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We have to see if we can climb above the 195.785813 point.
If it falls, we need to see if it can rise along the uptrend line.
If it falls between 147.020922-157.571180, a...
New retracement had changed our of Wave 2 for elrond it's why iam making this update (line in red). Here are possible targets for this intermediate wave 3 (red line) if we don't go lower.
Golden pocket has been hitted but always keep door open for a low W2. Yesterday was a BIG day today for the ElrondNetwork community with the release of Staking Phase 3. One step...
EGLD is a really strong project, but as we know in crypto even the strongest projects face heavy downtrends and big dumps. EGLD has not had a real dump since the big pump as a hedge ill short EGLD, because the DEFI is not really running yet and I see coins with a healthy defi system pumping like crazy now. If this short play works out it will give some nice gains...
After a long two-month retracement and accumulation; Egld has currently broken out of the daily Asymmetrical triangle.
I'm expecting a measured move to a target price of around 309-325. I'll be dollar-cost-averaging 10% above all-time high resistances depending on the movement of BTC.
This is not financial advice, the chart is published for pure speculation.
Not financial advice. Couple of scenarios I could see playing out. I see the most optimistic one also being the most realistic. Things are looking up, and DeFi 2.0 is just around the corner too: that means NFTs, ESDTs, and more. I am just an average hodler that likes to draw lines on graphs so I don't have any 'targets' or 'long positions', just my thoughts on...
The Elrond team has been working hard these last 6 months and it is paying off!
After this consolidation, EGLD can go higher again and to a new ATH very soon.
So load your bags and enjoy the ride!
Take profit target: $379 - $389.
And take care.
Currently we see how we are approaching a cross from macd to 1D where this recently produced a large bull run and also finding a strong reaction zone in our rsi where previously in its retest it produced the same as the aforementioned indicator.
Really funny to see this compression ending march 26th because it's a special day for Elrond. It's the go-live date for the Delegation Manager Stacking Phase 3.0. Also tentatively, on March 27, the Web wallet & Maiar will display the available Staking Providers & their delegation SCs.
The new network features will be enabled on March 26th, after 14:30 UTC.
EGLD has now broken out of its falling wedge.
MACD is looking bullish on the 4H timeframe.
Price is not currently above 200EMA level which is acting as a strong support level now.
If we can keep price above this level, we can see upward continuation.
Support cluster is at around $125.