Aelf (ELF) Price Prediction: Crypto Analysts Eyeing a Bull Run Targeting $10

Crypto analysts are eyeing a bull run in the price of Aelf. Thanks to the coin's strong technical and fundamentals, experts are expecting a huge jump to $10.

Crypto analysts are keeping a close eye on Aelf, predicting a bull run in its price. Owing to the coin’s strong technical and fundamentals, experts are expecting a huge jump to $10.

Aelf’s price charts are continuously moving upwards. Reacting to the market conditions, Aelf got into a slight downward trend last week, but the coin is quickly recovering now.

Since the last week, Aelf has been on an upward trend, gaining over 19%. In the past 24 hours, Aelf has been up by 1.29%, which is a green flag for the investors.

A Sneak Peek into the Aelf Project

Aelf is the latest cryptocurrency project that works on three pillars: innovation, scalability, and security. This project blends the capabilities of AI and blockchain to fuel the development of Web3 applications. It offers developers AI-powered tools to develop decentralized applications effortlessly. The team behind Aelf is focused on the creation and use of side chains and the development of a unique and innovative governance system.

Currently, the fully diluted valuation of the Elf network is around $385,631,558, with 730,434,353 coins in circulation. The market capitalization is slowly increasing, making its way to $282,682,632. The trading volume has also risen to $21,309,733 in the last 24 hours, showing a solid growth of 21.10% from one day ago, signaling a rise in market activity.

Alef Price Analysis: The current price of Elf

As of 12 November 2024, Elf is trading around $0.3866 with an increase of 1.29% in the last 24 hours. The technical charts of the coin reveal its smooth reversal patterns from its major support point. According to the experts, there is a 95% possibility of Elf entering the bull run.

Analysts predict a bull run till $10

All eyes are on Aelf as it’s swinging around its major support zone. Since the last few months, the ai based crypto coin has been showing positive moves, and the experts are more bullish on Elf.

John Morgan, a crypto enthusiast with 30K followers, revealed his positive expectations on the upward trend of Elf coin. According to analysts, Elf is expected to move exponentially in 2024. The coin is expected to trade around $0.390 in 2024, setting the pace for a bull run in 2025.

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