fxstreet.com 10 Feb, 2021 08:00 am

EGLD sees massive 200% explosion but faces extreme selling pressure

EGLD sees massive 200% explosion but faces extreme selling pressure
Elrond has been trading inside a massive rally since October 2020 from an all-time low of $6.8 to an all-time high above $200. In the past 48 hours, t

Elrond price has experienced one of the biggest rallies in the past two days.Elrond price can quickly fall towards $175 On the 6-hour and the 9-hour charts, the TD Sequential indicator has presented two sell signals and it’s on the verge of doing the same on the daily chart, where currently we can see a green ‘8’ candlestick.Elrond price can potentially drop towards this level.FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements.

It also does not guarantee that this information is of a timely nature.EGLD Sell Signals If the daily sell signal is confirmed, EGLD can see a massive correction in the short-term as there are no clear support levels on the way down.

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