- Bullish ELF value prediction ranges from $0.588 to $0.608.
- ELF value may additionally attain $0.49 this 2023.
- ELF’s bearish market value prediction for 2023 is $0.098.
What’s aelf (ELF)?
With the purpose of making a brand new blockchain world and providing enterprise options, aelf claims to be the one-stop answer for Web3 Dapps, constructed upon a “cloud-native, high-performance, next-gen blockchain system.” Furthermore, aelf boasts that its ecosystem is safe, quick, clean, and cost-efficient method.
As a layer-1 blockchain community, its Mainnet nodes run on completely different cloud-computing information facilities. aelf affords many infrastructures and developer instruments akin to extension pockets, app pockets, blockchain explorer, Multi-language SDKs, aelf Command Line, and extra.
ELF is the primary token of the aelf platform primarily used for paying transaction charges and SideChain index charges. ELF additionally allows manufacturing node deposits, voting, and block rewards. Based mostly on the issuance and launch plan, it’s anticipated that the full ELF issuance shall be $ 1 billion and its block reward launch plan halved each 4 years.
aelf (ELF) Market Overview
| 🪙 Identify | aelf |
| 💱 Image | elf |
| 🏅 Rank | #166 |
| 💲 Worth | $0.365964 |
| 📊 Worth Change (1h) | -1.03193 % |
| 📊 Worth Change (24h) | 6.88746 % |
| 📊 Worth Change (7d) | 20.23547 % |
| 💵 Market Cap | $169983441 |
| 📈 All Time Excessive | $2.6 |
| 📉 All Time Low | $0.03545756 |
| 💸 Circulating Provide | 461329999 elf |
| 💰 Whole Provide | 879999999.986 elf |
aelf (ELF) Present Market Standing
ELF is already ranked within the 109 place based mostly on its market capitalization, in line with CoinMarketCap. The present circulating provide of the ELF platform’s native token is 633,628,600 ELF, whereas its whole provide is 1,000,000,000 ELF.
Furthermore, ELF is priced at $0.3648, experiencing a ten.69% in at some point. With a market cap of $231,150,037, ELF additionally skilled a 0.03% surge in seven days. Furthermore, the buying and selling quantity is valued at $52,582,019, after experiencing a fall of 513.36% surge in at some point, indicating that the demand for this token is rising.
aelf (ELF) Worth Evaluation 2023
Will ELF’s most up-to-date enhancements, additions, and modifications assist its value rise? Furthermore, will the modifications within the digital asset business have an effect on ELF’s sentiment over time? Learn extra to search out out about ELF’s 2023 value evaluation.
aelf (ELF) Worth Evaluation – Bollinger Bands
The Bollinger Bands is a technical evaluation software that’s used to investigate value motion and volatility. Bollinger Bands (BB) makes use of the time interval and the stand deviation of the value. Usually, the default worth of BB’s interval is ready at 20. The higher band of the BB is calculated by including 2 instances the usual deviations to the Easy Transferring Common (SMA), whereas the decrease band is calculated by subtracting 2 instances the usual deviation from the SMA. Based mostly on the empirical legislation of ordinary deviation, 95% of the info units will fall throughout the two customary deviations of the imply.
The latest candlesticks fashioned broke via the higher band of the Bollinger Band. there could also be a excessive likelihood that ELF may expertise a value retracement. Furthermore, the chart reveals that the altcoin is experiencing an uptrend over the short-term interval. Throughout its value correction, ELF may fall within the backside half of the chart.
aelf (ELF) Worth Evaluation – Relative Energy Index (RSI)
The Relative Energy Index (RSI) is a momentum indicator utilized to search out out the present pattern of the value motion and decide whether it is within the oversold or overbought area. Merchants usually use this software to make choices about when to purchase or promote the tokens. When the RSI is commonly valued beneath or at 30, it’s thought-about an oversold area, and a value correction may occur quickly. Furthermore, when the RSI is valued above or at 70, it’s considered the overbought area, and merchants count on the value may fall quickly.
