$EGLD HOLDS ITS MAJOR SUPPORT AND BOUNCES FROM THAT MONTHLY LOW! HERE'S WHAT MIGHT BE NEXT!
Currently, EGLD has made several attempts to break its current support. Although, this has been proven to be strong after bouncing several times. Furthermore, as we inspect these support key levels. We have now the idea as to how much the buyers are willing to order this altcoin's best possible price.
EGLD's price has been steadily rising above the little resistance levels that were just breached, leading to a notable increase. As a result, it was determined to continue fulfilling purchasing orders, which has produced an incredible 104.86% gain. Given the current amount of volatility, support might be forming as the market continues to search for higher lows. We will also examine the buying momentum of the altcoin to ensure that buy orders function as smoothly as possible.
These posts are for educational purposes. To guide the people who might still be struggling within the crypto market, those who are new to the environment and volatility and everyone else who needs it.
Stay wise, trade cautiously.
