Based on the EGLD/USDT 1D chart:

  1. Price Action: The price is currently in an upward trend after bouncing from a support level around $21.48. It's approaching a key resistance zone near $35–$40, which aligns with previous consolidation and rejection points.

  2. RSI: The RSI is at 64.98, nearing overbought territory. While it indicates bullish momentum, it suggests the possibility of a slowdown or a pullback soon.

  3. Resistance/Support:

  4. Resistance: Around $36–$40.

    1. Support: $32–$33 in case of a rejection.

Prediction:

  • Likely move: The price may test the $36–$40 resistance. A breakout above this level could lead to further upside toward $45. However, failure to break could result in a pullback to $32–$33 before another attempt at higher levels.

$EGLD