EGLD has responded to the recent surge in BTC price action, correcting the EGLD/BTC pairing. A ascending triangle formed on the 4H-8H timeframe with volume support. A daily close above 258 would suggest further uptrend continuation.
TP1: 331
TP2: 355
TP3: 450
TP4: 620
TP5: 680
I could see a continuation up to 1100 dollars. That is only if BTC continues its parabolic rise till january 2022 and produces a massive altseason. Elrond fundamentals are enormous and is currently undervalued in my opinion.
NFA
TP1: 331
TP2: 355
TP3: 450
TP4: 620
TP5: 680
I could see a continuation up to 1100 dollars. That is only if BTC continues its parabolic rise till january 2022 and produces a massive altseason. Elrond fundamentals are enormous and is currently undervalued in my opinion.
NFA
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.