My thoughts on EGLD

٢٠ يناير ٢٠٢٢

EGLD has seemingly held at its 55 week MA and is possibly going towards a trading zone between 220 to 250. After it reaches that price, depending on buy/sell volume and the overall market trend it could potentially reach its old peak or pummel down towards its old support (if BTC and ETH doesn't hold current price level). Keep an eye out for large volume buys and sells on the hourly charts.