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Egldusd

Elrond bear market bottom to 36.50$ or 20$Hey everyone, E wave inside ABCDE in yellow was a FLAT ABC trap. Egold only have 2 MA's, 3 Months MA9 at 112.70$ and 5 months MA 7 at 108.65$. Losing this can easily bring the eGOLD on next strong support which is 85$. I see Elrond is this Grand WXY in Blue. 2 top bear market log fibs are 0.382 which is 36-37$ for Elrond, and logo 0.30 at 65.50$ but weakest altcoins sometimes drop to log 0.5, its around 16$ -18$ for the eGOLD. Its a possibililty but less probable than36$ in my opinion. Best to you !
BINANCE:EGLDUSDShort
by Crypto_Mercy
2
EGLD could get a value of 1100 USD - Sofi12zElrond ( EGLD ): An Internet-Scale Blockchain Elrond is a cheap, efficient, and scalable blockchain network that provides utility for both dApp developers and enterprise resolutions. Summary An internet-scale blockchain, Elrond is fast, cheap, and efficient, and is designed to provide utility across the full spectrum of use cases. Elrond Network leverages Adaptive State Sharding and its unique Secure Proof-of-Stake (SPoS) consensus mechanism to deliver industry-leading scalability. This article highlights some of the advanced features offered by the Elrond encryption protocol. Elrond Network Design Launched in July 2020, the Elrond blockchain is designed to grant decentralization, stability, and scalability for distributed applications and organizations alike. The plan brings together cross-chain interoperability, helping developers, and achieving maximum operational efficiency. Elrond Network calls itself an Internet-scale blockchain, implying that it is designed to handle transactional performance on par with major Internet platforms, as opposed to the subjectively lower performance associated with other blockchain networks. of blocks. To put Elrond's performance into view: The Bitcoin network can confirm an average of 7 transactions per second (TPS); Elrond's crypto equipment ensures that its network can handle 15,000 TPS and at a price of just one cent per transaction. Elrond achieves this significant network efficiency with a creative conjunction of its bespoke Secure Proof-of-Stake settlement mechanism, advanced sharding technology, validation network composition, and native Elrond eGold ( eGLD ) currency. Elrond's currency: eGold ( eGLD ) While the Elrond Network provides a platform for the deployment of capable contracts, decentralized applications (dApps) and even entire blockchain protocols, its native eGLD coin is the unit of cost that enables the management of the entire network. The utility of the eGLD coin in Elrond is multiple. It is used as part of the platform's regimen mechanism, for collaboration and validation rewards, and as payment for capable transactions and contracts. Both users and developers of the platform pay for the use of the Elrond Network with the eGLD coin, which serves as gas for the entire ecosystem. The eGLD coin is designed to be used with the Maiar Wallet, owned by Elrond, which enables users to send almost instant transactions through the Elrond network. Maiar provides functionalities to borrow, lend, send and receive, in addition to gambling. As of April 2021, the circulating supply of eGLD coins has been 17.2 million, with 55.5% of these locked in the network's collaboration rewards protocol. The novel eGLD coins will be released piecemeal according to capable contracts over the next 10 years until the final supply of 31.4 million eGLD coins is reached. The subjectively low supply of eGLD coin, the blocking program and the high percentage of coins staked are thought to be positive crypto-economic indicators in relation to Elrond's long-term viability. Proof of secure collaboration (SPoS) Elrond Network uses its own proprietary Proof of Partnership (PoS) agreement algorithm called Secure Proof of Partnership (SPoS) which displays a sequence of unique creations. In the Elrond network, a node is a server, smartphone or PC that makes the client program of the Elrond node to transmit and process data through the network. Although each of the PoS networks use a system of nodes to make data transactions and enter into agreements, Elrond makes use of 3 specific types of nodes. Validators are the primary nodes of Elrond and are responsible for processing transactions on the network in exchange for eGLD. Observers are passive network nodes that simply read and transmit network information. Unlike Validators, Observers are not forced to stake eGLD coins to participate in the network and are not rewarded for their services. Fishers are specialized nodes that verify or challenge block data after it has been processed by validating nodes. A fisherman node is assigned rewards in proportion to its effectiveness in detecting malicious actors. One aspect of the Elrond network's