#MultiversX bounces back near 40 $ and breaks above 200 EMA on Daily - extremely bullish signal! this is its price history for the last 1,000 days:
➜ EGLD spent 163 days above 200 EMA on daily and 767 days below 200 EMA showing how hard and painful the period of the last 3 years was
➜ EGLD entered the Bearmarket in June 2022, when it fell below 70 $ and since then this level has remained the range high and the most important resistance that has not been broken yet
➜ EGLD formed a bullish divergence on the last decline at 21 $ ~ and with the current conditions of the crypto market (extremely good) this could be the bottom
➜ The period above 200 EMA I think was a disbelief rally during a Bearmarket and with a rise above 50-70 $ in the next period it could mark the END of the Bearmarket
A like & re-tweet#egldsqueeze#egld #multiversX