EGLD fights after 4%decline: Safepal integration on the test bench

EGLD fights after 4%decline: Safepal integration on the test bench

The cryptocurrency InvezzMultiversx (EGLD) is currently fighting to maintain their previous profits after a 4%decline. Despite a recent increase due to the integration of safepal, the value has dropped by another 4%. This decline has attracted the attention of investors because the key support is $ 35.5 and its possible breakthrough could lead to further losses.

For those who are new to cryptocurrency trade, the term “keyupport” may be confusing. The key support refers to a certain price in which most investors are willing to buy cryptocurrency in order to avoid further losses. If this price is broken, this can lead to increased sales pressure and further press the value of the cryptocurrency.

The development of InvezzMulticversx (EGLD) In the past few hours, a certain volatility shows on the cryptocurrency market. The integration of safepal has led to a temporary increase, which was not sustainable. Investors are now excited to see whether the key group can be kept at $ 35.5 or whether further losses are imminent.

It is important that investors remain calm in volatile times like them and make well -founded decisions. The cryptocurrency markets are known for their fluctuations, and it is not uncommon for values to fluctuate strongly within a short time. Through a thorough research and understanding of the market mechanisms, investors can increase their chances of successful trades.

Overall, the current decline of InvezzMultiversx (EGLD) illustrates the risks and opportunities associated with the trade of cryptocurrencies. The integration of new technologies and platforms can bring short -term profits, but also lead to sudden losses. It is important to always stay up to date and to follow the developments on the cryptocurrency market in detail in order to make well -founded decisions. - nag