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Is anybody making money out there? Bear markets aren't anything new to us in the crypto market.

Amid the recent relief rally in the crypto market, the Elrond coin price bounced back from the $51.8 support and surged 11.5% higher. This development allowed buyers to rechallenge the $58 neckline resistance of a cup and handle pattern.

EGLD's price shows a spark of strength as the price bounced off from $45 with good volume.  EGLD continues in a range-bound movement as the price aims to breakout ahead of a rally to $80.

Elrond, together with Polygon and Uniswap, were the three altcoins mentioned in a recent news report by CNBC to watch out for this month as they managed to tally significant gains despite the continued grip of bears in the crypto market. Elrond is currently in a bullish pattern, ready to test the $57.7 resistance marker EGLD could go as high as $67.5 if its bull momentum continues Experts predict the asset ending the year with price closer to its November 2021 ATH Elrond has successfully increased its September 28 price of $45.43 by 10% to trade at $55.65.

The crypto market witnessing high volatility caused a minor consolidation in Elrond coin price. This sideways price action indicates that the buyers are struggling to surpass a local resistance of $57.5.

Although optimism typically rings high for cryptos, participating investors must also recognize broader economic realities.

Among Southeast Asian countries, Vietnam has been ranked first in cryptocurrency adoption for two years in a row with more than 21% of consumers having purchasing power in crypto. Blockchain-based gaming and infrastructure projects lead the development and adoption across the country, predicting a new stage for Vietnam's economy.

This article is all about the top 5 cryptocurrencies that displayed good performance in the last seven days. Let's take a look at it in more detail.

The Fear and Greed Index is 25 Extreme Fear and is +5 from Tuesday's reading of 20 Extreme Fear

The cryptocurrency market is heating up and Oryen (ORY) is positioning itself as a significant player.

Quant (QNT/USD), Maker (MKR/USD), and Elrond (EGLD/USD) are some of the best cryptocurrencies that you can buy on October 4, 2022, and we are going to explore each token individually to see why.

Cryptocurrencies have considerably higher beta than the traditional stock market, meaning that they are more volatile and subject to faster price movement. This volatility is key to making multiples out of your investments and propelling yourself to new levels of wealth.

Elrond is currently among crypto assets that are “in the green” after enduring another trying week for cryptocurrencies. Elrond currently trades at $52.44 Coin expected to reach $60 mark in coming weeks Elrond currently 90.4% lower than its ATH At press time, tracking from CoinGecko shows EGLD trading at $52.44.

Amid the recent downfall in the crypto market, the Elrond price has shaped itself in a parallel channel pattern. The coin price witnessed a steady decline under the influence of this pattern over the past two months.

Be[In]Crypto looks at five altcoins that show promise for Oct. and the developments surrounding their respective projects. The post These Are the Top 5 Cryptos to Watch in October 2022 appeared first on BeInCrypto.

Elrond [EGLD] recently took its “new internet” blockchain mission by securing a partnership with Opera. Daniel Serb, head of business development for Elrond, released a statement related to the same.

The two crypto companies will collaborate to increase the user base of the EGLD cryptocurrency

Popular web browser Opera has announced its plans to integrate the Elrond Protocol as it continues to explore new ways to stir its user's embrace of Web3.0.

Coinspeaker Opera Inks Integration Partnership with Elrond Protocol

SPONSORED POST* In the eyes of industry insiders, the previous few months have been pivotal in the development of the cryptocurrency industry. Investors are taking advantage of the current bear market by making purchases of profitable ventures at a discount.

If Elrond (EGLD) manages to hold on above the $44 to $46 horizontal support area, it could break out from the current descending wedge pattern. The post Elrond Gains Access to 300M Users With New Partnership, Helping EGLD Price Breakout appeared first on BeInCrypto.

Elrond is one of the first carbon-negative blockchains in Europe, and its integration with Opera will help millions of new users to access the Web3 ecosystem.

The Norwegian browser company has already offered in-browser crypto wallet support to nine blockchains since its beta version in January.

Investors need to buckle up and get ready. The markets are beginning to display classic symbols of a massive reversal. But unfortunately, very few investors will be able to take advantage. When bearish sentiment descends on the market, investors consistently believe in lower lows and always miss the reversal.