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Elrondgold

EGLD Price Fractals: Ready To Fly !Here's a comprehensive analysis on EGLD performed on a weekly time-frame and we will observe how the prices exhibit fractal properties over time. Also, we'll speculate upon the factors (listed below) which will lead the price to it's next possible New All-Time-High (ATH). (i) The price momentum has been developing inside an "ASCENDING CHANNEL" since Dec 2019, with the middle line acting both, resistance and support throughout the course inside the channel and after the breakout from the middle line of the channel the price has repetitively surged towards it's ATH. (ii) The Important Fibonacci Levels for every cycle seems to be the 0.382 level at which the prices retraces back after forming a new ATH. (iii) After making an ATH, the price retraces and everytime the prices tests the Lower Trendline of the channel the demand pushes the price back to the upside with exceptionally strong momentum which unfolds the discovery of new ATH. This type of extensive analysis is more of a speculation of the price development rather than prediction of price projected in the future. Feel free to share your thoughts and your targets for EGLD in the comments below.
BINANCE:EGLDUSDLong
by Wolf_Of_Alt_Street
22
Elrond EGLD upside potential for Wave 3 at 151.94$Elrond is without a doubt on the rise and for good reasons. The new Egold a top prospect in the crypto world. Maiar wallet is coming soon and Elrond and Binance Smart Chain Integration will enable Strategic DeFi Interoperability. Thus, Elrond can process upwards of 15,000 transactions per second ( TPS ), with 6-second latency, and negligible cost, attempting to become the backbone of a permissionless, borderless, globally accessible internet economy. Here a some technical key aspects to be bullish on Elrond : -Current Supply : only 16 768 545 EGLD -Total Supply will be : 21 074 792 EGLD -Total Delegated stacking : 7 millions EGLD for 340 millions dollars -Total Validators stacking : 6.2 millions EGLD for 300 millions dollars Elliott Wave Analysis. Potential Main Wave 3 fibonnaci targets -71.52$ (161.8%) -111.73$ (261.8%) -151.77$ (361.8%) Current support on D for EGLD -EMA Ribbon between 38$ and 30$ -MA21 at 38.21$ -MA7+9 at 40 .81$ and 41.45$ I will post many follow up on Elrond every week, stay tuned! If you appreciating this analysis you can make a donation by clicking the link under. Leave a comment, or ask a question.. i'll do my best to answer you. Best to you !
BINANCE:EGLDUSDLong
by Crypto_Mercy
13
Elrond Gold (EGLD) Grows Over 3000% In 163 Days; Round 2 NowElrond Gold (EGLDBTC) grew by 3081% if you start counting on the late March low all the way to the early September peak. After the September peak, we had 76 days of correction before support was hit on Nov. 18. We had ~5.4 months of bullish action followed by ~2.5 months of bearish action... A new bullish wave is about to start. We can see that EGLDBTC retraced below all EMAs and also the 0.786 Fib. retracement level based on the last bullish wave. Now, we are seeing a strong bullish candle that is pushing prices above EMA10, EMA21, and EMA50, with the RSI above 60; this all signals strength. It is very likely that EGLDBTC will resume its bullish trend. For how long will this new bullish wave go? We don't know exactly, but just as this pair ended in a higher low, it is sure to print a higher high before this new wave is done. If momentum is lost, the blue dashed line will work as support. Namaste.
Long
by AlanSantana
5