SPoS mechanism that enables its transaction performance is its near-fast random validator selection, which is enabled by blockchain sharding: the process of dividing an entire blockchain into data sets. smaller and more manageable for maximum efficiency. Validating nodes are then randomly assigned to these personal shards so that each validator only needs to confirm the data stored in their special shard, rather than the integrity of the data stored on the blockchain. SPoS also uses Boneh-Lynn-Shacham (BLS) multi-signature technology to randomly choose nodes in each shard to finish validator selection within 100 milliseconds or 0.1 seconds. This is estimated to be extraordinarily fast for a blockchain network and is the kind of speed for which the term Internet scale is reserved. Elrond Blockchain Sharding Innovations Elrond Network makes use of what is called Adaptive State Sharding by combining 3 standardized sharding procedures into a high performance balanced system. Network sharding enables how network nodes are allocated and mapped to specific shards, and transaction sharding is used to decide how transactions are allocated to shards. However, the fragmentation of the state is the most complex, and it is what distinguishes Elrond from its competition. It works like this: Since transactions typically involve accounts that are on different shards, you need to exchange messages and update network states between shards. To improve resistance to multiple attacks, nodes in network shards are shuffled to preserve stability through randomness. The conjunction of these 2 components shows latency challenges once nodes are reassigned and have to synchronize with new shards. State sharding necessitates that nodes only store a section of the overall network state, rather than the entire state, so once they move to a completely new partition, they only have to download a section of the new state, which which causes the synchronization process to be much faster. . Additionally, Elrond uses what he calls a Metachain to operate as a coordination mechanism for the various shards of the network. Metachain operates on its own specialized shard that enables direct communication with all other shards to coordinate cross-shard operations that enable the entire Elrond crypto ecosystem. Capable Contracts in the Elrond Ciphernet The Elrond Virtual Machine, or Arwen WASM Virtual Machine, has been designed primarily to build capable contracts on the Elrond platform. It supports any programming language that manages to compile web assembly capable contracts, built-in Rust, C/C++, C#, Go, Typescript, and several others. This functionality enables developers to plan in relative languages, however, Rust is the recommended language due to Elrond's sophisticated Rust smart contract framework. The Elrond Virtual Machine ( VM ) smart contract engine is intended to be fully compatible with the Ethereum Virtual Machine ( EVM ), which means that Ethereum capable contracts have the ability to run seamlessly on the Arwen WASM virtual machine. The Arwen WASM virtual machine is also designed to be able to do full interoperability between external blockchain systems, which helps enable cost and other data exchange between various blockchain protocols. Elrond use cases Elrond is also intended to recognize non-fungible tokens (NFTs) and showcases an NFT framework called Capable Accounts. Capable accounts function much like an account on any other blockchain network, however with support for account-grade key cost data storage. They allow users to save monumental chunks of information, such as emails, bitcoin addresses, private identity data, health data, proof of citizenship, Know Your Buyer (KYC) information, and more, directly into their account. Elrond Network. Additionally, capable accounts remain designed to store and display ownership of digital assets directly without using the Elrond virtual machine, resulting in less bloat in capable contracts that govern user funds. Elrond is preparing for the rollout of Elrond Standard Digital Tokens (ESDT): tokenized stablecoins, synthetic assets, and fiat currencies that will run on the preeminent part of the Elrond network, but do not require smart contract functionality. Elrond's scalability and speed further prepare the network for Internet of Things (IoT) functionality. Organizations present exploring blockchain networks as business resolutions yearn for platforms that meet their most pressing needs. Elrond Network provides an efficient, scalable, developer-friendly, and affordable blockchain protocol that could address many of the needs of large-scale organizations. With a growing list of enterprise blockchain consumers internationally, Elrond delivers resolutions for data exchange, IoT, financial services and many more applications, showing that the adoption