MultiversX (EGLD) is currently trading at $15.78, reflecting a 24-hour change of -1.64%. The price has remained stable within a daily range of just 0.37%, indicating low volatility in the short term.

Volume for EGLD stands at approximately $13.83 million, with a volume-to-market cap ratio of 3.10%, suggesting moderate trading activity relative to its overall market capitalization. The hourly moving averages indicate a bearish trend, with all short-term averages (8, 13, and 21 SMA) showing declines of around 1.41% to 1.49%.

The 1-hour RSI is at 43, signaling potential oversold conditions, while the 7-day RSI is even lower at 42, indicating continued downward momentum in the medium term. Price changes over the last week and two weeks show significant declines of approximately -14.75% and -14.24%, respectively, emphasizing a bearish trend.

In contrast, the 30-day price change is marginally positive at 1.55%, suggesting that longer-term sentiment may be stabilizing. However, the substantial distance from the all-time high of $545.64 indicates that the current price remains in a significant downtrend from historical levels.

Given the current data, EGLD shows bearish signals across multiple time frames, with declining moving averages and low RSI readings indicating a lack of buying pressure. With the recent negative price trends and the absence of bullish catalysts, I recommend a Sell rating for EGLD, as the technical indicators suggest further downside potential in the near term.