egld
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E G L D 👇
MultiversX Price Prediction: Elrond EGLD coin has made a major move! After 16 months in a falling wedge pattern, a 40% single-day surge breaks out, signaling a potential trend reversal.
🐂 Is the Recovery Trend Here to Stay? The falling wedge pattern suggests a shift in sentiment and weakening bearish momentum.
💰 Resistance at $50 is expected, but upswings may target $54, $64, and $70 with sustained buying.
📉 Could EGLD Price Dip? $50 resistance might lead to a brief retracement. Key support levels: $46, $41.6, and the secure zone at $38 (50% Fibonacci level).
🚀 Bullish Signs:
- Bollinger Bands show strong buying momentum.
- RSI at an overbought 90% signals a potential minor pullback.
Keep an eye on Elrond's EGLD as it navigates this exciting phase! #crypto2023 #egld #cryptocurrency #BTC #bitcoin
MultiversX Price Prediction: Elrond EGLD coin has made a major move! After 16 months in a falling wedge pattern, a 40% single-day surge breaks out, signaling a potential trend reversal.
🐂 Is the Recovery Trend Here to Stay? The falling wedge pattern suggests a shift in sentiment and weakening bearish momentum.
💰 Resistance at $50 is expected, but upswings may target $54, $64, and $70 with sustained buying.
📉 Could EGLD Price Dip? $50 resistance might lead to a brief retracement. Key support levels: $46, $41.6, and the secure zone at $38 (50% Fibonacci level).
🚀 Bullish Signs:
- Bollinger Bands show strong buying momentum.
- RSI at an overbought 90% signals a potential minor pullback.
Keep an eye on Elrond's EGLD as it navigates this exciting phase! #crypto2023 #egld #cryptocurrency #BTC #bitcoin
Chart request: $EGLD
Bullish structure mid term📈
Bullish retest daily & weekly ✅📈
Neutral zone weekly: 48.30 - 43.50 $
A weekly breakout above 49$ will lead to a pump toward 60 - 68$🚀
It's better to wait for lower entry, but a pump toward 68$ - 70$zone is possible from this zone!🚀 (WEEKLY)
❗️Bullish invalidation if a weekly close below 36$❗️
#egld #etf #BTC #crypto #BinanceSquare
Bullish structure mid term📈
Bullish retest daily & weekly ✅📈
Neutral zone weekly: 48.30 - 43.50 $
A weekly breakout above 49$ will lead to a pump toward 60 - 68$🚀
It's better to wait for lower entry, but a pump toward 68$ - 70$zone is possible from this zone!🚀 (WEEKLY)
❗️Bullish invalidation if a weekly close below 36$❗️
#egld #etf #BTC #crypto #BinanceSquare
$EGLD
Weekly view:
68 - 70$ next 🚀
50 - 60% pump to take on SPOT for patient people! 🚀🚀🚀
#egld #trading #btc #BinanceSquare #spotsignal
Weekly view:
68 - 70$ next 🚀
50 - 60% pump to take on SPOT for patient people! 🚀🚀🚀
#egld #trading #btc #BinanceSquare #spotsignal
Thoughts on Coins:
📉 Short contenders:
- HOT
- JOE
📈 Long contenders:
- EGLD.
- COMP.
#Binance #crypto2023 #trade #hot #egld
📉 Short contenders:
- HOT
- JOE
📈 Long contenders:
- EGLD.
- COMP.
#Binance #crypto2023 #trade #hot #egld
These 5 Altcoins Stole the Show This Week
BeInCrypto looks at five altcoins that increased the most in this week’s crypto market, specifically from April 21 to 28.
The term altcoin refers to cryptocurrencies other than Bitcoin (BTC). These bullish altcoins have stolen the crypto news and cryptocurrency market spotlight this week as the biggest gainers:
Render Token (RNDR) price increased by 36.87%
Cronos (CRO) price increased by 18.87%
Injective (INJ) price increased by 14.53%
MutliversX (EGLD) price increased by 12.37%
WOO Network (WOO) price increased by 9.09%
Render Token (RNDR) Price Leads Bullish Altcoin Gainers
The RNDR price broke out from the $2.15 horizontal resistance area on April 26, reaching a new yearly high of $2.55 two days later. Due to the lack of overhead resistance, the price action suggests that the upward movement can accelerate further.
