$ELF is $0.4965, with a 24-hour high of $0.5430 and a low of $0.4755. The price chart indicates a resurgence in ELF’s momentum, reflecting its alignment with the broader market trends. Its movements show a significant relationship with Bitcoin (BTC), suggesting that BTC's behavior greatly impacts ELF’s price volatility. Additionally, the influence of Solana (SOL) further highlights its role in enhancing ELF’s liquidity and price action.
Looking forward, the prediction for ELF’s price targets $0.55 in the short term, contingent upon continued BTC growth and a stable Solana market. Conversely, if BTC encounters resistance, ELF could retest support levels around $0.48, emphasizing its dependence on BTC trends and Solana’s contribution to market stability.
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