes=\"(max-width: 487px) 100vw, 487px\"><\/p>\n<h2><span style=\"font-weight: 400\">What Is Bitcoin Minetrix, And Why All This Hype?<\/span><\/h2>\n<p><span style=\"font-weight: 400\">The project is designed to facilitate easy Bitcoin mining through staking BTCMTX coins on an Ethereum-based platform. With its user-friendly approach that eliminates the need for specialized skills or initial investments, Bitcoin Minetrix offers a promising opportunity for individuals to access the lucrative world of BTC mining.<\/span><\/p>\n<p><span style=\"font-weight: 400\">The concept revolves around allowing users to stake <\/span><a href=\"https:\/\/insidebitcoins.com\/visit\/bitcoinminetrix\" rel=\"nofollow\"><span style=\"font-weight: 400\">BTCMTX tokens<\/span><\/a><span style=\"font-weight: 400\"> to acquire BTC mining points, enabling them to participate in the mining process effortlessly. Through this system, users can use their saved credits to buy cloud mining power, which lets them make BTC without having to deal with the usual problems that come with mining. This focus on the user not only makes mining more open to everyone but also gets more crypto fans interested and encourages them to join.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">When integrated into an <a href=\"https:\/\/twitter.com\/hashtag\/Ethereum?src=hash&amp;ref_src=twsrc%5Etfw\">#Ethereum<\/a> smart contract, the <a href=\"https:\/\/twitter.com\/search?q=%24BTCMTX&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$BTCMTX<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/Token?src=hash&amp;ref_src=twsrc%5Etfw\">#Token<\/a> acts as the gateway to access <a href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw\">#Bitcoin<\/a> cloud mining. &#128273;<\/p>\n<p>Eager users can effortlessly purchase and employ <a href=\"https:\/\/twitter.com\/hashtag\/BTCMTX?src=hash&amp;ref_src=twsrc%5Etfw\">#BTCMTX<\/a> tokens to secure cloud mining credits, ultimately traded for hashing power. <a href=\"https:\/\/t.co\/c3Ojzq25h0\">pic.twitter.com\/c3Ojzq25h0<\/a><\/p>\n<p>&mdash; Bitcoinminetrix (@bitcoinminetrix) <a href=\"https:\/\/twitter.com\/bitcoinminetrix\/status\/1720002866776088893?ref_src=twsrc%5Etfw\">November 2, 2023<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<h2><span style=\"font-weight: 400\">Early Investment Opportunities at a Low Presale Price<\/span><\/h2>\n<p><span style=\"font-weight: 400\">Early investors can secure <\/span><a href=\"https:\/\/insidebitcoins.com\/visit\/bitcoinminetrix\" rel=\"nofollow\"><span style=\"font-weight: 400\">BTCMTX tokens<\/span><\/a><span style=\"font-weight: 400\"> at a reduced presale price of $0.0114. This stands out as an excellent chance for those seeking to capitalize on the potential future growth of Bitcoin Minetrix.&nbsp;<\/span><\/p>\n<p><iframe title=\"New Cloud Mining Token\" width=\"640\" height=\"360\" src=\"https:\/\/www.youtube.com\/embed\/GY9X31I9nIs?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<p><span style=\"font-weight: 400\">Industry analysts predict a rise in the token&rsquo;s value as the project advances through its presale phases, with the current fifth-round approaching conclusion, underscoring the need for prospective investors to embrace this beneficial chance without delay.<\/span><\/p>\n<p><span style=\"font-weight: 400\"> With the MultiversX price set to face corrections, Bitcoin Minetrix&rsquo;s BTCMTX could be the alternative go-to investment.<\/span><\/p>\n<p><a href=\"https:\/\/insidebitcoins.com\/visit\/bitcoinminetrix\" rel=\"nofollow\"><span style=\"font-weight: 400\">Visit here to take part in the pre-sale<\/span><\/a><\/p>\n<h2><span style=\"font-weight: 400\">Related News<\/span><\/h2>\n<ul>\n<li style=\"font-weight: 400\"><a href=\"https:\/\/insidebitcoins.com\/news\/voskcoin-youtube-channel-featured-new-cloud-mining-token-bitcoin-minetrix-presale-review\"><span style=\"font-weight: 400\">VoskCoin YouTube Channel Featured New Cloud Mining Token &ndash; Bitcoin Minetrix Presale Review<\/span><\/a><\/li>\n<li style=\"font-weight: 400\"><a href=\"https:\/\/insidebitcoins.com\/news\/top-3-crypto-presales-experts-tips-for-novembers-high-profit-potential-meme-kombat-tg-casino-and-bitcoin-minetrix\"><span style=\"font-weight: 400\">Top 3 Crypto Presales Experts&rsquo; Tips for November&rsquo;s High Profit Potential &ndash; Meme Kombat, TG.Casino, and Bitcoin Minetrix<\/span><\/a><\/li>\n<\/ul>\n                                        <div 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href=\"https:\/\/insidebitcoins.com\/in-content-providers\/a-default-box\" title=\"A Default Box\">[&#8230;]<\/a><\/div>","protected":false},"author":1951,"featured_media":454798,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[1],"tags":[13213],"class_list":["post-454794","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-more-crypto-news","tag-multiversx"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.8 (Yoast SEO v23.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>MultiversX Price Prediction: EGLD Jumps 46% In a Week As Experts See Parallels With this Under-The-Radar Bitcoin Alternative - InsideBitcoins.com<\/title>\n<meta name=\"description\" content=\"MultiversX price surged 46% in seven days as Bitcoin Minetrix continuous to make waves, 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