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EGLD

EGLD to reach new highs within price channel based on MEX launchBINANCE:EGLDUSDT has been strengthening since it re-entered the longer term channel (shown). This is due to further development of the blockchain and partnerships. The upcoming Maiar Exchange (MEX) launch will have a significant impact on the utility of the Elrond blockchain (as seen by DEX implementations on other major blockchains). Once the ATH is breached, price discovery could easily propel price to the upper bound of the channel (price target), and possibly beyond. CRYPTOCAP:EGLD BINANCE:EGLDUSDT BINANCE:EGLDBTC
Long
by BillyStaples
🔥 EGLD Huge Move After Crash: New TargetOver a week ago I made an analysis on EGLD. I expected the price to reach $200 shortly after a huge bullish period. During the crash earlier this week, EGLD fell down to my earlier indicated support of $150. After a while it made a fake-out below the support and reversed swiftly. We're currently trading above our main target of $200. I'm expecting the price to see some consolidation around this area before moving on. New target for the coming weeks is placed at $240. With the rotation of market leaders, this token could very well reach crazy highs in the near future. Happy trading!
Long
by FieryTrading
5
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
EGLDUSD - Finishing the 3rd waveHi and welcome back to my analysis channel. It's been a while since I posted my last trading idea and I would like to sart with EGLD since the chart says to us that we should close some positions because wave III is ending its formation soon. The next step is wave IV that will make a correction in the range between 130-160, after which we will be able to enter the 5th wave rally to gain bigger profits. -------------------------------------------------------------------------------------- The wave V has 2 ways of growth. First one reaches the 200 dollars resistance level, since according to Elliott Waves Theory, the extension in 3rd wave determine approximately the same size of waves 1 and 5 The alternative count says that wave V could reach 1.618 of w3, which is less probable. I think in this case we should follow some fundamentals in order to see if the EGLD has a basis strong enough to break some key levels and to grow bigger than the perfectly formed 3rd wave. Thus the clearer image will be available at the start of that 5th wave -------------------------------------------------------------------------------------- I would also like to notice that the purple arrows you see where a prediction made by me without publishing it here. This is a good example of how useful can Elliott Waves Theory(EWT) be in predicting market moves. Good luck in your trading / investment decisions guys. Like / comment / share to support my ideas if you like them stay tuned ;)
BITFINEX:EGLDUSD
by wescapist
2
$EGLDUSDT UPDATE!!!!Hi Traders, $EGLD looking very bullish still even though we have been seeing consolidation across the market. We have two support zones/order blocks where liquidity can been captured to take prices higher again. It all depends on how well $BTC holds its levels. Go to our last $BTC to reference levels it needs to hold to push prices higher. Thanks MS ⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️
by Market-Snipers
1