Over a week ago I made an analysis on EGLD. I expected the price to reach $200 shortly after a huge bullish period.
During the crash earlier this week, EGLD fell down to my earlier indicated support of $150. After a while it made a fake-out below the support and reversed swiftly.
We're currently trading above our main target of $200. I'm expecting the price to see some consolidation around this area before moving on.
New target for the coming weeks is placed at $240. With the rotation of market leaders, this token could very well reach crazy highs in the near future.
Happy trading!
During the crash earlier this week, EGLD fell down to my earlier indicated support of $150. After a while it made a fake-out below the support and reversed swiftly.
We're currently trading above our main target of $200. I'm expecting the price to see some consolidation around this area before moving on.
New target for the coming weeks is placed at $240. With the rotation of market leaders, this token could very well reach crazy highs in the near future.
Happy trading!
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