EGLD/USDT Technical Analysis and Price Prediction

Share this blog on :

Technical Analysis of EGLD/USDT:-

EGLD is currently trading at $41, which is 93% down from its all-time high.

Despite many influencers claiming that it would reach $1000, investors suffered significant losses due to their funds being liquidated.

In my opinion, EGLD is likely to experience further downward trends, and it may test the $27 level, resulting in a 34% drop from its current value.

I remain bullish on EGLD only if it surpasses the $52 level.

In bear markets, smart traders buy the dip and sell in bull markets. At present, both the RSI and MACD indicators are bearish.

The critical levels to watch:-

Support:- $27

Resistance:- $52

If you appreciate my analysis, please like and share it.

To stay up to date on the latest crypto real-time updates, be sure to follow me.

Thank you.

#cryptocurrency #EGLD #EGLDUSDT #buildtogether #Bitcoin 

Leave a Comment

Your email address will not be published. Required fields are marked *