of the Elrond network by users is getting more and more intense. . Now let's see, what is Maiar Exchange, The EGLD Exchange. Tokenization allows global and immediate liquidity for practically any type of asset. Through automatic mechanisms of evaluation, collateralization, and programmatic trading, decentralized finance is about to blur the lines between what we now think of as differentiated markets. The ability for any kind of value to become digital, liquid, instantly, and globally tradable will give the world economy superpowers. literally. Therefore, it is immediately obvious that the infrastructure energy underlying value exchange becomes critical infrastructure for the century. The rapid evolution from stock markets, to centralized exchanges, to decentralized exchanges, powered by automated market makers, paves the way for significant global improvement. For this improvement to materialize and be widely adopted, a few essential elements are necessary: 1. A powerful automated market maker – enabling efficient programmatic peer to peer trading between buyers and sellers 2. An open, Internet-scale infrastructure that enables fast and cheap transactions on a global scale 3. Intuitive user experience - enabling anyone to become a player in the global economy 4. Incentives, distribution and governance of the global and democratic community Internet-scale infrastructure-based automated market makers The essence of recent variants of automated market makers is best expressed by the product constant equation: x * y = k In its functionality, if a set of swaps has several units of token x and several units of token y, the operations are set so that the portions of xy resulting after the operation, once they are multiplied, are equivalent to a constant fixed, k. However, the present performance of AMM could be significantly improved by rebuilding them into vastly more scalable architectures. By reimagining an automated market maker in addition to a highly scalable architecture that is high bandwidth, low latency, and inexpensive, the performance of barter processes can be radically improved. With significantly better performance, MMA's reach can be expanded immediately, opening up new market opportunities. Perhaps the most relevant vector of increase that we will observe will come once intuitive simplicity and ease of use make it possible for tens of millions, hundreds of millions, and, in the end, a huge number of millions of individuals to interact with these new technologies, making easier the easy and instant barter, a scale. Community distribution, incentives and participation Go beyond product performance and customer experience: Community sharing, incentives, and governance take the guesswork out of a compelling startup process, incentivizing both rapid adoption and long-term contribution. Putting all these pieces of the puzzle together will create a compelling product, fueled by an immediate trajectory of growth, taking it beyond the blockchain ecosystem. Introducing Maiar Exchange's internet-scale value exchange for the next billion. Maiar Exchange is the latest automated market maker, rearranging some of the key elements to build a product that can harness the full performance of the elrond architecture, to offer cheap, near-instantaneous, global transactions between an expanding set of assets. Additionally, once live, the Maiar Exchange will be integrated into the Maiar app, offering a simple and intuitive interface that is accessible to anyone, anywhere in the world. To ensure fast adoption cycles, open governance, and long-term contribution, the Maiar exchange will have a native governance token called MEX, which enables community-driven development and governance. As we can see Maiar has a strong build behind him. From a strong community, a cryptocurrency with a lot of project value, a fairly secure network and so far without any security flaws, and its own exchange. I see that EGLD will have a lot of future in the long term. But hey, let's go to technical analysis. Technical Analysis Knowing what EGLD really is and what it contributes to Blockchain, let's go to basic technical analysis concepts. First of all, let's visualize what the ATR indicator is, which seeks to measure the volatility of the asset, this is important to know how much risk to changes of % in the price we currently have, in general now the volatility is at a minimum similar to the zone of accumulation in July 2021. This is a good indication to start considering the possibility of buying EGLD in the long term from now on. EGLD is currently at -71% from its ATH at 491 within what would be a Daily Chart at closing price. EGLD is currently only worth 134 USDT. Being their demand zones (Buy, Support) at 131-112 USDT. Including in extreme cases the support with the highest demand in volume from 65 USDT to 86 USDT. Also, this includes their supply zones (Sell, Resistance) at what would be 196-240 USDT. If this area is exceeded, the supply in the other prices would be easy to overcome. Our minimum target would be 690 USDT although I really believe based on the potential and using the risk reward system that EGLD could reach a value of 1100 USDT within a time. It should be added that there is currently an imbalance at 175 USDT so it is possible to have a small boost from now on. My personal recommendation is to DCA the asset based on volume activity. The analysis does not seek to be complex, just basic concepts 😊
