#MultiversX

Would the $EGLD token have fallen TOO MUCH beforehand to not follow the correction of #Bitcoin ? 🤔

The #EGLD token is currently holding up well to the overall market fall.

However,
Go above $29.25 (minimum) to allow yourself to buy back #eGold in the short term.

2 hour chart of #EGLDUSD :

#MultiversX
For once the token $EGLD contains its fall in the face of an overall fall in the market... Let's applaud! 👏

You will still have to wait for a return > $29.25 (at minimum) to return to short-term purchasing.

2 hour analysis follow-up from #EGLD : https://www.centralcharts.com/fr/2350511-elrond-egld-usd/analysis/441760-elrond-egld-usd-2h?ksfg=PA38FLCVBD

2h graph of #EGLDUSD :

#MultiversX
I'm sorry for the hodlers $EGLD but you can't force a technical analysis to be bullish... 🤷

With regard to this 30-minute unit of time, it would take at least a return of #EGLD above $39.36 to become a buyer in the short term.

Hands to the sellers this morning... (you're used to it) 😅
You can hope that the price does not fall below $39 again otherwise this will be a new sell signal...

30 minute chart of #EGLDUSD :