The RSI is valued at 71.25, indicating that the altcoin has reached the overbought market. Furthermore, the RSI entered the overbought after making a subsequent bullish crossover. Naturally, when the candlesticks attain the overbought area, there could also be an opportunity that the altcoin could face a value correction quickly.
aelf (ELF) Worth Evaluation – Transferring Common Convergence Divergence (MACD)
The Transferring Common Convergence Divergence (MACD) indicator can be utilized to determine potential value developments, momentums, and reversals in markets. MACD will make the studying of a shifting common cross simpler. The MACD indicator is calculated by subtracting the long-term EMA (Exponential Transferring Common) indicator from the short-term EMA. Usually, the default values for the MACD are set at 12-day EMA, 26-day EMA, and 9-day EMA. Furthermore, MACD is taken into account a lagging indicator because it can not present commerce alerts with none previous value information.
Wanting on the charts, the inexperienced bars on the MACD indicator proceed to type, indicating a potential bull pattern out there. There could also be an opportunity that the uptrend may cool down which may have been attributable to the immense variety of patrons coming into the market. Nevertheless, the MACD line, at present, strikes upward whereas sustaining a distance from the sign line.
aelf (ELF) Worth Prediction 2023-2030 Overview
| Yr | Minimal Worth | Common Worth | Most Worth |
| 2023 | $0.438 | $0.478 | $0.588 |
| 2024 | $0.827 | $1.05 | $1.34 |
| 2025 | $1.22 | $1.38 | $1.67 |
| 2026 | $1.463 | $1.738 | $1.88 |
| 2027 | $1.500 | $1.727 | $2.012 |
| 2028 | $2.32 | $2.54 | $2.77 |
| 2029 | $3.14 | $3.23 | $3.58 |
| 2030 | $3.34 | $3.76 | $3.80 |
| 2040 | $12.09 | $13.92 | $14.82 |
| 2050 | $23.91 | $25.38 | $27.94 |
aelf (ELF) Worth Prediction 2023
The candlesticks had been buying and selling close to the help line and the SMA line was on the verge of forming a loss of life cross. Nevertheless, it appears the patrons rallied to the altcoins facet creating an uptrend. This uptrend led the candlesticks to achieve the present resistance. If this momentum is maintained, ELF may cross newer territories sooner or later.
In the meantime, the forecast for ELF stays to be bullish and is predicted to achieve past the extent of $0.5. The bearish value prediction for ELF ranges from $0.103 to $0.098. Nevertheless, on the off likelihood, that ELF experiences a particularly bullish sentiment once more, there’s a excessive risk that it commerce past the extent of $0.7.
| Bullish Worth Prediction | Bearish Worth Prediction |
| $0.588 – $0.608 | $0.103 – $0.098 |
aelf (ELF) Worth Prediction – Resistance and Help
The candlesticks are at present buying and selling between $0.35 and $0.27. If the present momentum is maintained then ELF may cross past the resistance ranges. There’s a excessive likelihood that after every resistance stage, these limitations would quickly develop into help ranges. Merchants additionally count on that ELF could cross past the $0.5849 stage.
aelf (ELF) Worth Prediction 2024
Merchants are trying ahead to this 12 months because it might be a historic second for cryptocurrencies, because the Bitcoin halving is predicted to occur in 2024. More often than not, at any time when BTC rises, merchants have noticed an analogous surge within the altcoins. ELF is also affected by Bitcoin halving and will commerce past the value of $1.34 by the tip of 2024.
aelf (ELF) Worth Prediction 2025
ELF may nonetheless expertise the after-effects of the Bitcoin halving and is predicted to commerce above its 2024 value. Many commerce analysts speculate that BTC halving may create a big impact on the crypto market. Furthermore, much like many altcoins, ELF will proceed to rise in 2025 forming new resistance ranges. It’s anticipated that ELF would commerce past the $1.67 stage.
aelf (ELF) Worth Prediction 2026
It’s anticipated that after an extended interval of bull run, the bears would come into energy and begin negatively impacting the cryptocurrencies. Furthermore, when ELF stays within the oversold area, there might be a value correction quickly. ELF, by the tip of 2026, might be buying and selling past the $1.88 resistance stage after experiencing the value correction.
