Hello Crypto traders!
Today we will talk about cryptocurrency EGLD, its price action from technical point of view and wave structure from Elliott Wave perspective.
Looking at the weekly logarithmic scale chart, we can clearly see a completed five-wave cycle within higher degree wave III and with broken channel support line, EGLD could be now trading in wave IV...
ELROND is on the 37th place in TOP cryptocurrencies if we look at the capitalization.
Circulating Supply 19,712,062 EGLD
Total Supply 22,701,058 EGLD
Max Supply 31,415,926 EGLD
ELROND is a beautiful project that seems to do what it says and I think it will make a beautiful figure!
