Key stats
Market capitalization
1.034BUSD
Fully diluted market cap
1.29BUSD
Trading volume 24h
15.998MUSD
Circulating supply
25.187M
Scenarios for EGLDWe just broke Resistance 1, but there is another Resistance 2. Even for Resistance 1, it could be a Fakeout. As per the Wedge that has formed, I would be inclined to see three touches on the lower side (only two for the moment), so I would not be surprise to go under previous low, also as a spring o
EGLDUSD between the 1D MA50 and 200 waiting for a break-out!Elrond (EGLDUSD) is rebounding since yesterday after coming very close to the 1D MA50 (blue trend-line), which has been supporting since the January 13 bullish break-out. Practically after the February 08 rejection, it has been ranging within the 1D MA50 and the 1D MA200 (orange trend-line) waiting
Bearish case if we are in Distribution!So we need to overcome 30 weekly average to be bullish. If not, I would say we can repeat the rejection of the past and go as far down as 23$ as a final step by end of March to recover from there, as last point of the Wyckoff distribution schematic.
I estimated target bottom by looking at previous
[UPDATE EGLD] Nothing changed. What if?As I mentioned before, we could be currently in stage 2 of this inflationary bear market. This means that inflation peaked in September and we can expect to see lower inflation for a few months, followed by a recession. This will likely lead to more bear market rallies until the Federal Reserve inte
EGLD - Strong Breakout Idea An Idea suggesting a breakout of this wedge structure and movement higher will come
Optimal area for price to be would be along the white dashed line
Breakout please
#EGLD Egld/USD -4h Chart#EGLD - we have multiple confluences and probabilities.
Analysis is done for the swing trade opportunity.
The first scenario is more optimistic showing only a retrace and continuing the trend. But there is a possibility that the price may liquidate the trendline and make a consolidation at the
Get Ready for 2023 Lower Low and a bigger higher lolThe current price is ok but to generate enough holders for 2023 we need a decent dip.
Any of the green lower lines would create a strong positive outcome.
Previous trades was outstanding and performed very well.
Coinbase is listing so i assume there will be alot more volume next year to make this ch
Bull Forecasting...Expecting big things from alt layer ones in the future - should see this around $1800-2k~ per coin if I'm right.
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EGLDUSDNetwork troubles leaves Elrond in a slump
Elrond’s major decentralized exchange, Maiar, is forced offline due to an exploit, sending the token to yearly lows.
EGLDUSDElrond expands the fellowship
Elrond has recruited another member for its journey to the top, and the rest of the team seems to think they fit right in.
EGLDUSDAll eyes on Elrond
Altseason is in full swing, and a massive liquidity incentive program from blockchain platform Elrond sends its native token shooting upwards.
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