aelf (ELF) Worth Prediction 2027
Naturally, merchants count on a bullish market sentiment after the crypto business was affected negatively by the bears’ claw. ELF is predicted to rise after its slumber within the bear season. Furthermore, ELF may even break extra resistance ranges because it continues to recuperate from the bearish run. Subsequently, ELF is predicted to commerce at $2.01 by the tip of 2027.
aelf (ELF) Worth Prediction 2028
As soon as once more, the crypto group is trying ahead to this 12 months as there shall be a Bitcoin halving. Alike many altcoins, ELF will proceed to type new larger highs and is predicted to maneuver in an upward trajectory. Therefore, ELF could be buying and selling at $2.77 after experiencing a large surge by the tip of 2028.
aelf (ELF) Worth Prediction 2029
2029 is predicted to be one other bull run because of the aftermath of the BTC halving. Nevertheless, merchants speculate that the crypto market would steadily develop into steady by this 12 months. In tandem with the steady market sentiment and the slight value surge anticipated after the aftermath, ELF might be buying and selling at $3.58 by the tip of 2029.
aelf (ELF) Worth Prediction 2030
After witnessing a bullish run out there, ELF and lots of altcoins would present indicators of consolidation and may commerce sideways for a while whereas experiencing minor spikes. Subsequently, by the tip of 2030, ELF might be buying and selling at $3.80.
aelf (ELF) Worth Prediction 2040
The long-term forecast for ELF signifies that this altcoin may attain a brand new all-time excessive(ATH). This is able to be one of many key moments as HODLERS could count on to promote a few of their tokens on the ATH level. Nevertheless, ELF could face a slight fall earlier than beginning its upward journey as soon as once more. It’s anticipated that the common value of ELF may attain $14.82 by 2040.
| Minimal Worth | Common Worth | Most Worth |
| $12.09 | $13.92 | $14.82 |
aelf (ELF) Worth Prediction 2050
The group believes that there shall be widespread adoption of cryptocurrencies, which may preserve gradual bullish positive factors. By the tip of 2050, if the bullish momentum is maintained, ELF may surpass the resistance stage of $27.94.
| Minimal Worth | Common Worth | Most Worth |
| $23.91 | $25.38 | $27.94 |
Conclusion
ELF has been a part of the watch-out checklist for a lot of buyers because it goals to make its mark within the blockchain business. If buyers proceed to indicate curiosity in ELF and add these tokens to their portfolio, then, it may proceed to stand up. ELF’s bullish value prediction reveals that it may go past the $0.588 stage. Furthermore, ELF may surpass the $27.94 stage by the tip of 2050.
FAQ
ELF is the primary token of the aelf platform primarily used for paying transaction charges and SideChain index charges. ELF additionally allows manufacturing node deposits, voting, and block rewards.
ELF may be traded on many exchanges akin to Binance, Poloniex, KuCoin, Bitget, and extra.
With upcoming tasks and developments, ELF could expertise a surge sooner or later. Earlier than investing, merchants must conduct their very own analysis.
ELF may be saved in a chilly pockets, scorching pockets, or change pockets.
ELF is predicted to achieve $0.5849 by 2023.
ELF is predicted to achieve $1.34 by 2024.
ELF is predicted to achieve $1.67 by 2025.
ELF is predicted to achieve $1.88 by 2026.
ELF is predicted to achieve $2.01 by 2027.
ELF is predicted to achieve $2.77 by 2028.
ELF is predicted to achieve $3.58 by 2029.
ELF is predicted to achieve $3.80 by 2030.
ELF is predicted to achieve $14.82 by 2040.
ELF is predicted to achieve $27.94 by 2050.
Disclaimer: The views and opinions, in addition to all the knowledge shared on this value prediction, are printed in good religion. Readers should do their very own analysis and due diligence. Any motion taken by the reader is strictly at their very own danger. Coin Version and its associates is not going to be held accountable for any direct or oblique injury or loss.
