The tempo of price decrease slowed down when trading volumes decreased. EGLD is trading under liquidity. The RSI chart is in the oversold zone (4H, 1H and 30m TFs) BB indicator points to oversold (4H and 30m TFs). Price and RSI have formed a bullish divergence (30m TF) I expect price to rise if the asset holds above the support zone.
EGLD will be around 10 years from now when many other projects have died. Buy it for the long term hold. Stake it or add liquidity at xExchange.com if you want to yield farm.