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Egldusd

EGLDUSDT , We need more correctionGood night everyone According to our last analysis , exactly the movement and our predict happen and now after we made new breakwave ,we need to recovery the power to go up more and more . Maybe because of the momentum the price want to go up and check the resistance zone and top of the breakwave again and then fall down EGLD is one of the most powerful project in crypto and the fundamental of them is heavy powerful :D We shown on chart two buy zone area that check in multi-time frame to find best zone for buying and HODL it until the target that we will publish in future can reach Previous analysis : Good Luck Abtin
Short
by Abtin00
4
Elrond (EGLD) Analysis 10/03/2021Elrond is a blockchain protocol that seeks to offer extremely fast transaction speeds by using sharding. The project describes itself as a technology ecosystem for the new internet, which includes fintech, decentralized finance and the Internet of Things. Its smart contracts execution platform is reportedly capable of 15,000 transactions per second, six-second latency and a $0.001 transaction cost. The blockchain has a native token known as eGold, or EGLD, that is used for paying network fees, staking and rewarding validators. Elrond was first announced in August 2019, and its mainnet went live in July 2020. Elrond describes itself as a blockchain platform for the new internet economy, decentralized applications and enterprise use. Its main selling point is its high scalability, stating that it is the first blockchain network in which state, network and transaction sharding have all been implemented. According to its economics paper, it seeks to build up its ecosystem and establish EGLD as a store-of-value asset. To achieve this goal, the network runs on 2,169 validator nodes split into four shards: three execution shards, capable of 5,400 transactions per second each, and one coordination shard, the "Metachain." Elrond's adaptive state sharding architecture completely shards state, transactions and network. It can scale by adding an additional shard when the throughput demand is unmet. It was tested to run 263,000 TPS in a public environment with 1,500 nodes from 29 countries grouped in 50 shards. In order to increase adoption, the project also supports developers building on the platform, allowing them to earn 30% of the smart contract fees as royalties. The company maintains a supply of EGLD tokens to stake on the network during its first year, with validator nodes receiving a 36% annual percentage rate. Technical Analysis: there are total of 3 targets defined by Fibonacci projection. the 3 TP gets its confirmation when the 2 TP gets triggered by an impulsive wave followed by price correction.
Long
by BitonGroup
10
$EGLDLeading up to November 19th, EGLD’s price was around $300. However, last Friday, this changed drastically, and the token charted a new all-time high of around $492 today. One of the main reasons behind the price expansion might have been the $1.29 billion liquidity incentive program, which Elrond introduced on Friday. The initiative aims to “supercharge” the upcoming launch of the platform’s native decentralized exchange – Maiar. The DEX will use its utility and governance token – MEX – to transfer the funding. $282 million of the total amount will be distributed in the first month to those users of the trading venue who provide liquidity in EGLD, MEX, and USDC. EGLD is probably one of my biggest holdings. It had a clean break of its ascending triangle on the daily and continued strong. Price closed on a bearish shooting star which could confirm that’s it for a little while. We could expect price to pullback from being overbought before a continuation up. Overall. I’m long term bullish. Keep this on your watchlist. - Factor Four
ELong
by TheBlankFund
EGLDUSDT , Broken upward channelHello guys Whats up ? did you follow us and be patient to our team publish anay chart or not ? :D :D Everything is shown on chart is nothing to explain but i will tell you some point for taking position The price broke the upper trendline of the channel and had pullback to it and now we shown 2 target on chart , when the price can break and move up the first Tp you can be ready to have position in the way and when it pullback to the broken zone and wait until the second Tp reach Dont forget use stop loss and use money management and first take signal like ... then take in position Good Luck Abtin
Long
by Abtin00
4
EGLD on the way to It's New ATH: 425$!Hi every one EGLD / TETHERUS EGLD/USDT Can Create A New ATH! as you can see the Price has Formed an Ascending Triangle. This Pattern is Gonna Increase the Price of EGLD as Much as The Measured Price movement (AB=CD) If Break out happens, we can Expect EGLD to Reach 425$! Summery: -EGLD has the Potential to reach a New All Time High! -(AB=CD) -Expecting To See EGLD at 425$. 💎Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad. Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!! Thank you for seeing idea . Have a nice day and Good luck
Long
by CobraVanguard
23
(Update) EGLD: So now the way to 420$ is Pretty easier to reach.Hi every one EGLD / TETHERUS 🟡last time we talked about EGLD, It was in an Ascending Triangle,But right now This Triangle pattern has been broken Upwardly! So now the way to 420$ is Pretty easier to reach. previous Analysis 💎Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad. Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!! Thank you for seeing idea . Have a nice day and Good luck
Long
by CobraVanguard
6
Elrond $EGLD going to the moon..literallyElrond's low supply dynamics and good momentum ensure that the price will rise very quickly once the altcoin bull run is in full force. In this chart, I've tracked Elrond chart on the log scale which allows us to chart the parallel channel which will take EGLD beyond $1000. Till date, EGLD has witnessed a stupendous ROI since inception and if momentum holds, this should continue in Q4 2021 and Q1 2022. If you plan to be on the long side of EGLD, current position in the channel provides an advantageous position. There is a short term rising trend (marked by green line) too for short term trades.
BINANCE:EGLDUSDLong
by maderix
2