If it does, the next closest resistance area will be at $3.80.
RNDR/USDT Daily Chart. Source: TradingView
However, if the rally loses momentum, RNDR could fall back to the $2.15 horizontal area, which is now expected to provide support.
Cronos (CRO) Price Breaks Out Above Resistance
The CRO price has increased alongside an ascending support line since the beginning of the year. More recently, it bounced at the line on April 24 (green icon).
The price successfully broke out from the $0.073 resistance area on April 27. Now, the area is expected to provide support.
CRO/USDT Daily Chart. Source: TradingView
If the increase continues, CRO could reach the next resistance at $0.086. However, if the rally loses steam, CRO could drop to the $0.073 area, which is now expected to provide support.
Injective (INJ) Approaches Pattern’s Resistance
The INJ price has increased inside an ascending parallel channel since the beginning of the year. An ascending parallel channel is a type of corrective pattern in which the price bounces between two parallel lines before eventually breaking down most of the time.
However, the fact that the price keeps trading in the upper portion of the channel by bouncing at its midline (green icon) makes a breakout slightly more likely.
INJ/USDT Daily Chart. Source: TradingView
If the price gets rejected at the channel’s resistance line, it could fall to the midline again. However, if a breakout above the resistance line transpires, an increase to $15 could follow.
MultiversX (EGLD) Price Altcoin Fails to Break Out
The EGLD price has decreased under a descending resistance line since Feb. 13. More recently, EGLD made a breakout attempt on April 27.
However, that was unsuccessful, and the price created a long upper wick. This is a bearish signal since it means that the buyers were not able to sustain the price. Rather, sellers took over and pushed it down.
EGLD/USDT Daily Chart. Source: TradingView
If a breakout occurs, EGLD could increase to $50. However, if the line causes another rejection, a drop to $38 will be on the cards.
WOO Network (WOO) Price Bounces at Support
Concluding the list of bullish altcoins this week, Woo Netrowrk wraps up the list. Similarly to INJ, the WOO price has traded inside an ascending parallel channel since the beginning of the year.
The price was rejected by the channel’s resistance line on April 15 and has fallen since.
However, WOO bounced at the $0.26 horizontal support area on April 24 (green icon) and began an upward movement.
WOO/USDT Daily Chart. Source: TradingView
If the increase continues, WOO can reach the channel’s resistance line at $0.36. However, if the rally loses momentum, WOO could fall to the $0.26 area again.
#woo #egld #Binance #inj #rndr
The term altcoin refers to cryptocurrencies other than Bitcoin (BTC). These bullish altcoins have stolen the crypto news and cryptocurrency market spotlight this week as the biggest gainers:
Render Token (RNDR) price increased by 36.87%
Cronos (CRO) price increased by 18.87%
Injective (INJ) price increased by 14.53%
MutliversX (EGLD) price increased by 12.37%
WOO Network (WOO) price increased by 9.09%
Render Token (RNDR) Price Leads Bullish Altcoin Gainers
The RNDR price broke out from the $2.15 horizontal resistance area on April 26, reaching a new yearly high of $2.55 two days later. Due to the lack of overhead resistance, the price action suggests that the upward movement can accelerate further.
If it does, the next closest resistance area will be at $3.80.
RNDR/USDT Daily Chart. Source: TradingView
However, if the rally loses momentum, RNDR could fall back to the $2.15 horizontal area, which is now expected to provide support.
Cronos (CRO) Price Breaks Out Above Resistance
The CRO price has increased alongside an ascending support line since the beginning of the year. More recently, it bounced at the line on April 24 (green icon).
The price successfully broke out from the $0.073 resistance area on April 27. Now, the area is expected to provide support.
CRO/USDT Daily Chart. Source: TradingView
If the increase continues, CRO could reach the next resistance at $0.086. However, if the rally loses steam, CRO could drop to the $0.073 area, which is now expected to provide support.
Injective (INJ) Approaches Pattern’s Resistance
The INJ price has increased inside an ascending parallel channel since the beginning of the year. An ascending parallel channel is a type of corrective pattern in which the price bounces between two parallel lines before eventually breaking down most of the time.
