EGLD.X Crypto Tickeron detected bearish Crypto Pattern: Broadening Wedge Descending EGLD.X on October 30, 2025, netting in a 7.29% gain over 3 days
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On October 30, 2025, A.I.dvisor detected a Broadening Wedge Descending Pattern (Bearish) for MultiversX cryptocurrency (EGLD.X, $9.118108). On October 30, 2025, A.I.dvisor confirmed the Bearish pattern, setting a target price of the stock. On November 02, 2025, the stock hit the target price of $8.240000 – resulting in a gain for traders who shorted the stock on the pattern detection date.
EGLD.X in -6.65% downward trend, sliding for three consecutive days on November 17, 2025
Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where EGLD.X declined for three days, in of 439 cases, the price declined further within the following month. The odds of a continued downward trend are .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on November 16, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on EGLD.X as a result. In of 128 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for EGLD.X turned negative on November 16, 2025. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 69 similar instances when the indicator turned negative. In of the 69 cases the stock turned lower in the days that followed. This puts the odds of success at .
The Aroon Indicator for EGLD.X entered a downward trend on November 09, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Bullish Trend Analysis
The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where EGLD.X's RSI Indicator exited the oversold zone, of 45 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Stochastic Oscillator demonstrated that the ticker has stayed in the oversold zone for 2 days, which means it's wise to expect a price bounce in the near future.
Following a +2 3-day Advance, the price is estimated to grow further. Considering data from situations where EGLD.X advanced for three days, in of 427 cases, the price rose further within the following month. The odds of a continued upward trend are .
EGLD.X may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.