The EGLD is currently transiting the median of the Keltner Channel heading towards the upper band, where it should reach the upper edge of the bullish channel and decrease a little.
Bullish RSI , indicating exhaustion of selling forces and the Ichimoku Cloud transiting below the asset , makes the EGLS pair totally bullish. A limit order on one of the supports would be a log option for today.
Here are the supports and resistances in the 4H:
Main support levels: 44.87 / 42.88
Main Resistance Levels: 47.63 / 49.29
Elrond was a blockchain platform that specialized in offering scalability solutions, using its adaptive state switching technology. However, the company announced its transformation into MultiversX last November. The renowned company's main focus is now on the metaverse, as signaled by the launch of three new products:
XFabric – A fully customizable blockchain module.
xPortal: An application that will act as a portal to the Metaverse.
xWorlds: A mechanism to be used to create virtual worlds.
Bullish RSI , indicating exhaustion of selling forces and the Ichimoku Cloud transiting below the asset , makes the EGLS pair totally bullish. A limit order on one of the supports would be a log option for today.
Here are the supports and resistances in the 4H:
Main support levels: 44.87 / 42.88
Main Resistance Levels: 47.63 / 49.29
Elrond was a blockchain platform that specialized in offering scalability solutions, using its adaptive state switching technology. However, the company announced its transformation into MultiversX last November. The renowned company's main focus is now on the metaverse, as signaled by the launch of three new products:
XFabric – A fully customizable blockchain module.
xPortal: An application that will act as a portal to the Metaverse.
xWorlds: A mechanism to be used to create virtual worlds.