However, the fact that the price keeps trading in the upper portion of the channel by bouncing at its midline (green icon) makes a breakout slightly more likely.
INJ/USDT Daily Chart. Source: TradingView
If the price gets rejected at the channel’s resistance line, it could fall to the midline again. However, if a breakout above the resistance line transpires, an increase to $15 could follow.
MultiversX (EGLD) Price Altcoin Fails to Break Out
The EGLD price has decreased under a descending resistance line since Feb. 13. More recently, EGLD made a breakout attempt on April 27.
However, that was unsuccessful, and the price created a long upper wick. This is a bearish signal since it means that the buyers were not able to sustain the price. Rather, sellers took over and pushed it down.
EGLD/USDT Daily Chart. Source: TradingView
If a breakout occurs, EGLD could increase to $50. However, if the line causes another rejection, a drop to $38 will be on the cards.
WOO Network (WOO) Price Bounces at Support
Concluding the list of bullish altcoins this week, Woo Netrowrk wraps up the list. Similarly to INJ, the WOO price has traded inside an ascending parallel channel since the beginning of the year.
The price was rejected by the channel’s resistance line on April 15 and has fallen since.
However, WOO bounced at the $0.26 horizontal support area on April 24 (green icon) and began an upward movement.
WOO/USDT Daily Chart. Source: TradingView
If the increase continues, WOO can reach the channel’s resistance line at $0.36. However, if the rally loses momentum, WOO could fall to the $0.26 area again.
#woo #egld #Binance #inj #rndr
The significant price increase of EGLD (Elrond) by 60% within 24 hours, with the majority of its trading volume coming from Upbit, a South Korean crypto exchange, raises questions about potential manipulation and market dynamics. Here are some key points to consider:
1. **Price Discrepancy:** EGLD is trading at a higher price on Upbit ($55) compared to other exchanges where it's around $52. This kind of price discrepancy can be an indicator of market inefficiencies or potentially speculative trading.
2. **Upbit's Influence:** Upbit has been associated with pumps of other tokens in the past. The fact that a significant portion of EGLD's volume is coming from Upbit might raise concerns about whether this price increase is driven by the exchange's activities.
3. **Whale Activity:** The involvement of big whales purchasing EGLD to arbitrage on Upbit can contribute to the price increase. Arbitrage trading seeks to profit from price differences across different exchanges.
4. **Volatility Warning:** The note of caution at the end is valid. Sudden price surges, especially when associated with a single exchange, can result in increased volatility. Traders and investors should be cautious, and leveraging such situations can be risky.
It's essential to conduct thorough research and exercise caution when trading or investing in cryptocurrencies during periods of rapid price fluctuations, especially when such fluctuations are tied to specific exchanges. The sustainability of the pump and its underlying reasons may not always be clear, and markets can be unpredictable.
#manipulation #egld
1. **Price Discrepancy:** EGLD is trading at a higher price on Upbit ($55) compared to other exchanges where it's around $52. This kind of price discrepancy can be an indicator of market inefficiencies or potentially speculative trading.
2. **Upbit's Influence:** Upbit has been associated with pumps of other tokens in the past. The fact that a significant portion of EGLD's volume is coming from Upbit might raise concerns about whether this price increase is driven by the exchange's activities.
3. **Whale Activity:** The involvement of big whales purchasing EGLD to arbitrage on Upbit can contribute to the price increase. Arbitrage trading seeks to profit from price differences across different exchanges.
4. **Volatility Warning:** The note of caution at the end is valid. Sudden price surges, especially when associated with a single exchange, can result in increased volatility. Traders and investors should be cautious, and leveraging such situations can be risky.
It's essential to conduct thorough research and exercise caution when trading or investing in cryptocurrencies during periods of rapid price fluctuations, especially when such fluctuations are tied to specific exchanges. The sustainability of the pump and its underlying reasons may not always be clear, and markets can be unpredictable.
#manipulation #egld
🎯💡EGLD/USDT SHORT💰🔥
Follow me for free food daily
EXPECTING A REJECTION FROM THE RESISTANCE
Market Oder
Entry: 36.82
HIGHER ENTRY PRICE IS BETTER AND SAFER!