BINANCE:EGLDUSD
by UnknownUnicorn18500526
2
EGLDUSDT, The price break this support levelHello everybody EGLD is one the most powerful project that is working on ... . (Fundamental is good for investing) According to the chart and the condition of the market, We expect that the price can break this support trendline level becuase the angle and the condition of the trendline isnt good as the market expect it and in days later we have FOMC EVENT that they wanna rise the rate of central bank and this means the markets the all markets ready to fall down. If you want to take in position observe to capital management and dont forget tu use stop loss If you need any help or wanna be our MEMBERSHIP ---> Send us messages Good Luck Abtin Previous analysis :
Short
by Abtin00
3
EGLD is gonna Touch 260-300$ soonEGLD is in an Ascending Triangle. This means the Price can Increase as much as the Measured Price Movement (AB=CD). No break out Has accrued yet So we shall wait Before Confirmation. there is also a Hidden Bullish Divergence on MACD as well (+HD) Which means the Price is gonna Increase pretty Soon! If the break out Happens we can See EGLD reach 260-300$ afterward. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ Thank you for seeing idea . Have a nice day and Good luck
Long
by CobraVanguard
8
EGLDUSDT formed many bullish patternsIt seems EGLD formed bullish flag on different TFs. It's highly possible to break above the trendline and hit the target showed by purple line. Besides it formed an inverted H&S which i'm optimistic about it to break the neckline. Also a bullish Harmonic pattern formed on 1h, 2h and 4h TF. So i believe it might have a spike after breaking above the trendlines. P.S: As the BTC's moves impact other alts, so bear in mind that it depends on the moves BTC make.
Long
by CryptoManiac112
ELROND LONGS ACTIVE 📉📉📉📉 Expecting bullish price action on ELROND(EGLD) after price made a failure swing low meaning near 130$ price area meaning the market strucutre has been shifted. We have a bullish BOS. I woudnt take LONGS trade from this area as we are not in a DISCOUNT market area yet. I will wait for the price to return to fill the bullish imbalances and reject the bullish orderblock on H4. And from there to go higher above 250$ - 300$ area. What do you think ? Where we go next ?
BINANCE:EGLDUSDLong
by AnonimFXRO
Elrond (EGLD) - March 24Hello? Traders, welcome. If you "follow", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (EGLDUSDT 1W Chart) If the price holds above 189.78, it is expected to turn into an uptrend. (Important perspective) Primary resistance: around 259.05 Secondary resistance: around 388.02 If the price falls below the uptrend line, there is a possibility that it will move towards the 89.17 area, so you need to trade cautiously. -------------------------------------- (EGLDBTC 1W chart) Above 0.001910: Expect the uptrend to continue Above 0.0035: Expected to create a new wave. Primary resistance: 0.004758-0.005159 Secondary resistance: 0.007040 It is important to keep the price above the 0.004228 point. ------------------------------------------------------------ ----------------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume. However, for convenience, we are talking in reverse for the interpretation of the indicator. ** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet. (Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.) ** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee a profit or loss in investment. (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.) ---------------------------------
by readCrypto
EGLD Is Going to touch 270$ once again🌳EGLD Has Done a Massive Correction! But It Seems To be Recovering From That! As You Can See The Price Has Created a Good Double Bottom Pattern. This Means When The Break out Happens, The Price Can Increase as Much as The Measured Price Movement (AB=CD which in This Case Is as Much as the Length Between The Bottom & the Top of a Bottom!) So This Means that EGLD is able to Reach 270$ Once again. But No Confirmation yet cause There is no Break out. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ Thank you for seeing idea . Have a nice day and Good luck
Long
by CobraVanguard
10