Will EGLd go up?

As a keen observer of the cryptocurrency market, I'm curious about the potential movement of EGLD. Given its recent fluctuations and the overall market sentiment, what are the key factors that could influence its upward trajectory? Is there any significant news or announcements related to the project that could boost its price? Furthermore, how does EGLD's performance compare to other cryptocurrencies in the same sector? Lastly, could you provide any technical analysis or predictions based on historical data to help me understand if EGLD is likely to go up in the near future?