TP:
1) 35.91
2) 35.32
3) 34.28
4) 32.60
SL: 37.19
#askanda #GOATMoments #vipsignals #egld
Follow me for free food daily
EXPECTING A REJECTION FROM THE RESISTANCE
Market Oder
Entry: 36.82
HIGHER ENTRY PRICE IS BETTER AND SAFER!
TP:
1) 35.91
2) 35.32
3) 34.28
4) 32.60
SL: 37.19
#askanda #GOATMoments #vipsignals #egld
#egld
Binance Futures
#EGLD/USDT Take-Profit target 1 ✅
Profit: 40.9639% 📈
Period: 4 Hours 46 Minutes ⏰
👉 @Mr_Trader100x
Binance Futures
#EGLD/USDT Take-Profit target 1 ✅
Profit: 40.9639% 📈
Period: 4 Hours 46 Minutes ⏰
👉 @Mr_Trader100x
EGLD/USDT 1H
You've shown great active! A
So, as promised, here a long setup:
Locally, there is an entry impulse with a
break of the descending structure, and a flat
correction is forming
You can consider going long with a small
leverage from the highlighted area (keep in
mind that the stop-loss is a bit far from the
entry price, so be cautious) #egld $BTC #crypto2023 #BTC #Layer2 #ETH
You've shown great active! A
So, as promised, here a long setup:
Locally, there is an entry impulse with a
break of the descending structure, and a flat
correction is forming
You can consider going long with a small
leverage from the highlighted area (keep in
mind that the stop-loss is a bit far from the
entry price, so be cautious) #egld $BTC #crypto2023 #BTC #Layer2 #ETH
🚀 $EGLD Up By 75% 🔥🔥🔥
⏩ BUYING Range - $25 - $26
📊 S/L - 10-20%
• Closing Our 80% of Margin.
Want More of Those Just Stay With Us.
#egld #freesignal #spot
⏩ BUYING Range - $25 - $26
📊 S/L - 10-20%
• Closing Our 80% of Margin.
Want More of Those Just Stay With Us.
#egld #freesignal #spot
Last week i have given you two trades.
#BTC and #egld
both were some forming chart patterns,
here i have bring a learn task for you guys, There are charts of $BTC and $EGLD i have shared these analysis with you guys recently.
and a photo that can tell you about the pattern
so can you guess what pattern are these coin forming and what indicates it??
#beyoglu
#BTC and #egld
both were some forming chart patterns,
here i have bring a learn task for you guys, There are charts of $BTC and $EGLD i have shared these analysis with you guys recently.
and a photo that can tell you about the pattern
so can you guess what pattern are these coin forming and what indicates it??
#beyoglu
MultiversX (EGLD) continues to develop its ecosystem. The blockchain project, which signed an important agreement with Tencent in the past weeks, announced that MultiversX Bridge was also implemented.
#egld #BTC #Altcoin #BNB #crypto2023
#egld #BTC #Altcoin #BNB #crypto2023
#egld long entry for Future and spot.
Long/buy $EGLD 29.3-30.3$
tp1: 32.5$
tp2: 34$
stoploss: 27$
i'll provide more updates over this trade as wit will hit our entry price.
you guys can book your shiba inu trade i have already mentioned when it hit first tp that i am holding it for quite long term.
plan your trade accordingly.
#beyoglu #dyor
Long/buy $EGLD 29.3-30.3$
tp1: 32.5$
tp2: 34$
stoploss: 27$
i'll provide more updates over this trade as wit will hit our entry price.
you guys can book your shiba inu trade i have already mentioned when it hit first tp that i am holding it for quite long term.
plan your trade accordingly.
#beyoglu #dyor
$EGLDUSDT 1D,
Currently forming a falling wedge pattern, rejecting off of the support, except that I believe that this is not enough to break from above, we might see a pullback to the upside if we fail to push down, inorder to grab liquidity that will help us doing so, we have a weekly level at 25$, from there I will start DCA until $20 (Spot)
#egld $EGLD
Currently forming a falling wedge pattern, rejecting off of the support, except that I believe that this is not enough to break from above, we might see a pullback to the upside if we fail to push down, inorder to grab liquidity that will help us doing so, we have a weekly level at 25$, from there I will start DCA until $20 (Spot)
#egld $EGLD
