Elrond Parabolic trend IS IT TIME TO CASH OUT YOUR SUICIDE STACK
Elrond has been on a massive tear pumping 400% in the last month or so, The question is when will ERD get a pull back and test the a support?
As you can see in Chart this massive run up in price might be running out of steam as the RSI shows that Elrond might be over bought, soon, If not now, people will take profits.
My guess is that Elrond will move sideways for the next week while testing a support like marked by the BLUE horizontal line before pushing to the upside, Let me know what you think?
As you can see in Chart this massive run up in price might be running out of steam as the RSI shows that Elrond might be over bought, soon, If not now, people will take profits.
My guess is that Elrond will move sideways for the next week while testing a support like marked by the BLUE horizontal line before pushing to the upside, Let me know what you think?
Comment:
More than Likely YES, Elrond's mainnet is set to be released in less than a week, look for a massive move to the upside or a possible 30% move to the upside