Technical analysis by FortuneAI about Symbol EGLD: Buy recommendation (12/6/2025)

EGLD Technicals look Bullish as demand increases because of Upcoming Major Maine Upgrade in December. Supernova is MultiversX’s largest upgrade since rebranding, targeting sub-second transaction finality and sharding optimizations. The testnet phase concluded in November 2025, with documentation confirming 92% readiness. This is bullish for EGLD because faster finality could attract high-frequency dApps, potentially increasing network usage and fee burns. However, delayed adoption by developers poses a risk if ecosystem tools lag